Wow..It’s alread the middle of November…I’ve been engaged in a bunch of rebellious and grumpifying activities here in the San Francisco Bay Area foreclosure and short sale arena. In other words, paperwork, bank negotiations, paperwork, rehashed bank negotiations and, for variety, more paperwork.
But here are a few bits about what I’m seeing in the short sale and foreclosure market recently:
The National Association of Realtors (NAR) says that pending home sales have slipped…more here.
HAMP is continually its trend of NON-success…you can read a decent commentary and see video discussion here.
Actual job creation, a factor in whether or not the foreclosure mess will start to iron itself out, looks anemic in 2011…there’s a great Reuters article here.
Looks like we’ll be in this rebellion together for a good, long time!
-Larry
