Monthly Archives: October 2013

Americans lose a little bit of their love for real estate

Posted on October 8, 2013 by grim

From Housingwire: Consumers ease off housing recovery gas pedal Although consumers continue to remain relatively upbeat, their attitudes around housing may have hit a brick wall, decreasing over the past three months. Americans tempered their optimism toward the housing market … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 105 Comments

On the cusp of a remodeling boom?

Posted on October 7, 2013 by grim

From HousingWire: Homeowners with more equity want to improve their homes Homeowners are watching their home equity levels rise, but tapping into this pool of home equity to finance remodeling projects remains difficult in today’s lending environment. While the hope … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 72 Comments

Zombie invasion reaches NJ

Posted on October 4, 2013 by grim

From the Star Ledger: Half of foreclosed homes in New Jersey have ‘vampires’ living in them One of every two New Jersey homes that has gone through foreclosure and is now owned by a bank still has its previous owners … Continue reading →

Posted in Foreclosures, New Jersey Real Estate | 181 Comments

First Zombies – Now Vampires – It must be Halloween

Posted on October 3, 2013 by grim

From Marketwatch: ‘Vampire’ foreclosures are what’s keeping bank inventory high, analyst says As if rising mortgage rates aren’t scary enough, analysts have identified a lurking threat to housing: “vampire” properties. These “vampire” properties are bank-owned foreclosed homes in which prior … Continue reading →

Posted in Foreclosures, National Real Estate | 177 Comments

CoreLogic: Home prices up 12.4% in August

Posted on October 2, 2013 by grim

From MarketWatch: Home-price growth fastest in more than seven years Home-price growth accelerated to the fastest pace in more than seven years, showing gains across the country, according to a report released Tuesday. Home prices, including distressed sales, rose about … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 159 Comments

Contracts in NJ still rising

Posted on October 1, 2013 by grim

From the Otteau Group: Home Sales Still Rising Despite Rising Rates Home purchase contracts recorded their fifth consecutive double digit-increase in August despite recent increases in mortgage interest rates with an 11% rise compared to one year ago (YOY). Considering … Continue reading →

Posted in Housing Recovery, New Jersey Real Estate | 135 Comments