KCM Blog

Posts tagged as:

Foreclosures

Will the Shadow Inventory Ever Come to Light?

July 28, 2010

The big question about shadow inventory is when this backlog of foreclosures will come to market. Prices will not be adversely affected until these distressed properties are actually put up for sale. Only then will they truly be competition to existing homes for sale. It seems that day may be upon us. Much of the [...]

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Are There Over Seven Million Foreclosures Coming?

July 13, 2010

There have been some extraordinary numbers being bantered about when talking about the number of foreclosures that will be coming to market over the next 18 months. Different studies have estimated that number to be between 5-8 million. Let’s take a look at one of these studies today and see how these totals are being [...]

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The Truth about Foreclosure “Facts”

May 17, 2010

The goal of this blog is to create clarity from the confusion in today’s real estate market. We try to take complicated issues and break them down into simpler pieces, and then try to explain how the pieces fit together. There is no situation more difficult to dissect than the current foreclosure numbers. Yet, understanding this [...]

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Shadow Looms Over Home Prices

May 12, 2010

“We should pay heed to foreclosure activity, which have reached their highest level in at least the last five years. As these homes are put up for sale, we may see some further dampening in home prices.” – S&P Case Shiller Home Price Index 4/27/2010 “We expect the high rates of negative equity and foreclosures [...]

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6 Factors to Consider When Pricing Your Home

May 11, 2010

Yesterday, we showed how even the experts are having trouble determining price in the current real estate market. There are so many moving parts and each part is evolving rapidly. Today, we want to look at the major determining factors in establishing the current value of a residential property. If you currently have your house [...]

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Shadow Inventory about to See the Light

April 19, 2010

As I mentioned in a post earlier this month,  5 Keys to a Real Estate Recovery: I believe both the increase of distressed properties and the timing of their release to the market will be the biggest real estate story of 2010 … Anytime the supply of an item increases and demand remains flat, pricing [...]

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Foreclosures: Their Impact on Real Estate 2010

April 13, 2010

I firmly believe the foreclosure situation will be the main story line in real estate for the rest of 2010. There will be other key factors (unemployment, government involvement, interest rates, etc.). However, no issue will have the same impact as the tidal wave of distressed properties about to come to market. For purposes of [...]

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Foreclosures Easing Up? Not Exactly

March 19, 2010

There has been much conversation about how distressed properties will impact home prices as we move into the second half of 2010. And it appears that no matter how much data is available, there still remains a feeling that the situation is improving. People look at the foreclosure filings and say things are in fact [...]

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Puzzled Banks Now Buying Time

March 3, 2010

Often I get asked why banks are not foreclosing on borrowers even after they do not make mortgage payments for many months. Actually, the answer is quite logical. To fully appreciate the banks position we must understand that the current housing market is like a Rubik’s cube. Every action the bank takes creates a challenge [...]

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Today’s Real Estate Headlines – True or False?

February 23, 2010

Almost every day, as I do my research, I come across a headline that grabs my attention. Many times it leads me to believe that there is a contrarian view to one that I currently hold on an issue in real estate. I immediately read the article only to find out that the headline and [...]

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