Artwork

İçerik Karla Ferrando tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Karla Ferrando veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
Player FM - Podcast Uygulaması
Player FM uygulamasıyla çevrimdışı Player FM !

Reviewing the Foreclosure Market

 
Paylaş
 

Manage episode 168231582 series 1326764
İçerik Karla Ferrando tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Karla Ferrando veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
Looking to sell your Home? Get a FREE home value report
Looking to buy a Home? Search all homes for sale

Recently there has been a lot of talk about the size of the foreclosure inventory nationwide. There has been some speculation that distressed property inventory (or “shadow inventory”) is about to skyrocket. Today I’d like to reveal what’s actually taking place in this segment of the housing market.
In their most recent national foreclosure report, CoreLogic reported that foreclosure inventory has decreased by 23.2% since this time last year. Foreclosure inventory has also decreased in 49 of the 50 states, and 45 states have posted a year over year double-digit decline. It appears, therefore, that there is no shadow inventory or threat of a high foreclosure market in the near future.
The worst of the foreclosure market crisis is in our rear view mirror.

The report also shows that the seriously delinquent rate, which refers to homeowners more than 90 days behind on their mortgage payment, is 3.1% - the lowest level since November of 2007. The foreclosure rate is 1.1%, which is also the lowest level since Nov. 2007. This was the 53rd consecutive month that showed a decline in the foreclosure rate.
The bottom line is that though foreclosures do remain in the market, the number is dramatically decreasing. The fact that mortgage delinquency rates are also decreasing means the worst of the foreclosure market crisis is in our rear view mirror.
If you or anyone you know is thinking of buying or selling a home, have them call or email me for a free real estate consultation. Thanks again, and make it a great day.

  continue reading

9 bölüm

Artwork
iconPaylaş
 
Manage episode 168231582 series 1326764
İçerik Karla Ferrando tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Karla Ferrando veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
Looking to sell your Home? Get a FREE home value report
Looking to buy a Home? Search all homes for sale

Recently there has been a lot of talk about the size of the foreclosure inventory nationwide. There has been some speculation that distressed property inventory (or “shadow inventory”) is about to skyrocket. Today I’d like to reveal what’s actually taking place in this segment of the housing market.
In their most recent national foreclosure report, CoreLogic reported that foreclosure inventory has decreased by 23.2% since this time last year. Foreclosure inventory has also decreased in 49 of the 50 states, and 45 states have posted a year over year double-digit decline. It appears, therefore, that there is no shadow inventory or threat of a high foreclosure market in the near future.
The worst of the foreclosure market crisis is in our rear view mirror.

The report also shows that the seriously delinquent rate, which refers to homeowners more than 90 days behind on their mortgage payment, is 3.1% - the lowest level since November of 2007. The foreclosure rate is 1.1%, which is also the lowest level since Nov. 2007. This was the 53rd consecutive month that showed a decline in the foreclosure rate.
The bottom line is that though foreclosures do remain in the market, the number is dramatically decreasing. The fact that mortgage delinquency rates are also decreasing means the worst of the foreclosure market crisis is in our rear view mirror.
If you or anyone you know is thinking of buying or selling a home, have them call or email me for a free real estate consultation. Thanks again, and make it a great day.

  continue reading

9 bölüm

Tüm bölümler

×
 
Loading …

Player FM'e Hoş Geldiniz!

Player FM şu anda sizin için internetteki yüksek kalitedeki podcast'leri arıyor. En iyi podcast uygulaması ve Android, iPhone ve internet üzerinde çalışıyor. Aboneliklerinizi cihazlar arasında eş zamanlamak için üye olun.

 

Hızlı referans rehberi