Positive real estate news and the second “shadow inventory”
My inbox is full of positive news this morning: December home sales trended upwards from the previous year. Home builders’ optimism score is higher than it’s been in the past two years. Core Logic’s chief economist says housing will turn the corner in 2012, citing “a quarterly survey by the New York Federal Reserve Bank, [...]
Zillow is not very accurate
“What about these?” One of my clients sent me a list of homes he had found on Zillow for which he wanted more information. I dutifully set about to research these properties which were not listed in the MLS. Two of the properties were listed as “preforeclosures,” meaning that the sellers were late on their [...]
