by Phyllis Rockower | May 13, 2015 | Uncategorized
Cash sales differ in different states according to corelogic. “Cash continues to be a major factor in sales of real estate-owned (REO) properties at 59.8 percent but those sales themselves are shrinking, down to 9.7 percent in February, so have a dwindling...
by Phyllis Rockower | May 6, 2015 | Uncategorized
Nationwide home prices are now within 10 percent of their pre-crash peaks and seven states have surpassed those peaks, according to Corelogic, Nationwide home prices are now within 10 percent of their pre-crash peaks and seven states have surpassed those peaks...
by Phyllis Rockower | May 2, 2015 | Uncategorized
Pending home sales or PHSI The PHSI is a leading indicator based on executed home purchase contracts. These contracts are generally expected to be reflected in residential sales in about two months. Lawrence Yun, NAR chief economist, said the encouraging pending sales...
by Phyllis Rockower | May 1, 2015 | Uncategorized
Boomerang buyers are those nearly 7.3 million who lost their homes to foreclosure or short sale between 2007 and 2014,according to RealtyTrac data. .There are now about half a million homeowners who lost their homes who are moving...
by Phyllis Rockower | Apr 28, 2015 | Uncategorized
RENTS CONTINUE TO GO UP Homeownership rate in the first quarter was highest in the Midwest at 68.6 percent and lowest in the West at 58.5 percent. That’s because our rents are so high compared to other areas. If you own a rental property you are doing well....
