Overall home sales activity continues to improve.

CoreLogic today released its May CoreLogic MarketPulse report. Key findings in the report include:

  • The national housing market is transitioning to more stability in sales and home prices, with reasonable inventory levels and a declining share of REO sales.
  • Short sales, modifications, and other foreclosure alternatives are playing a larger role than in years past, and the flow of new foreclosures is declining with an improving economy.
  • Overall home sales activity continues to improve, with total sales eclipsing 410,000, up more than 20 percent from a year ago and the highest March sales rate since 2007.
  • While the national market continues to improve, it masks regional variation where some local markets are improving much more rapidly than others. The most improved markets from a year ago are Phoenix, Boise and Salt Lake City.

I guess its what you read, that tells the tale…


Foreclosures increase sales. Keep ‘em comin’.