Comments on: Tucson Weekly Reports on Foreclosures http://www.mytucsonblog.com/bank-owned-homes/tucson-weekly-reports-on-foreclosures/ Everything you need to know about Tucson and Real Estate - and then some Sun, 05 Sep 2010 18:10:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Travis http://www.mytucsonblog.com/bank-owned-homes/tucson-weekly-reports-on-foreclosures/comment-page-1/#comment-4447 Travis Sat, 04 Sep 2010 12:07:49 +0000 http://www.mytucsonblog.com/?p=1390#comment-4447 Very good point @Grace. This is particularly true in today's housing environment, pretty much across the country, where 1 in 10 mortgages are currently in danger of foreclosure (acording to an NBC News survey). MLS needs to modify their listings to account for this current (and hopefully unusual) stretch of time. - Travis Very good point @Grace. This is particularly true in today’s housing environment, pretty much across the country, where 1 in 10 mortgages are currently in danger of foreclosure (acording to an NBC News survey). MLS needs to modify their listings to account for this current (and hopefully unusual) stretch of time.

- Travis

]]> By: Grace http://www.mytucsonblog.com/bank-owned-homes/tucson-weekly-reports-on-foreclosures/comment-page-1/#comment-4230 Grace Wed, 21 Jul 2010 22:18:10 +0000 http://www.mytucsonblog.com/?p=1390#comment-4230 I agree that foreclosure transactions whether it's a short sale, or REO, should be included in the MLS. Prices for comparables would be artificially propped up if foreclosure transactions are not included. Most people are in denial with decline in home prices in their neighborhoods. Their perspective is still such that their homes are still worth what they were during the boom, and that foreclosures nearby do not affect them. It's time to wake up and smell the coffee! I agree that foreclosure transactions whether it’s a short sale, or REO, should be included in the MLS. Prices for comparables would be artificially propped up if foreclosure transactions are not included. Most people are in denial with decline in home prices in their neighborhoods. Their perspective is still such that their homes are still worth what they were during the boom, and that foreclosures nearby do not affect them. It’s time to wake up and smell the coffee!

]]> By: Richard Stabile http://www.mytucsonblog.com/bank-owned-homes/tucson-weekly-reports-on-foreclosures/comment-page-1/#comment-1701 Richard Stabile Fri, 09 Jan 2009 03:46:59 +0000 http://www.mytucsonblog.com/?p=1390#comment-1701 I was looking at your chart of inventory and prices. It seems you have moved up to almost 14 months worth of inventory and a large decline in price. My question is, has volume pick up at these lower prices? Richard I was looking at your chart of inventory and prices. It seems you have moved up to almost 14 months worth of inventory and a large decline in price.
My question is, has volume pick up at these lower prices?

Richard

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