ARCHIVED BLOG POSTS
2013
4
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Those of us who have worked in real estate for more than 20 years know that markets are somewhat cyclical --- prices skyrocket, and they crash --- but there seems to be something very different going on in this market. I just read an article that talked about a new phenomenon --- sellers selling...
01/30/2013
Here’s a breakdown of why inventory has continued to drop this year: Many homeowners are underwater: More than 10 million homeowners owe more on their mortgage than their homes are worth, according to CoreLogic Inc. CLGX -1.27% That pencils out to around 22% of homeowners with a mortgage, or 15% ...
01/23/2013