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Archive for February 6th, 2010

Feb
06
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“Homeowners in Fort Worth and Arlington fell further behind on their mortgages last year, as the delinquency rate increased, according to First American CoreLogic…”

Fort Worth, Arlington homeowners further behind in mortgages

Feb
06
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Delinquent mortgage payers in metro Toledo soared by more than a third last year and outclimbed the average across Ohio.

More than one of every 13 local home loan holders are 90 days or more late in their payments.

via toledoblade.com — .

Feb
06
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“In short, banks have been holding back on the shadow inventory, thus artificially lowering the supply of homes on the market.

Using Los Angeles as an example, a quick scan shows 6,901 homes for sale. Which seems like a small amount of inventory for a big area.

But when you look at the shadow market — those homes that are distressed, bank owned or scheduled for auction — it’s twice as big as the regular market…”

via Housing Market Update: Whats Lurking in the Shadow Market?.

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