Tag Archives: Norm

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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More Homes Are Above Water, But Some Sellers Still Suffer

As home sale prices rise, overall home equity rises, and consequently more and more mortgages are no longer “under water.”  1.3 million homes that were previously worth less than the mortgages on them came back into positive territory in the … Continue reading

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More Homes Are Above Water, But Some Sellers Still Suffer

As home sale prices rise, overall home equity rises, and consequently more and more mortgages are no longer “under water.”  1.3 million homes that were previously worth less than the mortgages on them came back into positive territory in the … Continue reading

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Vacant Homes Will Drown Housing Recovery

Page 1 of 3 | Next PageShow Entire Article A real estate source I knew recently told me about a guy he knows in Atlanta who has been hired by several different banks to winterize their REO’s (real estate owned, … Continue reading

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Home Sales Contracts Rise, But Cancellations Run High

Page 1 of 3 | Next PageShow Entire Article Last month, the National Association of Realtors reported a huge jump in cancellations of pending home sale contracts. 16 percent of contracts didn’t make it to closing, up from a norm … Continue reading

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