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Nationwide Stats: November Pending Home Sales Down from October

By Patrick Schutte, Certified Foreclosure Specialist, on January 6th, 2010
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The National Association of REALTORs (NAR’s) Pending Home Sales Index (PHSI), a forward-looking indicator based on contracts signed in November, dropped to 96.0 in November, a 16.0 percent decrease from October 2009. This decline came after a surge in activity in preceding months, as first-time homebuyers rushed to beat the original deadline for the homebuyer’s [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist January 6, 2010, 8:45 am

AZ Republic Report: Home sales rise in Sept., beat forecasts

By Patrick Schutte, Certified Foreclosure Specialist, on October 23rd, 2009
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WASHINGTON – Home resales rose in September to the highest level in more than two years, beating expectations, as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.
The National Association of Realtors said Friday that sales rose 9.4 percent to a seasonally adjusted annual rate of 5.57 million in September, [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist October 23, 2009, 9:14 am

Will You Be A Foreclosure Statistic?

By Patrick Schutte, Certified Foreclosure Specialist, on April 5th, 2008
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By Peter G. Miller 
Most owners who lose their homes in a foreclosure never thought it would happen to them. It always happens to someone else  you know the people who get sick, laid off, have an accident, that sort of thing.
So you might think: Foreclosure. That will never happen to me. No way. But lurking in [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist April 5, 2008, 11:30 am