Author Archives: Orlando Rodriguez

Leading ‘Em On?

Is Forward Looking Indicator At The Heart Of Market’s Deferred Dreams? Or Does The Public Need To Be More Informed? By Orlando Rodriguez You always remember the one who broke your heart. All these years later, you can still feel the pain, taste the tears and still remember how foolish you felt, having been strung

Existing Home Sales Should March Higher

By Orlando Rodriguez Market watchers should expect that today’s Existing Home Sales report will show gains in the nation’s real estate sector, a result of low home prices and record low interest rates. After posting  slightly lower sales totals in February, this month looks to be more promising, as delayed contracts are expected to close 

High Rates of Foreclosure In Poorer Areas of City Holding Down Sales Prices

By Orlando Rodriguez   Bronx based attorney Dwayne Lloyd Samuel says that he feels like a prisoner in his own home. In 2007 he bought his co-op apartment, overlooking Yankee Stadium at the top of the market.  After putting close to $60k into renovations, he now struggles to make his monthly payments. He would gladly

U.S. home sales slightly down for February, prices kept low by distressed inventories.

By Orlando Rodriguez Sales of existing homes in the United States were down slightly in February, with investors continuing to account for a third of all sales and home prices moving up only slightly. The National Association of Realtors reported Wednesday that overall sales were down 0.9 percent last month, while large amounts of foreclosed

Existing Home Sales Continue To Rebound, But Distressed Properties Still Make Up The Bulk.

By Orlando Lee Rodriguez Sales of existing U.S. homes continue to rise, leaving supply levels at their lowest since March 2005. But foreclosed properties and short sales continue to make up a significant portion of the total, causing uneven growth and not helping depressed housing prices. Lower prices are continued good news for bargain hunters