Monday, October 22, 2012

RealtyTrac: 65% of housing markets worse off than in 2008 via HousingWire

Sixty-five percent of U.S. housing markets studied by RealtyTrac are worse off than they were four years ago, according to the Irvine, Calif.-based real estate research firm. The results of the survey arrive the same day as the final presidential debate and just weeks before the general election.

RealtyTrac measured five key housing metrics in 919 U.S. counties and discovered the majority are still suffering from falling average home prices, unemployment, and higher foreclosure inventories, foreclosure starts and distressed sales.

Read more...HousingWire | RealtyTrac: 65% of housing markets worse off than in 2008

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