Archive for October, 2007

Foreclosure, foreclosures everywhere…

According to Irvine-based RealtyTrac Inc., a total of 223,538 foreclosure filings were reported in September, up from 112,210 in the same month a year ago.  However, the number of filings in September was down 8 percent from August’s 243,947, the firm said. 
While I’d like to think this is as bad as things will get, I’m not […]

Pending Home Sales Index Hits Record Low

Well, the real estate market continues to struggle in the midst of the mortgage crisis and falling demand for homes across the country.  According to a recent article (10/02/07) on Yahoo finance, “The National Association of Realtors said Tuesday its seasonally adjusted index of pending sales for existing homes fell 6.5 percent from July and 21.5 […]