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The Real Truth behind Today’s Housing Numbers

realpropertycheck.com August 24, 2010

The Real Truth behind Today’s Housing Numbers

Today, the National Association of Realtors reported truly ugly sales of pre-owned homes. The number plunged by 27% to a seasonally adjusted annual rate of 3.83 million, the lowest level since they came up with the first tally over ten years ago. What did they expect? A recovery?

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Filed Under: Buying, Financing, Selling Tagged With: building wealth in real estate, Fannie Mae, Freddie Mac, pre-owned homes

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bankruptcy building wealth in real estate code violations commercial real estate contingency clause deed deed in lieu of foreclosure delinquent loans double-dip Fannie Mae featured FHA foreclosure foreclosures Frank-Dodd bill Freddie Mac GNMA GSEs HAMP HARP home prices homestead IRS junior lien lease option lien loan modifications lot number mortgage mortgage originator no-docs loans notice of commencement phantom profits REO residential robo-signing Robo Gate second liens second mortgage seller financing taxes title company title insurance unsold inventory Zillow

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