Posts Tagged ‘Foreclosures/REOs’Cirios Trends — June 2010In this month’s Cirios Trends: Finding Real Estate Opportunities, check out: The State of the Markets: June 8, 2010 Something isn’t adding up in the market for bank owned homes. Feature: How Much Should I Pay? Tips for buyers not interested in overpaying. Around the Bay: Local News Bites Goings on that move markets. Zip [...] The State of the Markets — June 8, 2010This post first appeared in the June edition of: Cirios Trends: Finding Real Estate Opportunities. There is no ambiguity about the goal of current US government policy when it comes to housing: Prevent home price depreciation at all cost. As such, this month’s State of the Markets was going to discuss shadow inventory, diving into [...] Cirios Trends — May 2010In this month’s Cirios Trends: In Search of Real Estate Opportunities, check out: The State of the Markets: May 5, 2010 Watching as the world wobbles. Feature: What’s in a CDO, anyway? Complex securities bite Goldman Sachs as the SEC closes in. Around the Bay: Local News Bites Goings on that move markets. Zip Code [...] Cirios Trends — February 2010In this month’s Cirios Trends: In Search of Real Estate Opportunities, check out: The State of the Markets: February 2, 2010 A critical crossroads has arrived. Feature: Real Estate Investing with Your IRA Diversify your nest egg. Around the Bay: Local News Bites Goings on that move markets. Zip Code Spotlight – South San Francisco [...] Housing Perspective: April Pending Home SalesThe barrage of positive housing data continued yesterday as April Pending Home Sales — which measure contracts signed for new purchases — jumped 6.7% from a month ago. The index, which is viewed as a leading indicator for future sales, was also up 3.2% from this time last year, according to Bloomberg. Sales continued to [...] Housing Perspective: March Pending Home SalesThe National Association of Realtors, or NAR, released its Pending Home Sales Index today, which showed continued strength in broad housing market data. The report, which measures signed contracts — often viewed as a leading indicator for future sales — came in at 84.6, up from 82.0 last month and the 83.7 reading in March [...] Keepin it Real Estate: The Stabilization FallacyBy ANDREW JEFFERY This post first appeared on Minyanville. Despite recent reports to the contrary, the impending stabilization of the housing market is a myth. While declines in certain markets are coming to an end, real estate, in general, is still in freefall. Last November, amidst a great deal of media fanfare, Fannie Mae (FNM) [...] Keepin’ It Real Estate: Foreclosure Wheel Keeps on TurningBy ANDREW JEFFERY This post first appeared on Minyanville. Despite herculean efforts to stop the foreclosure juggernaut, Americans are still losing their homes at near-record pace. According to RealtyTrac, a firm that sells default data, foreclosure filings rose in February to nearly 300,000, up 6% from the month before. This figure is the third highest [...] Keepin’ It Real Estate: A Real Fix for HousingBy ANDREW JEFFERY This post first appeared on Minyanville. While pundits and politicians debate the various aspects of President Obama’s $275 billion housing bailout, one piece of data proves just how misguided federal efforts to revitalize the housing market are: $275 billion could buy more than half of all American homes already in foreclosure. Such [...] Keepin’ It Real Estate: A Tale of Two MarketsBy ANDREW JEFFERY This post first appeared on Minyanville. Increasingly, US real estate is becoming a tale of 2 markets. In low-income neighborhoods, overbuilt suburbs, and other areas besieged by foreclosures, home sales are through the roof. Data released this week by MDA Dataquick, a real estate information service, show December 2008 sales in Southern California’s [...] California, New York Lend a Hand to Struggling BorrowersThe real estate and mortgage industries are busy battening down the hatches for the inevitable tidal wave of regulatory reform. Meanwhile, Housingwire.com reports government officials are already hard at work trying to outdo each other as the protector of the “everyday common household victim” of our “national crisis.” Two illustrative examples of regulatory restructuring have [...] |