The headlines blared last week about a 27 percent drop in foreclosures, after RealtyTrac released their U.S. Foreclosure Market Report for February. On the surface, it looked like maybe it was positive. And most journalists covered the release as good news for the housing market. But when examined closely, it is perhaps ... Continue Reading »

Over the past two weeks we have been bombarded with housing market data, much of it seemingly contradictory. • On February 15, the National Association of Home Builders released their Housing Market Index for February. The Index measures confidence among home builders, where 50 is neutral, higher is positive, and ... Continue Reading »

Get ready for some more bad housing market news: For the past three months, both Radar Logic's Residential Price Index (RPX) housing values and RPX transaction count have declined significantly year over year. Prices have declined an average of 2.2 percent from the prior year. That may not sound like a lot, but for ... Continue Reading »