Principal Sales Short sale 
Calculated Risk Real Estate
MARCH 13, 2025
emphasis added Mortgage Equity Withdrawal is an aggregate number and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). While year-over-year, negative equity increased by 7% from 1 million homes, or 1.8%
The Mortgage Report
JULY 11, 2025
I think in some cities, like Phoenix, we are starting to see a little bit of foreclosure or short sale happening. Some markets have huge housing shortages and homes for sale. year-over-year, pushing the number of homes for sale above 1 million for the first time since the winter of 2019. The housing market in the U.S.
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Calculated Risk Real Estate
JUNE 12, 2025
Mortgage Equity Withdrawal is an aggregate number and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). Unlike during the housing bubble, very few homeowners have negative equity now.
Marco Santarelli
APRIL 27, 2025
Skip the Mortgage Hassle (and Cost): No loan applications, no mountains of paperwork, no qualifying, and no monthly principal and interest payments stretching out for decades. Sales Are Slowing Down: According to the NAR data from April 24, 2025, reporting on March sales, existing-home sales slipped by 5.9% This was up 2.7%
Housing Wire
DECEMBER 21, 2022
On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. From NAR: Total existing-home sales waned 7.7%
Housing Wire
JULY 1, 2022
Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8% of the loans modified included a principal deferral, the OCC said. trillion in unpaid principal balance, the report said. year-over-year to 2,410, the OCC found. compared to 94.2%
Keeping Current Matters
JULY 28, 2021
million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. The 10% equity number is important because it enables homeowners to sell their houses and pay the related expenses instead of facing the hit on their credit that a foreclosure or short sale would create.
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