Distressed Sales
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…
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,…
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…
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