Category: Foreclosures

US Housing has Bottomed…or Has it? US Housing has Bottomed…or Has It?

By admin, February 22, 2012 4:56 pm
google Real Estate

The below article was written by the Stock Sage, Robert Sinn, at RobertSinn.com. I posted this article, because it is concise and informative.  google Real Estate thanks you Robert for sharing your thoughts and vast market knowledge. US Housing has Bottomed…or Has it? I have both personally seen and heard of numerous anecdotes that help to add ...

What is a Short Sale?

By admin, June 15, 2011 4:26 pm
what is a short sale 1

What is a Short Sale? A Short Sale is the process in which a homeowner can sell his or her home for less money than he or she actually owes on the mortgage(s). A Short Sale is an alternative to bankruptcy or a foreclosure for homeowners that can no longer afford to keep paying their mortgage.  Often, ...

Mortgage Delinquencies

By admin, June 14, 2011 4:19 pm
Mortgage Delinquencies 2

Mortgage Delinquencies Mortgage Delinquincies and high Mortgage Delinquency Rates have been a big problem in the US real estate market over the past several years.  These high mortgage delinquency rates have led to a myriad of Pre-Foreclosures, Foreclosures, Short-Sales, a lowering of US real estate prices, and an increase in Shadow Inventory. To put mortgage delinquency rates ...

Shadow Inventory 2011

By admin, June 14, 2011 3:16 pm
Shadow Inventory 2

What is Shadow Inventory? Shadow Inventory can be simply defined as the number of homes that would be listed for sale if there was not as much competition in the current market.  The term "shadow" is used, because the true shadow inventory numbers are almost impossible to quantify and always loom over the real estate market.     Homes that ...

Real Estate Market 2011 Statistics

By admin, June 13, 2011 7:41 pm
Real Estate Sales Statistics 2011

It is important to understand the macro...as well as micro...economic environment, before you buy a home in today's real estate market.  Below are some interesting datapoints from CoreLogic. As you will see, the total Real Estate sales have been broken up into the following: REO Sales Short Sales Distressed Short Sales In early 2011, the REO sales, as a % ...

Foreclosures by State

By admin, June 9, 2011 3:25 am
Foreclosure Rates by State

Foreclosure by State Density Map The supply side of the US Real Estate market can not be accurately gaged by any expert.  The size of shadow inventory continues to be a highly debated variable.  One thing is for certain though, the number of US Foreclosures is contributing to the supply side and, give the current delinquency ...

How To Buy A Foreclosure

By admin, June 1, 2011 10:37 am
How To Buy A Foreclosure

How To Buy A Foreclosure   An Overview of Buying Foreclosures When buying a Foreclosure, there are many pitfalls to avoid.  First and foremost, the buyer must be prepared to do his or her due diligence on each property that is considered.  Types of Foreclosures Buying a foreclosure can occur during three steps in the foreclosure process: Pre-Foreclosure (default) Auction (courthouse steps) Real ...