Tobias suggested that we compare the foreclosure counts (NOD, NOTS, & REO of SFRs and condos only) to the number of homes to see the relative impact. The home counts come from city-data. Also included here are the number of active listings of detached and...
Mozart commented this morning: "Like it or not, things are getting better. Home prices and incomes are balanced. Things are still tough but stability is great news. Extremely well qualified buyers are now the norm." "We’ll piddle along for the rest of the year....
The city of Indio has a plan. This is basic common sense. Economists call it broken window syndrome. This from tonight's Nightline.
A good way to track foreclosure activity is to monitor the same four REO listing agents over time. If the flood gates open, they'll be the first to feel it. Here are their numbers today - it looks like we're going backwards: APR 18, 2008 - 467 Actives/247 Pendings =...
