Real estate blog entries tagged with foreclosures by Debra Drummond

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foreclosures: July Market Report - 08/25/08 10:52 AM

According to RealComp, our local MLS, the market activity trend reflected a 15% increase in activity over the same period last year for the seventh straight month in 2008. Additionally, Pending sales were up significantly over the same period in 2007.

While interest rates have remained low, values … (1 comments)

foreclosures: Sweet Deal For 1st Time Homebuyers - 07/26/08 11:51 PM

Looking to take advantage of the great deals out there right now, my daughter just closed on a Redford foreclosure. Just a few years back, there was very little available under $100K for first time buyers. Now with HUD offering $500 down FHA mortgages with $2,500 buyer incentives, her house … (0 comments)

foreclosures: Increased Sales But Half Are Foreclosures - 06/28/08 05:46 PM

Realcomp, our local and Michigan's largest Multiple Listing Service, released the latest sales figures recently indicating a 12.7% year to date increase in sales over last year for the entire MLS. Although the number of homes on the market has declined an average of 7%, more the half the homes … (0 comments)

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