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Foreclosures are Still a Big Part of the Real Estate Market
Foreclosed homes. Bank owned homes. Remember them? They aren’t talked about as much any more but they are still out there and they still have the ability to affect the real estate market. RealtyTrac’s first quarter analysis of foreclosure inventory shows that there are still 1.5 million properties actively [… Read More]
Mixed Signals for Housing Market, Part 1
Whether you are an optimist or a pessimist about the housing market there is plenty of data available to support your position. During my search for what to write about today I came across a number of articles supporting a recovery in the housing market and an equal number of articles suggesting we aren’t out of [… Read More]
More Foreclosed Homes in Bend’s Future?
Where are we at with this whole foreclosure mess? That seems to be the million dollar question lately. Last year (2011) we saw a 39 percent reduction in the number of foreclosure filings in Oregon from 2010 which for now has been the peak year of foreclosure activity. So does that mean we are out [… Read More]
More Homes in Short Sale
A week ago I wrote about a Bank of America program designed to encourage short sales in Florida. Programs such as this signify a shift in banks’ approach to short sales and foreclosures. RealtyTrac reports that the number of short sales approved by banks rose in the second quarter of this year while the length [… Read More]
