Andy's Blog

Foreclosure Defaults Are Dropping So Why Are Repossessions Rising? RealtyTrac Inc reported that lenders repossessed more homes in August than they have since the beginning of the housing crisis even as the number of properties entering the foreclosure process declined for the seventh month in a r...

Are Days On Market About To Double? CoreLogic analysts said Thursday that the majority of the 3.3 million delinquent mortgages will end in foreclosure and that will drive down prices before year-end.CoreLogic also predicted that the additional inventory of foreclosed homes could double the time t...

Shadow Inventory Will Lead To Low Or No Appreciation In Home Prices In a recent paper by Alan Mallach, a senior fellow the Brookings Institution, predicts, that a steady flow of foreclosures over a long timeframe will prevent another crash in home prices, but will probably lead to low or no appre...

Was the HomeBuyer Tax Credit Worth The $23.5 BILLION Spent? Having read the article by Jacob Gaffney below my response is a resonding NO!!! What has the $23.5 Billion gottens us? 1. Did more buyers buy because of the credit? NO. All the credit did was move up the pool of available buyers into Apr...

Homes For Sale In Woodbury, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Woodbury - 2006 - 2010 From January To August has been increasing for several years with a decrease this year. The Average Days On Market of Homes For...

Homes For Sale In Wantagh, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Wantagh - 2006 - 2010 From January To August has been increasing for several years with decrease over the past 2 years. The Average Days On Market of H...

Homes For Sale In Seaford, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Seaford - 2006 - 2010 From January To August has been increasing for several years with a decrease this year. The Average Days On Market of Homes For S...

Homes For Sale In Plainview, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Plainview - 2006 - 2010 From January To August has been increasing for several years with a decrease this year. The Average Days On Market of Homes F...

Homes For Sale In Merrick, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Merrick - 2006 - 2010 From January To August has been increasing for several years with a decrese this year. The Average Days On Market of Homes For Sa...

Homes For Sale In Massapequa, New York - 2006 - 2010 From January To August Market Statistics    The Average Days On Market of the Homes For Sale In Massapequa - 2006 - 2010 From January To August has been increasing for several years with a decrease this year. The Average Days On Market of Homes...