Archive for the ‘Statistics’ Category
Tuesday, August 24th, 2010
Since I was a little late on the June stats, I already have the July 2010 number for the Home Affordable Modification Program (HAMP) ready to go.
Successful Completions are at 421,804, up from 389,000 in June
Program Drop-outs are at 630,000, up from 530,000 in June.
The program now has a dropout ...
Posted in Buyers, Foreclosure, Investors, Sellers, Statistics | No Comments »
Monday, August 16th, 2010
The Home Affordable Modification Program (HAMP) continues to perform much worse than originally forecasted by the Obama Administration.
Over 1.2 million Americans have started the government backed Loan Modification Program as of the end of June, of which 389,000 homeowners (31%) have completed the process and 531,000 (43%) have been dropped. The number ...
Posted in Foreclosure, Statistics | No Comments »
Monday, June 21st, 2010
If you remember from April... (http://www.therealestateledger.com/2010/05/loan-modification-program-has-nearly-as-many-failures-as-successes/):
Over 1.2 million Americans have started the government backed Loan Modification Program, of which 299,000 homeowners (25%) have completed the process and 277,000 (23%) have been dropped. The number of homeowners dropping out has increased from 155,000 the prior month, leaving me to believe that ...
Posted in Foreclosure, Sellers, Statistics | No Comments »
Wednesday, March 31st, 2010
Standard & Poor's/Case-Shiller 20-city home price index rose .3 percent from December 2009 to January 2010, the eighth straight month of gains. While the gains have been moderate, the index is up 4% from the bottom in May 2009 yet still down 30% from the peak in May 2006. The ...
Posted in Buyers, Home Owner, Investors, Sellers, Statistics | No Comments »
Monday, March 29th, 2010
We are all well-aware at this point that adjustable-rate mortgages are a major contributing factor to the foreclosure crisis. Recent polls show us that nearly one in every seven borrowers are behind in there payments. That's 13.6% of homeowners with mortgages. Today I'm focusing on what may likely cause a sharp ...
Posted in Foreclosure, Home Owner, Investors, Statistics | 1 Comment »
Tuesday, March 16th, 2010
Several pieces of data pertaining to housing were down in February, although generally less than expected. The widespread, powerful snowstorms that rocked the nation are believed to have put a damper on this data.
New Home Starts
Construction of new homes fell 5.9 percent in February to a seasonally adjusted annual rate ...
Posted in Statistics | No Comments »
Wednesday, February 3rd, 2010
One in every four homeowners in the United States is 'underwater', meaning they owe more on the home than it's actually worth. And you can expect that number to rise.
It's actually amazing to believe that such a high number of houses fall into this category. It was recently estimated that ...
Posted in Foreclosure, Home Owner, Investors, Sellers, Statistics | No Comments »
Tuesday, December 29th, 2009
Home prices rose again but in only 11 of the 20 regions tracked by the Standard & Poor's/Case-Shiller home price index. The index is off of it's lows from May of this year but is still well below it's all-time highs in April 2006. On Monday it was reported that ...
Posted in Buyers, Foreclosure, Home Owner, Investors, Sellers, Statistics | No Comments »
Saturday, June 14th, 2008
Here are some updated rolling stats for sales of various types of homes in Staten Island. These figures are for February, March, and April 2008. I'll continue to post these stats as they're released. There are some slight drops compared to the last release of this chart, but nothing dramatic.
Posted in Buyers, Sellers, Statistics | No Comments »
Sunday, May 18th, 2008
I wanted to post some stats. These Staten Island sales stats show you that there are ups and downs to the market here. But the key there is 'UP'. The average selling price of a 1-Family Attached, 2-Family Attached, and 2-Family Detached home have all increased in value! And the ...
Posted in Buyers, Investors, Sellers, Statistics | No Comments »
