Tag Archives: Inventories

US Pending Home Sales Tick Upward in March

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading

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Housing’s Spring Bloom ‘Stuck’ Due to Short Supply

“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading

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Housing Recovery Leaves Some Behind

To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading

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Home Buyers Are Back, but Where Are the Houses?

“Some listings are vanishing from a strategic decision of waiting for an even a higher price later. Some are due to few newly built homes available to trade-up to, hence some current existing home owners are unwilling to list. Some … Continue reading

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Foreclosure-Related Homes Still Driving Sales

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading

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