Number Crunch

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15 The percent of real-estate construction and development loans that were 90 days or more overdue at financial institutions whose deposits are insured by the FDIC, as of September 2009, up from 1.9 percent two years earlier, according to the Wall Street Journal. 21 The percent of home sellers that have lowered their asking price at least once as of January, down from 22 percent in December 20...

February 01, 2010

15 The percent of real-estate construction and development loans that were 90 days or more overdue at financial institutions whose deposits are insured by the FDIC, as of September 2009, up from 1.9 percent two years earlier, according to the Wall Street Journal.

 

21 The percent of home sellers that have lowered their asking price at least once as of January, down from 22 percent in December 2009 and 25.6 percent in November 2009, according to Trulia.

 

11,200 The number of solar-powered homes that Pulte Homes plans to build at two of its age-restricted Del Webb communities in Arizona.

25 The percent of National Association of Realtors members that have reported clients losing a sale due to botched or low appraisals, due primarily to the glut of distressed properties.

 

67.3 The percent of Americans who own a home, as of Q4 2009 — the lowest rate since the second quarter of 2000, according to the U.S. Census Bureau.

15 The National Association of Home Builders/Wells Fargo Housing Market Index in January (its lowest point since June 2009), after it fell one point from December 2009. Builders surveyed are concerned about the poor job market and the large number of foreclosed homes for sale.

 

<1 The percent of all homes currently at risk of foreclosure that will be approved for short sale by banks, according to real-estate market forecaster Housing Predictor. The firm believes short sales are unlikely to have a real impact on the housing market.

 

4,500,000 The estimated number of U.S. homeowners that owe 75 percent more than their home is worth, according to First American CoreLogic. That number is likely to peak at 5.1 million in June 2010.

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