Tag Archives: Foreclosures

People Care Less About Real Estate Now

This isn’t just my opinion. It’s a quantifiable fact. Despite the fact that home prices are basically back to the their 2006-2007 peak, people generally don’t care that much about the housing market. As shown by Google Trends, real estate is trending downwards. “Housing Prices”   “Foreclosures”   “Bay Area Real Estate”   “Real Estate […]

Debunking A Crappy Real Estate Cheerleading Article

Ugh… it REALLY feels like 2003 all over again. Especially with crappy articles like this one getting lots of attention and promotion from real estate agents. The article is titledĀ 10 Signs We’re Not In Another Real Estate Bubble, and it is 100% crap. First off, let’s agree that “bubble” refers to the price of homes, […]

Existing Home Sales Debate: Why I Disagree With Calculated Risk

Today’s Existing Home Sales report from the National Association of Realtors came in below expectations with sales falling roughly 1% from November to December. Most analysts are calling this a disappointing report, but Calculated Risk’s Bill McBride disagrees. Me? I think everyone is wrong. Total existing-home sales, which are completed transactions that include single-family homes, […]

California’s Millionth Foreclosure Sale

In recognition of California’s millionth foreclosure since the housing bubble burst, ForeclosureRadar offers a retrospective look at the foreclosure crisis and how our real estate market will be impacted in 2013. Here are some highlights… Regarding politics and Uncle Sam’s determination to slow or stop foreclosures: As the time to foreclose climbed steadily and the […]

California Foreclosure Activity Continued To Decline in December

California foreclosure filings and sales continued to decline in December. ForeclosureRadar reports: Foreclosure activity continued to decline in December 2012. California Notices of Default were down 14.5 percent from the prior month and down 39.8 percent for the prior year. Foreclosure sales were down 22.3 percent from the prior month and down 47.9 percent from […]

How Foreclosures Work

The Foreclosure Process The foreclosure process is different from state to state. This is how it works in California. Once you are 30-days delinquent on your mortgage payment, your lender has the right to file a Notice of Default. When this notice is filed, the foreclosure process technically begins. Although they can file this “NOD” […]

Why 2013 Is The Year To Buy A House

As we round up the fiscal year 2012 and move into 2013, the next 12 months is showing compelling reasons why would-be home buyers are going to be buying more homes. In the beginning of 2012, the consensus was the real estate market was low, even flat in some parts. In summer 2012, purchase business […]