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Global Data/Title Prep - Pam Effinger/VA
4/8/2011 10:55:15 AM (3683 views)
Re: Global Data/Title Prep - Dan Zook/NY
4/8/2011 11:13:55 AM (3623 views)
Re: Global Data/Title Prep - Pam Effinger/VA
4/8/2011 11:16:20 AM (3510 views)
Re: Global Data/Title Prep - Dan Zook/NY
4/8/2011 11:19:56 AM (3515 views)
Re: Global Data/Title Prep - Leigh Attridge/MA
4/8/2011 11:56:31 AM (3547 views)
Re: Global Data/Title Prep - Ron McPherson/IA
4/8/2011 9:51:51 PM (3590 views)
Re: Global Data/Title Prep - Andrew Veliuona/MD
4/10/2011 7:23:31 PM (3541 views)
Re: Global Data/Title Prep - Pam Effinger/VA
4/11/2011 9:58:52 AM (3685 views)
Re: Global Data/Title Prep - Richard Primmer/RI
4/11/2011 5:08:31 PM (3344 views)
Re: Global Data/Title Prep - Smitty Strickland/SC
4/12/2011 6:15:44 PM (3412 views)
Re: Global Data/Title Prep - Ron McPherson/IA
4/14/2011 6:42:05 PM (3445 views)
Re: Global Data/Title Prep - Stacey Duque/GA
9/6/2011 5:22:08 AM (2640 views)
Re: Global Data/Title Prep - Pam Effinger/VA
9/21/2011 12:01:10 PM (2638 views)
Re: Global Data/Title Prep - john rutledge/VA
6/19/2012 9:20:29 AM (2014 views)
Re: Global Data/Title Prep - Jeanne  Herman/FL
7/16/2013 11:02:21 AM (1603 views)

Comment on "CoreLogic: Home Prices Decline for Seventh Straight Month" - Source of Title/OH
4/7/2011 5:17:41 PM (3242 views)
Greater Than 50% Distressed Sales - Wyatt Bell/FL
4/7/2011 5:17:41 PM (6822 views)
Re: Greater Than 50% Distressed Sales - Slade Smith/OH
4/8/2011 3:50:30 AM (4362 views)

In the defense of CoreLogic and also the Case-Shiller home price index which I follow, I have not noticed a pattern of positive spin on the data, and certainly nothing like what you see out of the NAR or the NAHB in their releases regarding housing data. 

I tend to agree with you however on your view of the relative lack of importance of the one-month trend of stabilization of non-distressed sales.  I would claim as an amateur economist that what the February CoreLogic figures showed is likely not a sign of stabilization in the housing market, and in fact we need to see just the opposite, i.e. we need to see the gap between non-distressed prices and distressed prices shrinking, if we are looking for stabilization and signs of strength in housing.

Right now, we have that huge price gap-- foreclosure properties are discounted more than 35% at last check-- because the ordinary buyer who wants to obtain a home for themselves to live in is shut out of the foreclosure market to a large extent because they cannot get financing-- worries about obtaining clear title being a large part of the problem.  Since many of these sorts of buyers currently have little to no choice but to buy a non-distressed home or not buy at all, demand for non-distressed properties is artificially increased, and demand for distressed properties is decreased.  When the gap widens, like Corelogic reported this week, that is merely a sign of more turmoil and greater distortion in the foreclosure market-- a bad thing if you are looking for a sustainable recovery in housing prices anytime soon.

That gap simply has to shrink eventually-- the question is, how soon.  Eventually, I think the foreclosure problems will be alleviated somewhat, perhaps by the 50-state settlement over servicing abuses that is being kicked around.  Once it becomes a little safer and a little easier for the average Joe and Jane to buy a foreclosure to live in, they will start doing so.  That will both bolster demand for foreclosures and take away from demand for non-distressed properties. 

That's what's got to happen for real, lasting stability to return to housing prices-- we need ordinary people to start buying foreclosures to live in.  Anything else is not a true and sustainable sign of pricing strength.

