Maryland Daily Record » short sales http://thedailyrecord.com Maryland's trusted source for business and legal news Fri, 24 May 2013 21:04:36 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Realities of Real Estate: Long view on short sales: Experience counts  http://thedailyrecord.com/2013/02/18/bob-and-donna-mcwilliams-long-view-on-short-sales-experience-counts/ http://thedailyrecord.com/2013/02/18/bob-and-donna-mcwilliams-long-view-on-short-sales-experience-counts/#comments Tue, 19 Feb 2013 03:59:10 +0000 Bob and Donna McWilliams http://thedailyrecord.com/?p=233870 (access required)&via=&related=DolcePixel"> In last week’s column, we talked about short sales and foreclosures, or together what’s commonly referred to as distressed sales. Although the volume of these transactions is thankfully declining, they still represent a significant number of home sales. During 2012, more than half of all the properties sold in Prince George’s County were either a foreclosure or short sale; in Baltimore city, it was one in three. ]]> http://thedailyrecord.com/2013/02/18/bob-and-donna-mcwilliams-long-view-on-short-sales-experience-counts/feed/ 0 Sales of foreclosure homes rose in 1st quarter http://thedailyrecord.com/2012/05/31/sales-of-bank-owned-homes-fell-in-1st-quarter/ http://thedailyrecord.com/2012/05/31/sales-of-bank-owned-homes-fell-in-1st-quarter/#comments Thu, 31 May 2012 12:41:37 +0000 Associated Press http://thedailyrecord.com/?p=216356 LOS ANGELES — Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell. The increase was driven by a spike in short sales, or homes that sell for less than what the owner owed on their mortgage, [...] ]]> http://thedailyrecord.com/2012/05/31/sales-of-bank-owned-homes-fell-in-1st-quarter/feed/ 0 Fewer foreclosure sales in Maryland than in U.S.  http://thedailyrecord.com/2012/03/01/foreclosure-sales-rise-in-fourth-quarter/ http://thedailyrecord.com/2012/03/01/foreclosure-sales-rise-in-fourth-quarter/#comments Thu, 01 Mar 2012 19:28:33 +0000 Maria Zilberman http://thedailyrecord.com/2012/03/01/foreclosure-sales-rise-in-fourth-quarter/ (access required)&via=&related=DolcePixel"> Homes that were in some stage of foreclosure or bank-owned accounted for 24 percent of fourth-quarter sales in the country, a 4 percentage point increase from the previous quarter, but down 2 percentage points from the corresponding period last year, new data show. In Maryland, though, only 12 percent of fourth quarter sales were in [...] ]]> http://thedailyrecord.com/2012/03/01/foreclosure-sales-rise-in-fourth-quarter/feed/ 0 New-home sales up in November but 2011 figures dismal http://thedailyrecord.com/2011/12/23/new-home-sales-up-in-november-but-2011-figures-dismal/ http://thedailyrecord.com/2011/12/23/new-home-sales-up-in-november-but-2011-figures-dismal/#comments Fri, 23 Dec 2011 15:22:40 +0000 Associated Press http://thedailyrecord.com/2011/12/23/new-home-sales-up-in-november-but-2011-figures-dismal/ WASHINGTON — Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 315,000. That’s less than half the 700,000 new homes that economists say should [...] ]]> http://thedailyrecord.com/2011/12/23/new-home-sales-up-in-november-but-2011-figures-dismal/feed/ 0 Housing starts and permits surge; levels still low http://thedailyrecord.com/2011/12/20/housing-starts-and-permits-surge-levels-still-low/ http://thedailyrecord.com/2011/12/20/housing-starts-and-permits-surge-levels-still-low/#comments Tue, 20 Dec 2011 16:20:09 +0000 Associated Press http://thedailyrecord.com/2011/12/20/housing-starts-and-permits-surge-levels-still-low/ WASHINGTON — A surge in apartment construction gave home builders more work in November. And permits, a gauge of future construction, rose largely because of a jump in apartment permits. Some analysts say the gains, though coming off extremely low levels, suggest the depressed housing industry may have reached a turning point. Economists now say [...] ]]> http://thedailyrecord.com/2011/12/20/housing-starts-and-permits-surge-levels-still-low/feed/ 0 August home starts hit a three-month low http://thedailyrecord.com/2011/09/20/august-home-building-fell-5-pct-slide-continues/ http://thedailyrecord.com/2011/09/20/august-home-building-fell-5-pct-slide-continues/#comments Tue, 20 Sep 2011 13:36:05 +0000 Associated Press http://thedailyrecord.com/2011/09/20/august-home-building-fell-5-pct-slide-continues/ WASHINGTON — Builders broke ground on fewer homes in August, evidence that the housing market remains depressed. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 571,000 homes last month, a 5 percent decline from July and a three-month low. That’s less than half the 1.2 million that economists say is [...] ]]> http://thedailyrecord.com/2011/09/20/august-home-building-fell-5-pct-slide-continues/feed/ 0 Investors drove home sales up 3.7 pct. in March http://thedailyrecord.com/2011/04/20/investors-drove-home-sales-up-3-7-pct-in-march/ http://thedailyrecord.com/2011/04/20/investors-drove-home-sales-up-3-7-pct-in-march/#comments Wed, 20 Apr 2011 14:57:12 +0000 Associated Press http://thedailyrecord.com/?p=197035 WASHINGTON — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But first-time homebuyers, who are crucial to a housing recovery, stayed away. Sales of previously occupied homes rose last month to a seasonally adjusted annual rate of 5.1 million, the National Association of Realtors [...] ]]> http://thedailyrecord.com/2011/04/20/investors-drove-home-sales-up-3-7-pct-in-march/feed/ 0