Carl Rizzuto's (crizzuto) Blog

Carl Rizzuto Just another WordPress weblog « The 1 Force That Can Really Change A Mortgage Rate Case-Shiller Shows Home Price Improvement In 90% Of Cities   Standard & Poors released its Case-Shiller Index Tuesday.  The index is a monthly home valuation report from select cities and among the pri...

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Bank Reposessions Reach Record Levels For The Second Straight Month   According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. As compared to May 2009, all 50 states now show an incr...

The Supply Of New Homes For Sale Just Dropped Off A Cliff   The supply of newly-built homes for sales plummeted in April, a positive indicator for the housing market as we head into the summer months. It's no wonder that homebuilders are breaking new ground at the fastest clip in 2 years.  At the...