Monthly Archives: August 2009

Improving Home Sales Belie Market Reality – WSJ.com

By PAUL VIGNA The housing market has come out of its tailspin, lifted by falling home prices, low mortgage rates and an $8,000 federal tax credit offered to some first-time home buyers. But stability, to say nothing of strength, still … Continue reading

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NOD’s were crazy high this week! NOS’s were up too! check the charts out here.

Wow, can you believe the NOD's? (Notice of defaults) for the week.  Its almost like they saved them up just to dump them on the pile this week.  Trying to clear their desks before school starts.  Not sure what that … Continue reading

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Existing home sales in Ada County sorted by area. Average price, average cumulative days on market, and Price per Sq Ft

Cick here to see full report   http://sites.google.com/a/schrenkerickson.com/acmr/home Jeremy Erickson(208) 991-3606 direct(208) 379-5717 fax Posted via email from Jeremy R Erickson

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Foreclosure related transactions in Ada County amount to 36% in resale numbers compared to 31% Nationally

Download now or preview on posterous Ada County resale market report July 2009.xls (13 KB) Nationally the distressed sales are averaging around 31% of all transactions.  But if you focus in on some of the Florida, California, and Las Vegas … Continue reading

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Notice of Defaults and Notice of Sale's continue their decline in Ada County! Check out the trends!

I am loving what I am seeing in the NOD's and NOS's!, the defaults have been on a 5 week drop, we have come from the 140's down to the 40's (Notice of defaults per week)  The NOS's for the … Continue reading

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Distressed Property Sales Rising Globally

Sent to you via Google Reader Distressed Property Sales Rising Globally The number of countries experiencing an increase in distressed sales of commercial property rose between April and June this year, and the trend looks set to continue into 2010. … Continue reading

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Are you using the Trulia & Zillow apps?

If you have an iPone, and you own real estate or plan on purchasing in the future, you must get these apps! Trulia and Zillow They are free in the app store. They are location based services so they require … Continue reading

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Notice of default and Notice of Sale Lists are updated and ready to view as of 8-12-2009.

Hi everybody I just got the reports on the NOS and NOD Lists for the week.  I am excited to report  that the Notice of Defaults have been on a decline over the past 4 weeks,  I thought that was … Continue reading

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What is a Loan Modification

What is a Loan Modification? A loan modification is much like a mortgage refinance in that the objective is to find you a more affordable mortgage payment for your financial situation. In fact, it is often called a modified refinance. … Continue reading

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Why do banks take so long to approve a short sale?

This question comes up over and over again from Realtors, homeowners and home buyers everywhere I go. A one sentence answer doesn’t exist for this question. If you truly want to know the answer to the question, “why” continue reading. This … Continue reading

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