Mortgage delinquencies are getting back to normal
The mortgage meltdown that began five years ago appears to be reversing course as the percentage of loans that fell into delinquency slowly returned to normal rates...as reported by CNNMoney.com
Mortgage delinquencies, foreclosures fall
The percentage of mortages at least one payment past due fell in the fourth quarter of 2011 and fewer loans entered the foreclosure process, reflecting improvement seen in the economy, the Mortgage Bankers Association reported.
Home buying: Most affordable in decades
Thanks to continued declines in home prices and rock-bottom mortgage rates, the National Association of Home Builder/Wells Fargo Housing Opportunity Index hit a record level of affordability.
Housing Inventories Drop, List Prices Rise
Inventory of for-sale homes has dropped by about 23 percent compared to this time last year, and fell by 6 percent alone from December 2011 to January 2012 according to Realtor.com data.
This is a potpourri of real estate reporting by respected members in the real estate community all reporting most favorable information. What do you think?
