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Tag Archives: short sales

Realities of Real Estate: Long view on short sales: Experience counts (access required)

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.

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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 ...

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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 ...

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August home starts hit a three-month low

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 ...

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Investors drove home sales up 3.7 pct. in March

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 ...

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