Some homeowners are not sure that the end of the year is the time to list their home. They think the holidays and social activities will become more of a priority.
Freddie Mac’s U.S. Economic and Housing Market Outlook for November projects that home sales will strengthen along with the economy next year.
What have recent signs in the housing market shown us? What lessons should we be taking away from this? I have a few thoughts.
In October there was a significant increase (15%) in foreclosure filings, a category that covers default notices, scheduled auctions and bank repossessions.