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Pending Sales Rise 5.2% in July

Octavion — Thu, 02 Sep 2010 15:20:00 GMT

Pending Sales Rise 5.2% in July Reuters via Yahoo, September 1, 2010 Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming...(read more)

July 2010 U.S. Foreclosure Heat Map

darenb — Wed, 01 Sep 2010 16:29:00 GMT

Here's a heat map showing foreclosure activity in July nationwide, broken down by county. In July we saw a continued pattern of declining defaults even while bank repossessions (REOs) continued to climb from a year ago. Read full July report....(read more)

Widespread Fear Freezes Housing Market

Octavion — Wed, 01 Sep 2010 15:02:00 GMT

Widespread Fear Freezes Housing Market New York Times, August 30, 2010 You have to wonder sometimes what they’re smoking over there at the National Association of Realtors. On Tuesday, the self-proclaimed “voice for real estate” released...(read more)

OC ‘Housewife’ Alexis Bellino Dodges Default

Octavion — Tue, 31 Aug 2010 22:24:00 GMT

Everyone has taken a hit in the Great Recession. Even the rich — and the not so rich. Now comes word that James and Alexis Bellino , the newest cast members of Bravo’s “ The Real Housewives of Orange County, ” recently defaulted...(read more)

U.S. Home Prices Rose 1% in June

joelc — Tue, 31 Aug 2010 15:49:00 GMT

U.S. Home Prices Rose 1% in June August 31, 2010 — The New York Times A crucial index on home prices in the United States rose in June, the last month that benefited from a tax credit for home buyers. Don't miss your real estate niche August...(read more)

Finding local foreclosure sales data

darenb — Mon, 30 Aug 2010 20:43:00 GMT

We recently received a question on the RealtyTrac Community about whether it's possible to get average foreclosure sales prices down to the zip code level on RealtyTrac. Well, it certainly is, and since someone was asking about it I'm guessing...(read more)

Economist Shiller Sees Potential for 'Double Dip' Recession

Octavion — Mon, 30 Aug 2010 15:59:00 GMT

Economist Shiller Sees Potential for 'Double Dip' Recession Wall Street Journal, August 28, 2010 With the U.S. economic recovery losing steam, the chances of a second phase of a slowdown are increasing, according to a leading economist. Speaking...(read more)

Mortgage Finance Players Begin to Measure the "Shadow" Shadow Inventory

joelc — Fri, 27 Aug 2010 15:39:00 GMT

Mortgage Finance Players Begin to Measure the "Shadow" Shadow Inventory August 26, 2010 — HousingWire The recent data that shows delinquencies rising, mixed with reports that a lack of borrower equity is one of two major reasons for mortgage...(read more)

Foreclosure backlog, bulldozers force Ohio REO brokers to the suburbs

joelc — Thu, 26 Aug 2010 16:45:00 GMT

Foreclosure backlog, bulldozers force Ohio REO brokers to the suburbs August 25, 2010 — REOInsider New foreclosure filings in the Ohio Supreme Court reached 89,053 in 2009, a 3.8% increase from 2008, but pending foreclosure cases are building at...(read more)

Bank Aid Pushed For Homeowners

joelc — Wed, 25 Aug 2010 15:41:00 GMT

Bank Aid Pushed For Homeowners August 25, 2010 — The Wall Street Journal New York lawmakers are turning up the pressure on banks to speed up the number of mortgage modifications the institutions approve for delinquent borrowers. Plan works against...(read more)