NODs and trustee’s deeds: less depressed but still grim
By Bradley Markano • Jan 24th, 2012 • Category: ChartsPast NODs indicate how many foreclosures are yet to come.
Past NODs indicate how many foreclosures are yet to come.
This article introduces the reader to the Real Estate Investment Trust (REIT) and discusses the usefulness of this entity in years to come.
This Market Chart compares the costs and benefits of assorted forms of default insurance demanded by mortgage lenders on loans with LTVs exceeding 80%, and suggests the optimal financing path for homebuyers and their agents.
Employment continued to rise in the month of December, both statewide and in all of California’s largest counties. A total of 242,000 jobs were gained in California over the course of 2011. San Francisco was especially quick to add jobs in 2011, with 3% more jobs in December than one year earlier. Jobs also rose [...]
This article looks at home sales volume through and beyond the current recovery.
This article discusses popular misconceptions about the causes of the 2008 economic crisis, and how ungrounded efficiency-theory economists and very senior policy makers failed to recognize the clear warning signs emanating from Wall Street’s mortgage banking industry.
32,669 new and resale home transactions closed escrow in California during November 2011, up 4% from 31,403 transactions one year ago. November is the fourth consecutive month in 2011 in which home sales volume surpassed the corresponding month in 2010. [For more extensive history and analysis of monthly and annual home sales in California, see [...]
30% of California homeowners owed more on their mortgages in the third quarter of 2011 than their homes were worth, a condition referred to as negative equity. This consists of 2,030,292 homes statewide. [Data courtesy of Corelogic, a data analytics company.] While still high, these numbers represent a downward trend from one year ago, when [...]
Part II of this article series describes the government actions that will be necessary to promote growth in the construction industry, and makes predictions about future builder and homebuyer behavior.
34,087 new and resale home transactions closed escrow in California during October 2011, up 4% from 32,669 transactions one year ago. October is the third consecutive month in 2011 in which home sales volume surpassed the corresponding month in 2010. [For more extensive history and analysis of monthly and annual home sales in California, see [...]