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Category Archives: Data, Data, and More Data
Median Incomes Versus Median Home Prices
Looking at median home prices versus median income, prices of homes would need to decline another 10 percent or so to reach the historical average of 3.5. Of course, they could overshoot… Continue reading
Posted in Data, Data, and More Data, Home Economics
Tagged cpi, Median Home Prices, Median Income, Rents
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Foreclosure Sales Jump in March
The one thing that remains clear is that while the process has slowed, there remains no consensus on a viable solution other than foreclosure to eliminate the excess mortgage debt that has left millions underwater and continues to hinder the broader economy. Continue reading
Posted in Data, Data, and More Data, Foreclosures and Short Sales, Newsletter
Tagged arizona, california, Foreclosures, Nevada, Oregon, REOs, Washington
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