Foreclosures: up, but by how much?
In my quest to write as many grouchy entries I can in one day, let me just say this – don’t believe anything you read quoting data put out by ForeclosuresMass.com. I think they play around with the numbers, basically just so they can generate traffic to...Analyst: adjustable-rate mortgage loan resets unlikely to threaten economy
About 1.1 million foreclosures are likely to result from jumps in monthly payments on adjustable-rate home-mortgage loans made in 2004 through 2006, according to a study by First American CoreLogic. Christopher Cagan, director of research at the...Foreclosure data: let’s take a closer look
Well, that was fast. This is the way stories go in the new world. There are rumors, an undercurrent about some premise. Then, a couple stories in the media about the original premise. Then, massive stories in the media about the original premise. Then, stories...Short sale properties hitting MLS
What is a “short sale” property? In a short sale of a home, a lender allows the property to be sold for less than the total amount due. In many cases, the lender forgives the remaining debt. During the past several years, there wasn’t any reason for...Foreclosures jump last year (from a reliable source)
Lots of people throw around statistics. I am skeptical of most of them (the statistics, not the people). Regarding foreclosures, I’ve never trusted the data put out by ForeclosuresMass.com; I’m sorry, but I’ve just been skeptical of them. I...Condo Listings by Neighborhood
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