Tag: Pending Sales
Pricing Your Foreclosure Deal in a Hot Market: Part 2
Let’s followup to my last blog “Pricing Your Foreclosure Deal in a Hot Market“. Now that you know the important elements to an accurate market valuation, today I will share how to find and select the “right comparables” to calculate the current market value of your next foreclosure home purchase. Let’s review this potential foreclosure home purchase…
Foreclosure Home Prices Highest Since February 2005
We knew this was coming… back last month when Pending home sales rose 6.7% to the highest level since late 2006. Contract activity was at the strongest pace since December 2006 and Pending Sales have been above year-ago levels for the past 25 months. At the time, Existing-home sales were projected to increase 8.5 to…