New Constructions Selling Slower than Expected

Posted Leave a commentPosted in Housing shortage, Statistics

After a long period of builders being reluctant to construct new homes, construction is now on the rise again. In the second quarter of 2018, the number of new constructions was 3336 among four Southern California counties, comprising Los Angeles, Orange, Riverside, and San Bernardino counties. This amounts to a 19% increase from the prior […]

44% of Major Metros See Higher Foreclosure Rates

Posted Leave a commentPosted in Foreclosure Property, Statistics

The July data for ATTOM Data Solutions’¬†US Foreclosure Market Report was released in August. 219 metropolitan areas were analyzed, among which 96 had an increase in foreclosure processes started. It’s only up 1% from June, but had been going up for three consecutive months. The small year-over-year increase of less than a percent is after […]