Tag

delinquent

“Sold, Subject to Inspection” — For a Month(?!?)

Is it Really Sold?  When No One’s Home — Literally — on the Listing Side Normally, listings progress from “Active” to “Sold, Subject to Inspection” to “Pending” to “Closed.” So, what does it mean when a listing gets stalled at “Sold, Subject to Inspection” for a month (or longer)?  (note:  the typical inspection timetable is...
Read More

“Halftime at the Housing Recovery,” or, Time for RTC II

Lender-Mediated Deals Now Down to 25% of Housing Market Deals Nationally Is the housing market doing better? Absolutely. Has it fully recovered? No way. Or should I say, “half-way.” I base that not just on where home prices are now — off the bottom, but still well below their 2006 peak — but on the fact...
Read More

Archives