Tag Archives: REO

Foreclosure, Short Sales 43% of US Residential Sales in 2012

RealtyTrac® (www.realtytrac.com), released its Q4 and Year-End 2012 U.S. Foreclosure & Short Sales Report™ on February 28th. The report  shows a total of 947,995 U.S. properties in some stage of foreclosure or bank-owned (REO) were sold during the year, a decrease of 6 percent from 2011 and down 11 percent from 2010.  These foreclosure-related sales accounted […]

“What’s Going on in Atlanta???”

I have received a good number of inquiries into the large decline in home prices for Atlanta. According to the latest S&P/Case-Shiller Home Price Indices report, home values in Atlanta fell 5% from September to October and 11.7% from October 2010 to October 2011. Taking a closer look at Fiserv’s real estate transaction data for […]

Fed Puts Push for Housing

Ben Bernanke, chairman of the Federal Reserve, sent an open letter and report to the chairs of the House and Senate Banking, Housing and Urban Affairs Committees urging them to consider additional steps to support housing.  The report argues that housing in the US continues to suffer from excess supply, high rates of foreclosure, limited […]

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