Category Archives: Economic Updates




The real estate industry has been marching to the same ominous drumbeat since the economic downturn took hold: the housing market is facing collapse. Although many have taken this idea as fact and surrendered to wondering about the when versus the how, Housing Wire reports that Altos Research is releasing new data that claims all





By Chief Economist Lawrence Yun Distressed property sales reached a new cyclical low in the past two months. Only 15 percent of all transactions were classified as being due to a foreclosure or needing a short-sale approval from a bank. This is a marked change from nearly one-third of all sales being distressed from 2008

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