3 Articles match "2005","California","MLS"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. For example, the average savings on a foreclosure property in California was less than 20 percent. And foreclosure rates in California, New York and Washington were well below It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. January’s total was the highest since RealtyTrac began issuing its report in January 2005. Today, approximately 10 percent of the listed properties are short sales. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Short sales rising
    Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. January’s total was the highest since RealtyTrac began issuing its report in January 2005. Today, approximately 10 percent of the listed properties are short sales. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Where to find the best deals on foreclosures
    All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. For example, the average savings on a foreclosure property in California was less than 20 percent. And foreclosure rates in California, New York and Washington were well below It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE