Shadow Inventory Down 28 Percent from 2010 Peak

RISMEDIA, Saturday, March 30, 2013— CoreLogic (CLGX), a leading residential property information, analytics and services provider, reported recently that the overall shadow inventory is down 28 percent from its peak in January 2010, when it reached 3 million homes. Current residential shadow inventory as of January 2013 was at 2.2 … Continue reading

Freddie Says: Mortgage Rates Steady

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates largely holding steady from the previous week, remaining near their 65-year record lows, and continuing to provide support for the housing recovery. Results showed that the 30-year fixed-rate mortgage (FRM) averaged 3.52 … Continue reading

Another sign of a building economy: Spec homes back on Collier, Lee market

By LAURA LAYDEN | Sunday, February 17, 2013 NAPLES — Builders in the Naples market are investing millions in houses with no buyers.With the housing market on the rebound, the speculative, or so called “spec” market has made a comeback, especially in areas near the water such as Port Royal, Aqualane … Continue reading

Florida’s Housing Market Continues Upswing in November 2012

“Closed sales, pending sales, median prices and average prices rose in Florida’s housing market in November, while the inventory of homes and condos for sale shrunk, according to the latest housing data released by Florida REALTORS®. “The sizzle is back,” said 2012 Florida REALTORS® President Summer Greene, describing the state … Continue reading