Short Sales of U.S. Homes on Track to Exceed Foreclosure Deals
Short Sales of U.S. Homes on Track to Exceed Foreclosure Deals
By John Gittelsohn, BloombergBusinessweek, May 31, 2012
Short sales of U.S. homes rose to a three-year high in the first quarter as banks agreed to let more borrowers unload property at a loss, putting the transactions on pace to surpass deals for foreclosures, RealtyTrac Inc. said.
No Foreclosure, But Still a Good Deal: Diary of a Rookie Real Estate Investor
By Joel Cone, Staff Writer, May 30, 2012
Last time we were already in escrow on the condo and counting down the days to Brian’s college graduation.
Foreclosures Push Home Price Index to Post-Crisis Low
By Octavio Nuiry, Staff Writer, May 30, 2012
The latest S&P/Case-Shiller (CSI) home price index for March and RealtyTrac’s foreclosure data show a clear correlation between rising foreclosure activity and home price declines.