Washington, DC, Delinquencies and Shadow Inventory
December 5, 2011 by Katie Wethman · Leave a Comment
The Mortgage Banker’s Association reported that the seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties fell to 7.99% in the third quarter of 2011, the lowest level recorded since the fourth quarter of 2008. While any decrease is good news, don’t get too excited just yet– it’s a decrease of just 45 [...]
This Month in Real Estate: September 2010
September 22, 2010 by wethmangroupadmin · Leave a Comment
Want to know how your state ranks in terms of the number of foreclosures? This month in real estate tells you which states have the highest foreclosure rate, plus offers tips on buying foreclosures in your area.
This Month in Real Estate: Foreclosures Down as Short Sales Become Viable Options
June 18, 2010 by Katie Wethman · Leave a Comment
April stats for foreclosures are out, and they show a 2% decrease form April of 2009, possibly due to more sellers being aware of short sales as a viable option, and more buyers recognizing that short sales may pose a good buying opportunity. Short sales are still long, frustrating processes for all parties involved, but [...]
Why Don’t Short Sales Close?
March 15, 2010 by Katie Wethman · Leave a Comment
Most buyers know by now that a very low percentage of short sales close. And I don’t mean that buyers need to wait a long time (though they do) — I mean they NEVER close. What are some of the reasons why? And what happens to them? First, let’s recap: What is a short sale? [...]
Short Sale Statistics for Arlington
December 13, 2009 by Katie Wethman · Leave a Comment
Our local MLS has added a field to specify short sales (though “Undisclosed” is still an option), which makes it a little easier to get a handle on the current state of the market. So where are the short sales in Arlington? As of the date of this post, there are 46 active short sales [...]
