Housing: Part 317 – Unsold Inventory During The Financial Crisis
Sorry, it's a bit messy. The orange line at the bottom is homes built speculatively which have not been started yet.
Sorry, it's a bit messy. The orange line at the bottom is homes built speculatively which have not been started yet.
Existing home sales kicked off 2017 with a spurt that brought sales of single family homes, townhomes, condos, and cooperative apartments to the fastest pace in nearly a decade . The National Association of Realtors said January sales were up 3.23 percent from December to a seasonally adjusted annual rate of 5.69 million units. Foreclosure…
They help Americans make the biggest purchase of their lives, using financing that can last for decades. Should they have to pass a test to keep practicing? Ken Brown is a manager at Homewise , a Santa Fe, New Mexico-based housing counseling center. Foreclosure News
If you are a residential lender doing business in Nevada, would you ever lend on a condo or residence that has a Home Owner's Association? Good luck. As has been noted in this commentary before, it is problematic. Foreclosure News
The average home sales price in May was $ 192,883, a 14 percent increase from $ 169,540 a year ago, according to real estate information company Chandler Reports, chandlerreports.com . The number of units sold was up slightly in May, with 1,779 sales recorded for the month, compared with 1,770 last year, “The overall market,…
Question : My husband and I plan to enter a continuing care retirement home next year. We have certificates of deposit maturing next year which will be enough to pay the home's initial “upstart” fee, and we have paid off our home mortgage. Foreclosure News
You've probably heard that Donald Trump had four bankruptcies, but what does it really mean? Let me tell you my story to really explain what bankruptcy is and how it can be one of the most powerful tools in business. Growing up I had a somewhat unique situation. Foreclosure News