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The Market is Heating Up (ABC15 News)

The lower end of the housing market is starting to heat up again. That means we should start seeing a cascade effect moving through the other tiers in the market as well. Related Blogs Related Blogs on ABC15 Related Blogs on Heating Clock Shower Invitations Related Blogs on Market Pediatric Clinic Rockwall

Made an offer on a house about 3 months ago, still waiting…?

Question by Hayden: Made an offer on a house about 3 months ago, still waiting…? We made an offer on a house about 3 months ago (southern california/riverside county).. It is a preforclosure/short sale and the list price is 419,000. We offered 375,000. The real estate agent said that is would take 6-8 weeks possibly, [...]

News Update – July Foreclosures Up 128% Year Over Year

July saw a 128% year-over-year boost in foreclosure filings, 10% higher than in June, from a down job market. “”What’s driving most of the foreclosure activity is unemployment and other types of economic displacement,”” said RealtyTrac senior vice president Rick Sharga. 92858 properties were taken over in July, a bit below May’s peak high of [...]

Would Reid call these recent economic indicators as more “good news” like he did the loss of 36,000 jobs?

Question by Susiepolls2008: Would Reid call these recent economic indicators as more “good news” like he did the loss of 36,000 jobs? On the real estate front, new home sales are collapsing again, existing home sales are also falling sharply and construction activity (both residential and commercial) is sharply down. Durable goods orders are down, [...]

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