9 Articles match "2005","Buying","Real Estate"

• The Best from RealtyTrac

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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I We'd like to hear from you when and if you plan to step in and start buying. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Appreciation Rates Foreshadow Foreclosures
  
  Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low. percent from the third quarter of 2005, down from a 10.06 The OFHEO report shows national house prices rose 7.73 percent increase in the second quarter and down from a high of a 13.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• For Some, Mortgage Meltdown Means Opportunity
  
  Although the trend started late in 2005, it accelerated to 1.2 As the market for risky mortgages collapses, dragging home values and stock prices down with it, many real estate investors and home buyers are seeing opportunities emerging on the horizon. One of the biggest reasons for increases in foreclosures comes from borrowers buying more house than they can afford. Cracks are appearing in the foundation of the housing market as shock waves — triggered by concern over a surge in bad subprime mortgages — jolted the stock market this week, sending the Dow Jones industrial average downward by more than 243 points, amid fears that a mortgage meltdown in the subprime lending sector could have broader economic implications.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Lake Havasu, Ariz.
  
  real estate market is still declining. Unfortunately, what folks hear in the news, for the most part, does not apply to Lake Havasu; with it being a second home community, people from out of state are not jumping on the buying wagon since their present homes, which are up for sale, are still not selling. The property was worth $550,000 in 2005, but today sold for $308,000. With a population of fewer than 55,000, the Lake Havasu, Ariz., With our beautiful Lake and hot summers, we are considered a vacation and second home community.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Lending Standards Continue to Tighten
  
  The results of a new survey released today by the Federal Reserve confirms what many people looking to buy or refinance already know — it’s hard to get approved for a loan. It’s good that banks are adopting more stringent lending guidelines than the virtually nonexistent ones they employed with the 2005 to 2007 vintage mortgages — which turned out to be highly susceptible to foreclosure. The Fed’s July 2008 Senior Loan Officer Opinion Survey , which covered 52 domestic banks and 21 U.S. branches and agencies of foreign banks, found that 75 percent
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Option ARM Borrowers Running Out Of Time
  
  You say you want to buy a home but have no money. You say monthly payments are unaffordable but you want to buy anyway. Lastly, we have the real attraction of option ARMs, the option payment itself, a payment which is insufficient to even pay off the monthly interest cost. Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Foreclosures Mount, Candidates React to the Credit Crisis
  
  Bill Richardson — taking aim at President Bush and the GOP — called the current financial crisis the “the Katrina of the mortgage-lending industry,” referring to the 2005 hurricane that devastated New Orleans. Bush and other GOP leaders have rejected Democratic calls for a federal bailout in response to the housing crisis. “It’s not the government’s job to bail out speculators, or those who made the decision to buy a home they knew they could never afford,” said Bush last week, announcing a new package of measures aimed at alleviating the impact of the subprime crisis on homeowners.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  Many more are losing their homes.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• No Mortgage Meltdown For These Banks
  
  But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. Fannie Mae or Freddie Mac doesn’t buy jumbos, mortgages with loan amounts above the “conventional” mortgage loan limit of $729,750 this year. As Hermance points out, “we make loans we’re willing to live with.” The performance at Hudson has not gone unnoticed: The stock is up 1,100 percent since the company went public No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street
  www.realtytrac.com - Tuesday, February 3, 2009
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