Look at Case-Shiller Numbers, by Metro Area Wall Street Journal January 27, 2009 The S&P/Case-Shiller home-price index, a closely watched gauge of U.S. home prices, showed accelerating price declines. Obstacles Delay REO Sales Inman News January 27, 2009 This is the second installment in a two-part...
When the British rock band The Clash penned their only number-one single “Should I Stay Or Should I Go” in 1981 for their album Combat Rock, they never imaged the song would have serious implications for the 2009 U.S. housing market. Today, many struggling homeowners, drowning under the strain...
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. Today, approximately 10 percent of the listed properties are short sales. That...