{"id":191487,"date":"2009-08-13T13:01:00","date_gmt":"2009-08-13T18:01:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/13\/you-think-that-housing-is-recovering\/"},"modified":"2009-08-13T13:01:00","modified_gmt":"2009-08-13T18:01:00","slug":"you-think-that-housing-is-recovering","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/13\/you-think-that-housing-is-recovering\/","title":{"rendered":"You Think That Housing is Recovering?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/img12.imageshack.us\/img12\/5470\/campbell5949948.jpg\" style=\"margin: 0px 0px 10px 10px; float: right; cursor: pointer;\" width=\"430\" \/>Calculated Risk <a href=\"http:\/\/www.calculatedriskblog.com\/2009\/08\/national-data-distressed-sales-and.html\">flags a survey showing that about 63% of all home sales are distressed in one manner<\/a>&#8230;.Look at the graph, and it appears that \u00bc of these are &#8220;trashouts&#8221;.  (!)<\/p>\n<p>This is confirmed by the fact that <a href=\"http:\/\/www.cnbc.com\/id\/32397338\">foreclosures hit a new record in July<\/a>.<\/p>\n<p>CR also notes, citing a <a href=\"http:\/\/www.campbellsurveys.com\/AgentSummaryReports\/AgentSurveyReportSummary-June2009.pdf\">report from Campbell Communications<\/a>, (PDF, and also the source of the pie graph) that only 29% of purchases are being made by current home owners&#8230;..The rest is new home buyers and investors, so there is very little &#8220;move up&#8221; buying too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculated Risk flags a survey showing that about 63% of all home sales are distressed in one manner&#8230;.Look at the graph, and it appears that \u00bc of these are &#8220;trashouts&#8221;. (!) This is confirmed by the fact that foreclosures hit a new record in July. CR also notes, citing a report from Campbell Communications, (PDF, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,1088],"tags":[],"class_list":["post-191487","post","type-post","status-publish","format-standard","hentry","category-finance","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191487"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=191487"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=191487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=191487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=191487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}