Foreclosure inventory is at an all-time high

You may know about your next-door neighbor who hasn’t paid their mortgage in a while, and others who are doing the same and living rent-free, but here’s proof that this is actually the case for roughly a third of delinquent mortgages in this article by DSNews.com: A new report released by Lender Processing Services this …

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Home Affordability Returns to Pre-Bubble Levels

Home affordability returned to pre-bubble levels in a growing number of U.S. markets over the past year as price declines laid the groundwork for a housing recovery. Home values in the United States posted their largest quarterly decline since the first quarter of 2009, falling 2.6 percent as the temporary stimulus of the home buyer …

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