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Core Logic - Wyatt Bell/FL
4/8/2011 12:05:36 PM (4394 views)

Value America - feedback appreciated - Amy Jensen/OR
4/7/2011 12:42:16 PM (3409 views)
Re: Value America - feedback appreciated - Robert Franco/OH
4/7/2011 12:56:11 PM (3359 views)
Thank you Robert! - Amy Jensen/OR
4/7/2011 6:34:02 PM (3218 views)
Re: Value America - feedback appreciated - Leigh Attridge/MA
4/7/2011 4:37:59 PM (3350 views)
Re: Value America - feedback appreciated - Teri Carro/DE
4/11/2011 9:50:04 AM (3248 views)
Re: Value America - feedback appreciated - Paula Reynolds/FL
4/29/2011 7:38:12 PM (2849 views)
Re: Value America - feedback appreciated - David Marks/VA
5/17/2011 9:21:47 PM (3903 views)
Re: Value America - feedback appreciated - David Marks/VA
6/1/2011 8:49:15 AM (2529 views)
Re: Value America - feedback appreciated - KYM/NJ
12/19/2011 12:10:01 PM (2019 views)

Despicable Me - TJ/FL/FL
4/7/2011 11:59:40 AM (3390 views)
Re: Despicable Me - Amy/OR
4/7/2011 12:36:13 PM (2922 views)

The Next Housing Shock - Dan Zook/NY
4/6/2011 2:43:25 PM (4404 views)
Re: The Next Housing Shock - Robert Franco/OH
4/6/2011 4:44:11 PM (3423 views)
Re: The Next Housing Shock - Slade Smith/OH
4/6/2011 9:06:30 PM (3062 views)
Re: The Next Housing Shock - William Pattison /CA
4/19/2011 5:51:55 PM (2866 views)
Re: The Next Housing Shock - Slade Smith/OH
4/20/2011 12:34:26 PM (2766 views)




Eclipse Real Estate Services - Ron McPherson/IA
4/6/2011 1:16:20 PM (4267 views)
Re: Eclipse Real Estate Services - Donna D'Amore/PA
4/7/2011 12:19:01 PM (3131 views)
Re: Eclipse Real Estate Services - Ron McPherson/IA
4/7/2011 11:26:38 PM (2950 views)
Re: Eclipse Real Estate Services - Rita Killary/NY
4/11/2011 8:28:58 AM (2751 views)
Re: Eclipse Real Estate Services - Brett Ryder/NC
8/24/2011 1:56:43 PM (2341 views)

Comment on "Deeds Official Asks Trearurer to Pull Account from MERS Member Bank" - Source of Title/OH
4/5/2011 10:59:17 PM (3028 views)
John O'Brien Article - Angie  McKinnon/UT
4/5/2011 10:59:17 PM (4626 views)
Re: John O'Brien Article - Robert Franco/OH
4/6/2011 9:29:59 AM (4548 views)
Re: John O'Brien Article - Slade Smith/OH
4/6/2011 8:44:35 PM (4945 views)
Re: John O'Brien Article - Leigh Attridge/MA
4/6/2011 10:15:53 PM (4712 views)

21 Century-Just say NO - Nathan Miller/KY
4/5/2011 4:03:51 PM (3276 views)
Re: 21 Century-Just say NO - Robert Franco/OH
4/5/2011 4:10:18 PM (3027 views)
Re: 21 Century-Just say NO - monica froese/ME
4/5/2011 7:12:51 PM (3232 views)
Re: 21 Century-Just say NO - TJ/FL
4/5/2011 6:46:49 PM (3049 views)
Re: 21 Century-Just say NO - Nathan Miller/KY
4/6/2011 10:44:09 AM (2877 views)
Re: 21 Century-Just say NO - TJ/FL
4/5/2011 6:53:33 PM (3030 views)
Re: 21 Century-Just say NO - Scott Perry/PA
4/6/2011 3:33:13 PM (3218 views)
Re: 21 Century-Just say NO - Nils Nelson/ME
4/6/2011 4:47:35 PM (3483 views)
Re: 21 Century-Just say NO - Anthony BROWNN/VA
4/11/2011 9:51:11 AM (2718 views)
Re: 21 Century-Just say NO - Kevin Ahern/CT
4/11/2011 4:46:41 PM (2785 views)

