March Pending Home Sales Rise, Market Recovering

Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when it was 89.9. The data reflects contracts but not [...]

March Pending Home Sales Rise, Market Recovering

Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when it was 89.9. The data reflects contracts but not [...]

Chicago Homes Sales Moving Up

Illinois recorded an eighth consecutive month of year-over-year increases in home sales, according to data released today by the Illinois Association of [...]

Foreclosure Activity Finally Slowing Down

The number of completed foreclosures fell 13% year-over-year in January, suggesting an overall slowdown in default activity, CoreLogic said [...]

Наръчник на измамника

Как работи най-често имотната мафия
За разлика от други престъпления имотните измами стават по отдавна познати механизми. В-к „Капитал“ разказва за някои от тях. „Няма нищо ново в този бизнес“, коментира инспектор Георги Хаджиев от СДВР и допълва, че някои за имотни измами не са възможни заради законодателни промени (като тази с неистинската запис на заповед), но мястото се заема от нови и нови способи.Всички тези схеми са възможни заради действия или бездействия на държавни институции. Разказваме ме ги чрез съвсем истински случаи – сменили сме имената, доколкото става дума за [...]

3-годишна виза при покупка на жилище в САЩ

Предстои внасянето на законопроект в Сената на САЩ, който предвижда 3-годишна американска виза за чужденци, които закупят жилище в страната.
Условието е, недвижимата собственост да е на стойност не по-малко 500 хил. долара. Целта на законопроекта е да се стимулира строителството в САЩ, което, наред с останалите сфери на бизнеса, също бе ударено от кризата. Негови автори са сенаторът републиканец Майк Лий и колегата му демократ Чарс Шумър. Законопроектът предвижда и вариант при инвестиция за покупка на жилище в размер на 250 хил. долара – в този случай купувачът чужденец трябва [...]

September Illinois Home Sales Up 13.5% from a Year Ago. Statewide Median Price at $136,850

FOR IMMEDIATE RELEASE: October 20, 2011
SPRINGFIELD, Ill. — According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in September 2011 totaled 9,182 homes sold, up 13.5 % from 8,088 home sales in September 2010. The statewide median price in September was $136,850, down 5.6 %  from $145,000 in September 2010. The median is a typical market price where half the homes sold for more, half sold for less.
“The housing market is showing some positive signs in terms of sales volume, yet [...]

August Illinois Home Sales Up 25.9 Percent from a Year Ago

SPRINGFIELD, Ill. — According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in August 2011 totaled 10,622 homes sold, up 25.9 percent from 8,434 home sales in August 2010. The statewide median price in August was $149,000, down 5.4 percent from $157,500 in August 2010. The median is a typical market price where half the homes sold for more, half sold for less.
“Housing sales in Illinois and the nine-county Chicago region increased in August and positive year-to-year changes [...]

29% drop in first-half Illinois foreclosures deceptive

Foreclosure activity in Illinois for 2011’s first six months fell 29 percent on a year-over-year basis but mortgage servicers ramped up their activity in June, RealtyTrac reported Thursday.
In Illinois last month, 6,541 homes received initial foreclosure filings, while another 1,944 properties were scheduled for court-ordered auctions and 2,529 properties were repossessed by lenders, the company said in its monthly report. Altogether, foreclosure activity in June rose 4 percent from May but was still down 25 percent from a year earlier.
Processing delays that resulted from foreclosure moratoriums while servicers investigated their [...]

29% drop in first-half Illinois foreclosures deceptive

Foreclosure activity in Illinois for 2011’s first six months fell 29 percent on a year-over-year basis but mortgage servicers ramped up their activity in June, RealtyTrac reported Thursday.
In Illinois last month, 6,541 homes received initial foreclosure filings, while another 1,944 properties were scheduled for court-ordered auctions and 2,529 properties were repossessed by lenders, the company said in its monthly report. Altogether, foreclosure activity in June rose 4 percent from May but was still down 25 percent from a year earlier.
Processing delays that resulted from foreclosure moratoriums while servicers investigated their [...]