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Posts Tagged ‘ distressed ’

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

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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....
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Lawler on Existing Home Sales, Table of Distressed Sales for Selected Cities in February

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Lawler on Existing Home Sales, Table of Distressed Sales for Selected Cities in February

From housing economist Tom Lawler: NAR: Home Sales “Fizzled” in February: Northeast Estimate “Looks Low” In a report released this morning, the National Association of Realtors estimated that US existing home sales ran at a seasonally adjusted annual rate of 5.08 million in February, down 7.1% from January’s pace and up 2.2% from last...
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Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in June

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

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

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

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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...
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Housing: Appears Inventory build is Slowing in Previous Distressed Markets

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Housing: Appears Inventory build is Slowing in Previous Distressed Markets

Watching existing home “for sale” inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top for housing. And the decrease in inventory eventually helped me correctly call the bottom for house prices in early 2012, see: The Housing Bottom is Here. And at the beginning...
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Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

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

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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...
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Distressed House Sales using Sacramento Data

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Distressed House Sales using Sacramento Data

I’ve been following the Sacramento market to see the change in mix over time (conventional, REOs, and short sales) in a distressed area. The Sacramento Association of REALTORS® started breaking out REOs in May 2008, and short sales in June 2009. As I’ve written before: “I’m not sure what I’m looking for, but I’ll...
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