Tag Archives: Distressed Properties

Pending Home Sales Barely Budge in September

In a sign of a still struggling housing market, signed contracts to buy existing homes were essentially flat in September from August, edging up just 0.3 percent according to a monthly index from the National Association of Realtors. The index … Continue reading

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Why Today’s Housing Report Spooked Investors So Much

The good housing numbers are all up from a year ago: Sales, starts, building permits, prices, earnings. The bad numbers are down: Mortgage delinquencies, foreclosures, negative equity. So why are investors pulling out of the home builders today? And why … Continue reading

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Home Builders Need Mortgage Bankers to Keep Recovery Alive

A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading

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Is Housing Recovering as Much as Everyone Thinks?

The news is finally good: Consumer sentiment in housing is at the highest level since the recovery began.  Realtors say not only are buyers coming back, but much-needed sellers are too. Inventories of distressed properties are shrinking, and mortgage rates … Continue reading

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Is Housing Risen From Ashes? ‘Industry Has Come Back’

Economists are saying it, and now even some Americans are saying it. After falling to depths not seen since the Great Depression, the U.S. housing market may finally be rising from the ashes.  It may not seem like a lot, … Continue reading

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