Anyone who thinks that the issue of robo-signing is the biggest the housing market has to deal with is gravely wrong. Though foreclosure fraud is admittedly something the market does not need at this point, industry insiders and watchers have more to worry about than the investigation regarding foreclosure proceedings. The still weak (perhaps weakening?) economy coupled with high unemployment Read full article »
Tag archives for sales
Increased Home Sales But Depressed Prices
At this point, the housing market just cannot have everything. It has recently registered an increase in home sales but is still fearfully scraping along the bottom, as apparent in subdued prices and the recent scandal on foreclosure fraud. The National Association of Realtors reported a 10% surge in existing home sales for the month of September. The seasonally-adjusted reading for Read full article »
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