Vendor mgmt games (again) - TJ/FL
4/5/2011 2:13:36 PM (3338 views)
Re: Vendor mgmt games (again) - Robert Franco/OH
4/5/2011 2:33:16 PM (3185 views)
Re: Vendor mgmt games (again) - TJ/FL
4/5/2011 3:18:40 PM (3123 views)
Re: Vendor mgmt games (again) - Kurt deVries/FL
4/5/2011 10:09:37 PM (3105 views)
Re: Vendor mgmt games (again) - George Booth/OH
4/5/2011 10:29:12 PM (3233 views)
Re: Vendor mgmt games (again) - Brenda Palmer/TN
4/11/2011 4:02:15 AM (2933 views)
Re: Vendor mgmt games (again) - Fran Scheetz/PA
4/11/2011 11:09:39 AM (2954 views)
Re: Vendor mgmt games (again) - Paula Reynolds/FL
4/29/2011 8:01:48 PM (3062 views)
Re: Vendor mgmt games (again) - Dan Zook/NY
4/6/2011 11:06:26 AM (3011 views)
Good. Cheap. Fast. - Dan Zook/NY
4/6/2011 11:15:22 AM (3075 views)

Reality Data - Datachek - Kurt deVries/FL
4/5/2011 12:10:21 PM (3426 views)
Re: Reality Data - Datachek - Paula Reynolds/FL
4/5/2011 5:16:12 PM (3181 views)
Re: Reality Data - Datachek - Kurt deVries/FL
4/5/2011 10:05:15 PM (3004 views)
Realty Data? - Dan Zook/NY
4/7/2011 10:00:29 AM (3076 views)
Re: Realty Data? - Kurt deVries/FL
4/7/2011 10:44:49 AM (3046 views)
Re: Realty Data? - Dan Zook/NY
4/7/2011 4:02:30 PM (2983 views)
Re: Realty Data? - Dan Zook/NY
4/7/2011 4:06:40 PM (2919 views)

Comment on "Chicago Area Title Crooks Plead Guilty at Last Minute" - Source of Title/OH
4/5/2011 8:38:17 AM (2917 views)
Only 4 years?? - Leigh Attridge/MA
4/5/2011 8:38:17 AM (5886 views)
Re: Only 4 years?? - Kevin Ahern/CT
4/5/2011 10:52:28 AM (6035 views)
Re: Only 4 years?? - Leigh Attridge/MA
4/5/2011 11:06:11 AM (5996 views)
Re: Only 4 years?? - Kevin Ahern/CT
4/5/2011 11:21:05 AM (5865 views)

UnPaid Invoice from FSE - Dody Fuhrmann/NV
4/4/2011 10:54:40 AM (3307 views)
Re: UnPaid Invoice from FSE - Nils Nelson/ME
4/4/2011 10:57:15 AM (3132 views)
Re: UnPaid Invoice from FSE - Nils Nelson/ME
4/4/2011 6:18:41 PM (3293 views)
Re: UnPaid Invoice from FSE - Dody Fuhrmann/NV
4/5/2011 8:59:55 PM (3039 views)
Re: UnPaid Invoice from FSE - Robert Franco/OH
4/6/2011 9:32:47 AM (3020 views)
Re: UnPaid Invoice from FSE - Rita Killary/NY
4/11/2011 8:38:19 AM (2840 views)
Re: UnPaid Invoice from FSE - Becky Taylor/GA
4/13/2011 3:17:46 PM (3005 views)
Re: UnPaid Invoice from FSE - Dody Fuhrmann/NV
4/13/2011 5:14:23 PM (2887 views)

To Robert - Norean Cashwell/GA
4/3/2011 7:48:58 PM (3124 views)
Re: To Robert - Robert Franco/OH
4/3/2011 11:25:26 PM (3025 views)
Re: To Robert - Norean Cashwell/GA
4/4/2011 7:05:18 AM (2874 views)

A Queens Home Wallpapered With Memories - Leigh Attridge/MA
4/3/2011 7:01:25 PM (3756 views)

Foreclosure crisis: Fed-up judges crack down disorder in the courts - Edward Huguenin/SC
4/3/2011 5:42:34 PM (3902 views)


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