Distressed Sales

Now The Good News: North Texas Home Sales Up 18% in July. Bad News, Prices Down

By Candy Evans / August 9, 2011 /

I am almost afraid to write this for fear of a jinx: the North Texas housing market is doing well. Like, really well. Prices are down a smidge, but July volume was way up. And maybe, just maybe, I know when we found the bottom. Steve Brown reports today that pre-owned home sales were up 18…

Separating Distressed from Non-Distressed Properties, Home Prices Not So Slumpy: Dallas Real Estate News

By Candy Evans / August 4, 2011 /

View more videos at: http://www.nbcdfw.com. Here’s part two of my KXAS gig over on Nonstop Nightly. The summer has not been kind to Dallas real estate prices, and now we have a guy in Flower Mound who thinks he can snag a home for a filing fee: welcome to the crazy world of real estate,…

So How Dumb Is It To Own a House If Almost One-Third of all US Home Sales are Distressed Properties?

By Candy Evans / May 26, 2011 /

Looking at the U.S. housing market, sales of bank-owned properties accounted for 28% of all U.S. residential sales in quarter one of 2011. That’s worse than last year by one percentage point, and up from 27% in the fourth quarter. This from RealtyTrac in its 1Q 2011 survey. The California-based foreclosure data firm says the…