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* SHADOW INVENTORY STATE BY STATE

Month’s Shadow Inventory: State by State

by The KCM Crew on March 29, 2011 · 1 comment

Last week, we reported on the National Association of Realtors’ (NAR) Economists’ Outlook and gave you a map showing the percentage of overall sales that distressed properties represented in each state. Today we want to show you another map from the same NAR outlook. This one shows the number of months shadow inventory by state:
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March 29, 2011 Posted by | Buying, Foreclosures, Selling, Short Sales | , , , , , , | Leave a comment

FEBRUARY PENDING HOME SALES RISE

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FEBRUARY PENDING HOME SALES RISE, posted with vodpod

March 28, 2011 Posted by | Uncategorized | Leave a comment

* DISTRESSED SALES STATE BY STATE

Distressed Sales: State by State

by The KCM Crew on March 23, 2011

We have often written on the impact foreclosures and short sales have on the value of the house next door. The Center for Responsible Lending has done great reporting on the subject. It seems distressed properties will be a challenge we will need to deal with for some time. The National Association of Realtors (NAR) released their Existing Sales Report. The report said:

Distressed homes – sold at discount – accounted for a 39 percent market share in February, up from 37 percent in January and 35 percent in February 2010.

This week, NAR released an Economic Outlook. In the report, they covered the percentage of overall sales that distressed properties represented in each state. Here is a map that accompanied the report: read more

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Behind on payments? Want to sell your home?
If you are interested in a SHORT SALE, contact me for more information.
Sell with dignity, preserve your creditworthiness and start rebuilding your life.
I have helped many homeowners avoid foreclosure.
For more information and a FREE REPORT ON SHORT SALES please call


Barbara Pedersen
Realtor®, Short Sale Specialist
(708) 539-9900

or email:

March 23, 2011 Posted by | Foreclosures, Market Statistics, Short Sales | , , , , , , | Leave a comment

NAR: NATIONAL HOME SALES NOSE DIVE | Home Values Fall to 2002 Levels | Real Estate Insider News

Home prices are falling. One more reason to do a short sale.
Short sales and foreclosures constitute 39% of the market now.

Vodpod videos no longer available.

NAR: National Home Sales Nose Dive | Home Value…, posted with vodpod

 

March 22, 2011 Posted by | Uncategorized | Leave a comment

   

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