Moody’s Economy.com has answered the question of weather we will see a decline in foreclosures. Their comprehensive analysis, while including many aspects of the market was partially focused on the foreclosure outlook. Moody’s Economy.com expects a slow increase in jobs beginning in the spring of this year, but real job growth, that which affects unemployment [...]
The question of weather the housing market has hit bottom is now being answered by Moody’s Economy.com and the answer is yes and no. In classical economist form, Moody’s gives us a run down on the ups and downs of the national housing market, which is summarized below.
Home sales have hit bottom and are increasing.
Single [...]
It’s a great time to invest in the Fort Worth/Arlington area. As housing prices are currently undervalued, but are expected to climb soon. According to a report by Moody’s Economy.com Housing prices in the Fort Worth/Arlington area are undervalued. Moddy’s evaluation is based on price-to-income ratio, which fell from 3.95 in the forth quarter of [...]
It comes as no surprise that foreclosures are at an all time high. There were almost 6,000 properties scheduled for foreclosure in October in the DFW area. That means almost 6,000 potential deals. Short selling maybe necessary to get a deal, but banks are more willing to short sell than ever before. It’s a good [...]
This is the 3rd part of a 3 part article on the stages of buying foreclosures. There are 3 stages to buying pre-foreclosures. These three stages, analyzing, hunting and convincing, are accomplished for the purpose of achieving one goal. That goal is to find an owner with sufficient equity, who is willing to sell his [...]