Items Tagged with 'housing recovery'


Foreclosure starts now at pre-crisis levels

Lowest active foreclosures since 2007
Foreclosure inventory decreased to numbers not seen in almost 9 years, while foreclosure starts are now at pre-crisis levels. Delinquencies increased monthly in May, but experts from Black Knight aren’t concerned. Here’s why.
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Existing home sales grow at highest pace in 9 years

Housing market still needs more recovery
Despite rising home prices and lack of inventory, existing home sales in May grew at their fastest pace in almost a decade. Not everyone, however, sees this as good news for the market. Zillow's chief economist points out that, while encouraging, the market still has a long way to go.
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