Short sales (selling the home for less than the value of the loan) are rising across the nation, and while they have yet to overtake foreclosure numbers in Atlanta, they are in fact up 120 percent from a year ago, according to RealtyTrac. . . . → Read More: Short Sales: Necessary Compromise or Scamming the System?
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The number of homes entering the foreclosure process rose 8.1 percent in March, according to a new report, but the volume is down more than 30 percent from a year ago. . . . → Read More: Flood of Foreclosures Still Fails to Materialize More Americans are renting homes, and fewer are owning them; it’s not as if this is news to anyone who follows the U.S. housing market, but a new report from the Census Bureau today really put an historical exclamation point on the trend. . . . → Read More: Despite High Affordability, Renter Nation Reigns Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac. . . . → Read More: Foreclosure Activity Returns in Majority of US Markets More buyers signed contracts to buy existing homes in March than the previous month, according to a new report, prompting one expert to say, “The housing market has clearly turned the corner.” . . . → Read More: Home Sales Contracts Rise 4.1% in March It’s not crashing again, it’s just bouncing along a bottom, which means the recovery, as we’ve been warning all along, becomes increasingly local. . . . → Read More: Housing: Bottom, Reversal or Just Noisy Numbers |
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