Mark Fleming, chief economist at First American Core Logic, gives a reading on where we are in this housing cycle. In this January 2008 interview, Fleming says foreclosure trends will signal the first signs of a turnaround, and so far they hadn’t let up. Like many others, Fleming doesn’t see the downturn reversing any time this year.
Performance of home-equity, pay-option ARM loans cited
Tips on handling deposit, unpaid rent, lease termination
Freddie Mac: Average on 30-year fixed loans still below 5.9% year-to-date
Falling home prices unmasking application fraud
Purchase loans hit new low in February
Foreclosure filings soar 60% year-over-year in February
30-year fixed rate at 5.96%; 10-year Treasury yield at 3.47%
Forecast shows waning investor confidence, hard-to-get financing
Building to undergo extensive upgrades
Electronics-maker tenant plans long-term stay in SoCal
Bloggers seek to attract referrals, clients through new portal
Builders report price drops, rising incentives
Survey: Borrowers paying more points on ARM loans
30-year fixed rate at 6.08%; 10-year Treasury yield at 3.6%
Landlord fingered by nonprofit that sued craigslist
Asset boasts extensive amenity list
Buyer uses 1031 exchange
Retail center features mix of shop sizes
Former Realtor.com president will continue to serve as adviser