Are the transfers of title to homes which have been “sold” back to the lender in a foreclosure auction reflected in the monthly sales figures in any way? If a house with a 1 mil. loan is sold back to the lender, at the the foreclosere auction for 1 mil, does that home count as sold for that price? I have been a Piggington lurker for awhile and appreciate the education available here. I have not seen this question covered in the posts,although it may have been.
Thanks!
Are the transfers of title to homes which have been “sold” back to the lender in a foreclosure auction reflected in the monthly sales figures in any way? If a house with a 1 mil. loan is sold back to the lender, at the the foreclosere auction for 1 mil, does that home count as sold for that price? I have been a Piggington lurker for awhile and appreciate the education available here. I have not seen this question covered in the posts,although it may have been.
Thanks!
Are the transfers of title to homes which have been “sold” back to the lender in a foreclosure auction reflected in the monthly sales figures in any way? If a house with a 1 mil. loan is sold back to the lender, at the the foreclosere auction for 1 mil, does that home count as sold for that price? I have been a Piggington lurker for awhile and appreciate the education available here. I have not seen this question covered in the posts,although it may have been.
Thanks!
The July numbers are “pre-credit crunch” and are therefor irrelevant IMO. I suspect a great many of the graphs and charts presented to prove a case wrt/ RE will show a salient discontinuity once the August numbers are plotted.
The July numbers are “pre-credit crunch” and are therefor irrelevant IMO. I suspect a great many of the graphs and charts presented to prove a case wrt/ RE will show a salient discontinuity once the August numbers are plotted.
The July numbers are “pre-credit crunch” and are therefor irrelevant IMO. I suspect a great many of the graphs and charts presented to prove a case wrt/ RE will show a salient discontinuity once the August numbers are plotted.
.
