Housing Shows Stabilization

By Mike Colpitts More than four years after beginning its downturn, many housing markets are stabilizing. Stabilization is key and the first step in the recovery process as markets settle from the worst housing crash since the Great Depression. The long-running housing depression is far from over, but there are more indications that stabilization is… Continue reading Housing Shows Stabilization

New Record in Foreclosures Set

The foreclosure epidemic reached a new milestone in July setting another record, according to the RealtyTrac monthly report. Foreclosure filings were reported on 360,149 properties nationwide, rising 32% from one year ago. “July marks the third time in the last five months where we’ve seen a new record set for foreclosure activity,” said James J.… Continue reading New Record in Foreclosures Set

Arizona Housing Market Predictions

Let’s take a look at the Arizona housing market and what you can expect from it in the coming year. Housing markets can be unpredictable. One year, it’s a buyer’s market. The next, it could be a seller’s market. One thing that’s guaranteed about the property is that nothing is guaranteed. While you can never… Continue reading Arizona Housing Market Predictions

2016 Arizona Housing Market and Real Estate Predictions

Source: Trulia These bold, lavish scenes are available to home owners in the Phoenix AZ real estate market

Arizona, the Grand Canyon State, is the 48th state to become part of the United States. A size of 113,990 square miles makes it the sixth largest state by size. A population of 6,410,979 places Arizona 14th in population in the United States. Arizona is known for warm, sunny weather throughout the year. The state’s… Continue reading 2016 Arizona Housing Market and Real Estate Predictions

2015 Arizona Housing Market Predictions

Source: Realtor.com Check out Beautiful Real Estate like this in the Phoenix AZ real estate

Once the epitomic example of the housing market crash, the Arizona housing market is now one of the stronger markets in the country. Increases in home construction and sales can be seen throughout the state. Most representative of the health of the Arizona real estate market is Phoenix, which has made a complete roundabout. Instead… Continue reading 2015 Arizona Housing Market Predictions

The Best Real Estate Markets 2013

When considering which real estate markets are the best, it is wise to look at home sales among other aspects as this number often reveals a thriving real estate market. Below is a list of the top 25 real estate markets in America today from the least to the greatest: Oklahoma City, Oklahoma: According to… Continue reading The Best Real Estate Markets 2013

70 US Cities Forecast with Higher Home Prices

By Mike Colpitts Nearly mid-way through the year 70 U.S. cities housing markets are forecast to recover in 2012, and some of them are already making successful inroads on their way with appreciating home prices. The cities include five that were forecast by Housing Predictor at the beginning of the year to appreciate in value,… Continue reading 70 US Cities Forecast with Higher Home Prices

Foreclosures Rise 18%

The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The… Continue reading Foreclosures Rise 18%

Bulk Government Foreclosure Sales Start

By Mike Colpitts The U.S. government is starting to sell-off its massive over-supply of foreclosed homes to investment equity firms at major discounts in a controversial trial program that could result in the future sale of hundreds of thousands of similar homes for pennies on the dollar. The Federal Housing Finance Agency (FHFA) announced the… Continue reading Bulk Government Foreclosure Sales Start