Disappearing Shadow Inventory

One broad trend across the country has been a consistent and steady decline in shadow inventory.  There is already a shortage of visible inventory.  So a shorter shadow – those properties with serious mortgage delinquency or in some stage...

Raw Count of Home Sales (March 2015)

Existing home sales rose 6.1 percent in March from one month prior while new home sales fell 11.4 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

National Arbor Day: Trees and the Home Purchase

National Arbor Day is celebrated on April 24th, and is a time to celebrate the importance of trees. For home buyers who recognize their significance, finding a home with features such as being located on a wooded lot, having...

Latest New Home Sales (March 2015)

Contract signings to buy a newly constructed home fell in March from the prior month.  The likely reason is the lack of construction rather than the lack of demand.  The single-family housing starts had been lower in February and...

Foreign Home Buyers: Where and Why?

The top five countries with international buyers purchasing in the United States are Canada, China, India, Mexico, and the United Kingdom. Where and why are they buying? Where Are Foreign Buyers Searching? Information from realtor.com (Omniture Discover) shows the...