April 26, 2011 (Jeff Alan) Nearly half of the homes on the housing market are now distressed properties according to the latest HousingPulse Distressed Property Index (DPI) report released by Campbell/Inside Mortgage Finance as part of the HousingPulse Tracking Survey. The DPI rose to 48.6 percent in March, the second highest level seen in the [...]
March 22, 2011 (Jeff Alan) Distressed property home purchase transactions dipped in the month of February to 47.3 percent from 49.6 percent in January according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, but it was not likely the result of a healing housing market. Read more...
January 4 2011 (Chris Moore) When foreclosures and Real Estate Owned (REO) properties enter the housing market, they transition from what is known as the shadow inventory into the visible inventory. Shadow inventory is usually defined as homes that are seriously delinquent (90 days or more), in foreclosure and real estate owned by lenders and [...]
November 23 2010 (Chris Moore) The foreclosure mess has caused a noticeable dip in the number of transactions involving REO’s and distressed properties. In October, distressed properties accounted for 44.3 percent of transactions tracked, down from 47.5 percent in September. Read more...
November 12 2010 (Chris Moore) Depending on if you’re a “the glass is half full” or a “the glass is half empty” type of person is pretty much how you would sum up home prices for the third quarter of 2010. According to the National Association of Realtors (NAR), compared to the same period last [...]
