The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ Cash ’

Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in November

By
Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in November

Economist Tom Lawler sent me the table below of short sales, foreclosures and all cash sales for selected cities in November. On distressed: The total “distressed” share is down year-over-year in all of these markets. Short sales and foreclosures are mostly down in these areas. The All Cash Share (last two columns) is mostly declining year-over-year....
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in June

By
Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in June

Economist Tom Lawler sent me an updated table below of short sales, foreclosures and cash buyers for selected cities in June. On distressed: Total “distressed” share is down in most of these markets mostly due to a decline in short sales (Baltimore is up because of an increase in foreclosures). Short sales are down...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in May

By
Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in May

Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to increase to 273 thousand from 267 thousand. • At 8:30 AM, Personal Income and Outlays for May. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal...
Read more »

Tags: , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in April

By
Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in April

Economist Tom Lawler sent me the preliminary table below of short sales, foreclosures and cash buyers for a few selected cities in April. On distressed: Total “distressed” share is down in most of these markets mostly due to a decline in short sales (Mid-Atlantic is up year-over-year because of an increase in foreclosures in...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in March

By
Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in March

Friday:• At 8:30 AM ET, the Consumer Price Index for March from the BLS. The consensus is for a 0.3% increase in prices, and a 0.2% increase in core CPI. • At 10:00 AM, University of Michigan’s Consumer sentiment index (preliminary for April). The consensus is for a reading of 93.7, up from 93.0...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Phoenix Real Estate in October: Sales up 2%, Cash Sales down Sharply, Inventory up only 6%

By
Phoenix Real Estate in October: Sales up 2%, Cash Sales down Sharply, Inventory up only 6%

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.  These key markets hopefully show us changes in trends for sales and inventory. The Arizona Regional Multiple Listing Service (ARMLS) reports (table below): 1) Overall sales in October were up 2.5% year-over-year.  Note:...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

By
Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

Economist Tom Lawler sent me the preliminary table below of short sales, foreclosures and cash buyers for several selected cities in June. Comments from CR: Tom Lawler has been sending me this table every month for several years. I think it is very useful for looking at the trend for distressed sales and cash buyers...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Las Vegas Real Estate in May: Year-over-year Non-contingent Inventory Doubles, Distressed Sales and Cash Buying down sharply

By
Las Vegas Real Estate in May: Year-over-year Non-contingent Inventory Doubles, Distressed Sales and Cash Buying down sharply

This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Southern Nevada home prices rebound in May, GLVAR reports According to GLVAR, the total number of existing local homes, condominiums and...
Read more »

Tags: , , , , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Phoenix Real Estate in April: Sales down 12%, Cash Sales down 33%, Inventory up 49%

By
Phoenix Real Estate in April: Sales down 12%, Cash Sales down 33%, Inventory up 49%

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying. The Arizona Regional Multiple Listing Service (ARMLS) reports (table below): 1) Overall sales in April were down 12% year-over-year and at the lowest level since April 2008. 2) Cash Sales (frequently investors) were...
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Housing: Increase in Cash Buyers

By
Housing: Increase in Cash Buyers

From Mitra Kalita at the WSJ: Cash Buyers Lift Housing Cash buyers represented more than half of all transactions in the Miami-Fort Lauderdale area last year … In the fourth quarter of 2006, they represented just 13% of deals. … The percentage of buyers in Phoenix paying cash hit 42% in 2010—more than triple...
Read more »

Tags: , , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics