November 2011

The Wealthy Are Also Defaulting on Their Mortgages

November 30, 2011

There are many who believe that mortgage delinquencies in their region are concentrated in the middle-to-lower income neighborhoods. Actually, the research shows the number of delinquencies in the higher priced sections are currently exceeding the percentages in less affluent areas. The most recent Mortgage Monitor issued by LPS reports that the largest increase in both [...]

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Home Sales Increase Across the Country

November 29, 2011

The National Association of Realtors recently released their 2011 3rd Quarter Housing Report. In the report, they showed that combined sales of single family homes, condos and co-ops increased in EVERY state as compared to the 3rd quarter of last year. Here are the state-by-state numbers.   The next time someone says houses aren’t selling, ask them [...]

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Rent or Buy? The Research Is In!!

November 28, 2011

Today, we are again honored to have Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing Research as our guest blogger. To view other research from FIU, visit http://realestate.fiu.edu/. Dr. Johnson was one of the top speakers at NAR’s Conference and Expo in Anaheim earlier this month. He is sharing his presentation with us [...]

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Have a Great Holiday

November 24, 2011

Have a great holiday! See you Monday. Share

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Understanding the Impact of Shadow Inventory

November 23, 2011

Standard & Poors released their Third Quarter 2011 Shadow Inventory Update yesterday. We want to cover the basic points of the report today. What is shadow inventory? It is an inventory of houses that will come to market as a distressed properties at a discounted price. Each of the data companies define shadow inventory in slightly [...]

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Why You Need an Expert – Part II

November 22, 2011

Yesterday, we explained that having someone who truly knows the market was crucial if you were planning to buy or sell a home today. This expert should know what is happening in real estate, understand why it is happening and be able to simply and effectively explain each point to you and your family.  Today, [...]

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