Remember, prices have declined by 30% or more in just about all of the 25 large metros that had the highest number of distressed properties which I examined in my previous article on the shadow inventory. Another chart from the Morgan Stanley study showed that for all the 6.6 million loans ...
In Colorado, the foreclosure inventory was 1.4 percent of all mortgages, making Colorado tied for the 4th-lowest foreclosure inventory rate in the nation. Only North Dakota,Wyoming and Nebraska had foreclosure invetory rates that were lower. Colorado was tied at 1.4 percent with Missouri, Virginia...
Even the FHA Commissioner has called the rise in cash-out refinances “astronomical†– this chart should highlight why: “(Housing Wire} Subsequent years saw cash-out volume fall, hitting a low in 2013, HUD said. But now, volume is climbing again, rising 250...
585 in 2015 to $1,580 in 2016 (despite the region’s skyrocketing rents) because HUD extrapolated it from the 2013 5-year rolling-averageACSestimate. Craigslist data offer a real-time alternative to easily take the pulse of local housing rental markets...