k***a
发帖数: 2400 | 1 摘自CNBC:
For years the process has been slow and arduous, with hundreds of thousands
of borrowers living in homes for months, even years after they had stopped
paying the mortgage. That is now changing.
So-called REO (real estate owned) activity by banks, when the bank takes
ownership of the property, increased 11 percent in May from the previous
month, according to RealtyTrac.
"You have an environment now with rising home prices in most markets," said
Daren Blomquist of RealtyTrac. "That gives the banks more incentive to go
ahead and foreclose on these homes because they know they can turn around
and sell them quickly for a price that is higher than what they would have
been able to sell them a year ago."
These new REOs will add to a now-growing supply of homes for sale. While
inventories are still well below where they were a year ago, the shortfall
is shrinking as rising prices lure more sellers. The overall number of
listings on Zillow.com was down 12.2 percent in June from a year ago, but
that is an improvement over the 17.5 percent drop in January, according to a
new report from the online real estate company.
"Inventory will likely remain below year-ago levels for a while yet, as
builders ramp up capacity and sellers wait to squeeze every drop of equity
from their home before listing," Zillow's chief economist Stan Humphries
said in a release. "But a corner has been turned. Going forward, as this new
supply makes its way to market, we expect the pace of home value
appreciation to slow down from unsustainably high annual levels of 5 percent
or above to more moderate levels closer to historic norms of 3 percent or 4
percent." |
|
