Sagging Homebuilder Confidence Opens The Door For Good Deals

Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.

Homes For Sale: Isle of Palms, SC

When walking around the island, watch the sky and water for wildlife. Osprey nests can be spied, pelicans soar and dive for their dinner, dolphins frolic, and giant loggerhead sea turtles come ashore to lay their eggs. If you’re lucky, you might see hundreds of baby turtles making a mad dash for the ocean.

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Foreclosure Activity Slows Again In June 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

The Flawed Home Price Index Shows Home Values Up 0.8 Percent

Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion.

Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.

On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.

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