Sales Are Down, Inventory Is Up

As Bill McBride points out: sales are down and inventory is up. My comment… inventory is still really, really low compared to what we’ve seen in the last

Foreclosures Ticking Up

From the Denver Business Journal about foreclosures starting to tick up.

International Transactions in US Residential Real Estate

The newest report from the National Association of Realtors with data about international transactions.

Special thanks for Lon Welsh for sharing these charts.

Purchase Index

Number of Mortgages Locked and Mortgage Interest Rate

Home Sales

Home Inventory

Median Home Price of Sold Homes

Percentage of Listings with Price Drops

Homes with Multiple Offers

I think that’s what they mean by “faced competition.”

And that’s all I got to say about that… for now.

Love,

James Orr
The Real Estate Financial Planner™