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Altruism

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 7 December 2007 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Altruism  22 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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REO Share’s Continued Decline Indicates a ‘Healing’ Market

first_img  Print This Post Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / REO Share’s Continued Decline Indicates a ‘Healing’ Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Cash Sales Share CoreLogic Distressed Assets REO sales 2015-06-11 Brian Honea Subscribe June 11, 2015 1,130 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Previous: Fed Reports Household Wealth Rose to $85 Trillion in Q1 Next: House Committee on Appropriations Aims For More Oversight, Transparency for CFPB Related Articles Demand Propels Home Prices Upward 2 days ago Tagged with: Cash Sales Share CoreLogic Distressed Assets REO sales Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago The percentage of total home sales that were REO sales declined substantially from February to March from 9.7 percent down to 8.4 percent, a drop of 13.4 percent, indicating that the market as it pertains to distressed assets is “healing” and “normalizing,” according to CoreLogic’s Cash Sales Share Data for March 2015 released Thursday.In January 2011 at the height of the foreclosure wave, when cash sales reached their peak, REO sales made up 23.9 percent of all home sales, according to CoreLogic. Resales, which typically comprise about 80 percent of cash sales, have the most weight on the overall share of cash sales.”The drop in REOs indicates that the market continues to heal and normalize as it pertains to distressed assets,” said Sam Khater, deputy chief economist at CoreLogic. “But the Great Recession will still have cast a long shadow on the real estate market and REO sales will remain elevated for years as hardest hit areas and slow to react areas continue to recover.”The cash sales share for REO properties dropped by more than 3 percentage points month-over-month in March 2015 down to 56.2 percent, meaning that 56.2 percent of REO sales during the month were cash sales. As has historically been the case, REO sales had the largest cash sales share in March, followed by resales (34.5 percent), short sales (31.6 percent), and new home sales (14.9 percent). All those numbers represented declines from February, according to CoreLogic.March 2015 marked the 27th consecutive month of year-over-year declines for overall cash sales, which made up 34.6 percent of total home sales during the month. The peak for cash sales share was 46.5 percent, achieved in January 2011; prior to the housing crisis, cash sales share averaged about 25 percent. CoreLogic estimates that if the current rate of decline continues, the cash sales share will be back down to 25 percent by the middle of 2016. Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News, REO Data Provider Black Knight to Acquire Top of Mind 2 days ago REO Share’s Continued Decline Indicates a ‘Healing’ Market The Best Markets For Residential Property Investors 2 days agolast_img read more

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