While housing data remained gloomy for years, CoreLogic believes the segment is seeing sparks of hope with REO sales dropping, inventory levels declining and the nation's foreclosure inventory slowing.
"This continuing shrinkage in excess vacant stock is important because it means that in most markets the REO homes on the for-sale market are not competing with an oversized vacant housing inventory," the GSE asserted in its report.
Designers prune. Left to its own devices, the mob will augment, accessorize, spam, degrade and noisify whatever they have access to, until it loses beauty and function and becomes something else. The tragedy of the design commons.
Fannie Mae reported its first consecutive quarterly gain in five years. And after making its dividend payments in June, the GSE has some leftover profits. According to its CFO, that money isn't going to be wasted.
The nation's declining foreclosure activity levels are attributed to a 21% year-over-year drop in bank repossessions and REOs, according to the Irvine, Calif.-based research firm. Still, RealtyTrac says 27 states saw starts increase year-over-year.
WASHINGTON (Reuters) - U.S.home prices are inching up as an ebbing tide of foreclosures creates a shortage of properties at a time of pent-up demand, but do not expect the housing market recovery to shift...
This is no science-fiction movie or UFO hoax: It's a real picture of the heat shield falling away from NASA's Mars Curiosity rover, snapped by a camera on the rover's underside just a couple of minutes before Sunday night's landing.
HomeFinder.com climbs back onto Experian Hitwise list. There was much jockeying for position but only one new entry, HomeFinder.com, for July on a list of top 20 real estate websites maintained by Web metrics firm Experian Hitwise.
My car informs me that I've been averaging 26 mph over the last month. Much lower than I would have guessed. It's low not because we don't drive on the highway, it's low because there's also a lot of time...