Home prices increased 3.6% over the second quarter of this year, after having fallen 4.1% in the first quarter, according to the latest S&P/Case Shiller index released Tuesday. With the second quarter’s data, the national index reading recovered from the double-dip cyclical low hit at the end of the first quarter, but still posted an annual decline…
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1 Million Foreclosures Delayed Until 2012
According to the latest report from RealtyTrac, an estimated 1 million foreclosure-related notices for defaults, auctions, and home repossessions that should be filed by lenders this year will be pushed back until next year. While the delays could give home owners more time to catch up on their payments and try to avoid foreclosure, housing…
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Existing Homes Sales up 10% in September…What Does It Mean For The Market?
According to the National Association of Realtors report today, existing homes sales rebounded strongly in September. Sales were up 10% in September 2010 to a seasonally adjusted annual rate of 4.53 million units, a substantial increase from July's rate of 3.84 million units - a 15 year low. While these numbers are positive, sales have…
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REOs: A Real Estate Investor’s Greatest Opportunity to Grow Real Estate Wealth in Today’s Market Environment
Take advantage of the opportunity presented by the distressed real estate market by investing in REO (Bank Owned) properties.
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Understanding the Market Cycles: Is Now the Time to Buy? Part 1
Is now the time to buy? The answer is yes, but for more reasons than you may think. With news that we are constantly inundated with on a daily basis about the real estate market, how do we decipher fact from fiction? Hype from reality? The fact is much of the information that we receive is delivered…
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