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This month in real estate – january 2010
Shadow inventory may slow housing recovery
The housing market has shown some signs of life recently. Existing home sales are up, prompting some optimism. But at the same time, an untold number of houses that have yet to hit the market are waiting in the wings. And the bigger that so-called shadow inventory, the further off the housing recovery might be. ‘The Tip Of The Iceberg’ By the official count, about 3.5 million homes are... [Read more]
This Month In Real Estate – December 2009
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate. Read More →
If you don’t buy a house now, you’re either stupid or broke
Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth By Marc Roth. Well, you may not be stupid or broke. Maybe you already have a house and you don’t want to move. Or maybe you’re a Trappist monk and have forsworn all earthly possessions. Or whatever. But if you want to buy a house, now is... [Read more]
U.S. regulators close AmTrust and Tattnall banks
Cleveland, Ohio’s Amtrust Bank was seized by regulators Friday, making it the fourth largest institution to go under in 2009. Five smaller institutions – three in Georgia and one each in Illinois and Virginia – were also shuttered over the weekend. These latest six closings bring the total number of failed banks for the year to 130, and are expected to cost the FDIC’s already-depleted insurance... [Read more]
