Tag Archives: Pace

Foreclosures fall even as judges ramp up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

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Housing Recovery Rides Rate Roller Coaster

“Last week mortgage rates retreated from a 23-month high as the Fed sought to reassure markets that the wind-down of the stimulus program would be gradual, and contingent upon strong improvement in economic fundamentals,” said Erin Lantz, director of Zillow … Continue reading

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As Prices Rise, Banks Repossess More Homes

“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading

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More Homeowners Become Accidental Landlords

Arati Patel built a house in Greenville, SC in 2007, but when she was forced to move to Washington, DC for a new job, she knew she couldn’t sell it for enough, so she put it up for rent. In … Continue reading

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Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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