Lingering debt from housing bubble still keeps housing supply off the market

Those who are no longer underwater but lack the equity for a move-up could sell if they wanted, but they are not listing their homes.

For many loanowners, the last eight years in borrower purgatory felt more like borrower hell. They’ve been trapped beneath their debts, and any remedies for t… – Lingering debt from housing bubble still keeps housing supply off the market

REO-to-rental companies helped many former owners stay in their homes

REO-to-rental companies enabled many foreclosed former owners to remain in their homes with lower monthly payments, a genuinely positive outcome.

When I went out to Las Vegas to buy houses, the banks were feverishly foreclosing and selling properties for whatever they could get. The discounts… – REO-to-rental companies helped many former owners stay in their homes

National home prices reach housing bubble peak nine years later

Restoring peak housing prices required record low mortgage rates during a period of weak growth and a falling home ownership rate.

It’s time to celebrate! National home prices reached the peak of 2006. Surviving homedebtors are regaining equity, surviving lenders have collateral backing… – National home prices reach housing bubble peak nine years later