Status of Foreclosures on Single Family Homes

This pie chart clearly shows where we stand as far as the foreclosure market.   National statistics indicate that foreclosure sales will account for 20% of the sales over the next two years.   We are not out of the woods yet, but doing much better than previous years.   This information came from an article posted on Forbes.com titled "Have All The Bad Loans Already Been Foreclosed?"   A great read if you have interest in learning more about the status of foreclosures.

Weekly Real Estate Headlines

This weeks real estate headlines suggest we might be seeing the housing market turn around this year.  The combinations of falling mortgage interest rates, affordable home prices, and climbing rents makes buying a home a smart investment.   Read about these trends and other top housing headlines.


Mortgages Bring Record Savings Over U.S. Rents

Rising Rents Could Signal Housing Market Strength

Property Tax Collections to Start Downward Trend

Home Improvement Hits Multiyear Highs