Friday , 2 June 2017
Home » Housing Crisis (page 5)

Housing Crisis

US Default Seen Pushing Housing to the Brink

Housing largely dodged a bullet on the government shut down that went into effect October 1, the pending default, however, is an entirely different matter. As the October 17 default deadline nears, knuckle in the housing industry are turning white. Read More »

Shadow Inventory is a Shadow of Itself

The shadow inventory-the number of homes in the foreclosure pipeline–is down 33 percent from a year ago and now is at its lowest level since August 2008, at least one year before the notion of a foreclosure shadow inventory was recognized. Read More »

Fastest Markets are in Low Gear

Home-selling speeds fell for the fourth month in a row. In August, 27.9 percent of homes went under contract in less than two weeks, down from 29 percent in July and 33.7 percent in April. Read More »

Foreclosure Inventory Plunges 32 Percent

There were only about 49,000 completed foreclosures in the U.S. in July 2013, down from 65,000 in July 2012, a year-over-year decrease of 25 percent. On a month-over-month basis, completed foreclosures decreased 8.6 percent from the 53,000* reported in June. Read More »

Earn a 25% Commission Rebate on Any Home Purchase!