Tag Archives: Distressed Properties

Pending Home Sales Fall in June Due to ‘Fewer Listings’

Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading

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Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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Home Prices See Gains, But That’s Not the Whole Story

Page 1 of 2 | Next PageShow Entire Article It is not exactly a trend, but for the second-straight month, U.S. home prices saw year-over-year gains. Including distressed sales (foreclosures and short sales), prices rose 1.1 percent in April, according … Continue reading

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San Francisco Bay Area Home Sales Reach Five-Year High for March

Home sales in the San Francisco Bay Area reached the highest level for the month of March in five years as an improving economy and low interest rates lured buyers, according to DataQuick. A total of 7,694 houses and condominiums … Continue reading

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Buy Foreclosures With Your IRA

Page 1 of 3 | Next PageShow Entire Article While home prices still haven’t hit bottom nationally, demand is starting to grow, especially for distressed properties on the low end of the market. Large scale investors, like hedge funds and … Continue reading

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