It Could Be Better Times for BOTH Sellers & Buyers this Fall....
If you have been waiting for a sign to sell...or to buy......the reputable report
of CorLogic is predicting stability for this Fall....finally!
What does this mean to YOU?? It all depends, of course, on your financial
situation and your goals.
No one can tell us what will happen exactly.
However, it is helpful to have economists who do the research and help us
make informed decisions.
We would like to hear YOUR thoughts.......
CoreLogic Releases August MarketPulse Report
—Housing Market Showing Positive Signs Despite Overall Sluggish Economic Expectations—
Key findings in the August MarketPulse Report include:
This fall, the housing market may avoid the slide that has occurred each of the
last three years because of an improving balance between supply and demand,
declining REO sale shares and a slowly declining foreclosure inventory.
A lower likelihood of foreclosures flooding the housing market is beneficial
because the market is more likely to absorb the inventory without dramatic
changes in price.
Many borrowers in both the boom and “rust-belt” markets lack the means to
prevent serious delinquency due to their limited ability to refinance at a lower
mortgage interest rate. Policies designed to offer options for borrowers to lower
their interest rates further can help decrease the flow of future delinquencies.
The current share of non-distressed sales is at its highest level since August
2008, positively impacting home prices, and is a sign of real improvement in the
housing market.
CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today released its AugustMarketPulse report. The monthly economic publication provides insight into the current and future health of the U.S. economy with emphasis on housing and mortgage metrics. CoreLogic Chief Economist Mark Fleming and Senior Economist Sam Khater, along with colleagues from the Economics team, authored the articles.
I am here to Serve YOU ... and I Care! Call and Say HI ... 508-479-9833
marysold@gmail.com
Mary Condon, Broker of Peoples Choice 4 Real Estate
