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Housing inventory continues to drop
Nov 17, 2011The recent uptick in foreclosures is not yet translating to more houses on the market. The total number of homes for sale is down 21% in October, year-on-year, according to the latest RE/MAX national housing report. The number dropped for 16 straight months. The real estate agent franchise added that the month supply of properties is slightly down, to an average of 7.7 months to clear market inventory. Six months on market denotes more balance between supply and demand. The months supply peaked a nearly 11 months in December 2010, by way of comparison.
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Underused eMortgages are part of the solution: SigniaDocs
Apr 29, 2011 -
The argument for electronic warehouse mortgage lending
Mar 29, 2011 -
MERS president and CEO R.K. Arnold retires
Jan 22, 2011 -
Another hurdle on the way to the eMortgage
Nov 16, 2010 -
Homeownership Rate Rolls Back to 2001
Feb 03, 2009 -
Jobless Claims Soar, Again
Dec 11, 2008 -
Alt-A Losses Outstripping Expectations, Moody’s Says
Nov 20, 2008 -
RCS Receives Servicing Approval from Fannie Mae
Nov 18, 2008 -
Study: Real Estate Woes Move into CRE
Nov 18, 2008 -
TCW’s Gundlach: “No market for old men”
Sep 18, 2008