Short Sale News

According to a recent report of home price indexes, the Denver area saw an increase in home prices for February 2012 when compared to February of 2011. This increase of a little over 1% includes distressed properties (foreclosures and short sales). A short sale is when the bank allows the...

Residents of San Diego county have some good news coming their way: for the month of February the number of foreclosures was the lowest it has been in four plus years, despite the number of delinquent home loans being higher than it was before the recession. For the month of...

Las Vegas now has more renters than homeowners, despite the fact that it’s much cheaper to own a home than to rent one. Homeownership in Las Vegas has decreased to less than half of all individuals residing there; the number was highest back in 2000 when 64% of all people...

Some homeowners in the Las Vegas area are worried that home prices could increase as much as 10% in the next few months as the number of homes on inventory decreases. According to a report showcasing numbers from February, the number of homes for sale in the Las Vegas area...

A continual decline in the San Diego housing market is one of the key things keeping the economy from fully recovering in that area. Up to 50% of all homeowners in San Diego may be underwater, meaning they owe more on their homes than what they are actually worth. While...

For the month of February, the report on prices for resale homes in the San Diego area was a bit mixed. Prices per square foot on single family homes was up by 2%, yet on condominiums it was down 4%. When the price per square foot on single family homes...

Despite the fact that home prices are decreasing nationwide, Denver is going against the grain, showing an increase in home prices compared to the same months in the previous year. These numbers include resales of single-family homes and condominiums. In the Denver area, home prices increased 1% in January 2012...

February was a great month for the San Diego real estate market as a large number of homes priced under $300,000 were sold. This increase in home sales is the highest it’s been in the past five years and can be credited to an increase in cash buyers and investors....

The housing market in the Denver area followed it’s typical seasonal decline in January, which was expected, but monthly sales of new and resale properties were still the highest they have been in the past four years for the month of January. In the month of January, approximately 2500 properties...

For the fourth month in a row average sale prices for homes in the Las Vegas area stayed the same at right under $120,000. This is approximately 7% lower than what it was in December 2010 and also marks almost a year and a half in which the average price...