It said an increase in the number of homes for sale meant properties were lingering on the market for longer and sellers were having to accept bigger discounts.
Across the country, more than 644,458 properties were lingering in bank ownership at the end of January, but even more — some 710,725 — were coming down the foreclosure pipeline, according to RealtyTrac, a real estate and foreclosure analysis firm.
Million-dollar-plus properties are lingering on the market for up to 90% longer than they did before Bear Stearns was bought by JP Morgan Chase in March.
Here's the back story: The 38-year-old shopping complex, which serves local residents as well as Disney World visitors and is free to visit (part of an effort to get hotel guests to linger on Disney property), was last expanded in the late 1990s.
This may surprise those who predicted a steady climb in the jobless rate for Britain, which has dealt with expensive bank bailouts, a burst property bubble and lingering recession.
When apartment deals are repeatedly turned down because the board wants a higher price, the properties end up lingering on the market.
And for now AOL can claim "stickier" fans: Folks who visited its Web properties lingered for almost seven minutes, compared with the three-minute visits for Yahoo users, says tracker Nielsen NetRatings.
Porter Ranch residents are moving home now that the Aliso Canyon gas leak has been capped, but there is a lingering fear: What's become of their property values?
In recent years, though, residential property prices have dropped 50percentt -- a lingering effect of the Asian financial crisis.
Plans are reportedly underway for a complete remodel of the.65-acre property, no doubt to ward off any lingering bad karma.
