Shadow Inventory Unlikely to Hurt Market
Nearly 5 million houses and condos, of which the mortgages are delinquent, will go through foreclosure over the next few years, a new study by John Burns Real Estate Consulting Inc. concludes. This...
View ArticleFewer Sellers Are Cutting Prices
The prices on 19 percent of homes for sale as of March 1st have been reduced at least once, the lowest percentage in the last year, according to Trulia.com. In October and November, when the market was...
View ArticleMarkets: 10 Fastest-Growing Small Towns (Counties) in US
Towns all over the country grew during this decade as retirees and others sought attractive and uncrowded places to live and vacation. Early U.S. Census Bureau projections identify these towns as...
View ArticleForeclosures Decline in Most Hard-Hit Markets
Among the 20 U.S. metropolitan areas with the highest foreclosure rates, foreclosures actually declined in the last year, falling in 14 of the top 20 cities and eight of the top 10, reports RealtyTrac,...
View Article10 Cities with Lowest Rates of Home Equity
Despite generally rising home prices, home equity continues to fall in many cites hardest hit by the unraveling of the real estate market. Equity continues to drop because of resetting mortgage rates,...
View ArticleTop 10 Fastest Growing U.S. Counties
The fastest-growing counties in the country, according to the U.S. Census Bureau, are mostly in suburban areas outside of urban centers. The census numbers govern the distribution of more than $400...
View ArticleSellers Aren’t Cutting Prices
The number of home sellers listing on Zillow.com who lowered their prices in August was unchanged from July, the first time in five months that price cuts weren’t on the rise. The median price cut was...
View ArticleAmerica’s 10 Dirtiest Cities
Seven of the dirtiest cities in the U.S. are in California, where voters rejected Prop 23 earlier this month, which would have temporarily suspended emission-reduction requirements. The American Lung...
View ArticleThe Long Process of Foreclosure Gets Longer
The foreclosure process is getting longer and longer. According to statistics from LPS Applied Analytics: Delinquent loans in five judicial-process states spend more than 500 days in the foreclosure...
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