Things to Consider When Selling Your House Fall 2023 - KM Realty, Chicago Guide
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1. Expertise guaranteed! “ Keeping Current Matters in Today’s Market” The Real Data. The Real Message. The Right Delivery. December 2010
2. Fewer Fall Delinquent in Paying Mortgages NY Times 11/18/2010 “ The high tide of delinquency among homeowners has begun to recede.” More Homes Enter Foreclosure Process Market Watch 11/18/2010 “ A larger share of homes entered the foreclosure process in the 3rd quarter.” The Confusion
9. "Homes sold out of foreclosure represent a low-priced alternative to homes sold by owner-occupants. When foreclosure sales increase as a share of total home sales, as they are now, owner-occupants face increased pressure to reduce prices in order to compete. If sales of foreclosed homes continue to show greater stability than sales of other homes, overall housing prices will continue to deteriorate." RPX Monthly Housing Market Report 12/2010 Impact of Shadow Inventory - Quinn Eddins, Director of Research at Radar Logic
12. Month’s Supply of Distressed Homes CoreLogic Shadow Inventory Report 11/2010
13. Month’s Supply of Distressed Homes CoreLogic Shadow Inventory Report 11/2010
14. "Our focus should be on fixing problems where they are found and then moving forward expeditiously with foreclosure proceedings ." - Edward J. DeMarco, Acting Director Federal Housing Finance Agency Federal Housing Finance Agency 12/02/2010 Foreclosures Will Increase
15. Value by Sale Category Realty Trac Foreclosure Report 12/02/2010 Type of Sale % of Value Non-Distressed Sale 100% Short Sale 81% Foreclosure Sale 59%
18. First Step Taken During Home Buying Process NAR Profile of Home Buyers and Sellers 2010 11/2010
19. NAR Profile of Home Buyers and Sellers 2010 11/2010 Web Sites Used in Home Search
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21. Return on Investment MSN Money.com, Case Shiller (January 1, 2000 –December 1, 2010)
22. Macro Market Home Price Expectations Survey 11/2010 Home Price Expectation Survey % Cumulative Price Change from Year End 2009
23. “ If you don’t own a home, buy one. If you own one home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home.” – John Paulson 9/27/2010
26. National Housing Survey Fannie Mae 11/2010 Major Reason for Buying % Having a good place to raise children and provide a good education 80 Having a physical structure where you and your family feel safe 79 It allows you to have more space for your family 75 It gives you control over what you do with your living space 69
31. Unemployment Rate In a setback for the economy, hiring unexpectedly stalled in November and the nation's unemployment rate jumped to 9.8 percent, reversing a pattern of slow but steady improvement in the job market.
32. Future House Prices – Fannie Mae Today’s Price Fannie Mae’s Economic and Mortgage Market Analysis 11/2010 Median Prices in Thousands
33. Macro Market Home Price Expectations Survey 11/2010 Home Price Expectation Survey % Cumulative Price Change from Year End 2009
34. Future House Prices – CME Group Projected Bottom CME Group 12/4/2010 December’s Price