17 Articles match "2005","Homes","Households"

• The Best from RealtyTrac

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• Rise in Home Values Keeps Foreclosures in Check
  
  Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980. While this is good news for anyone who owns a home, there is a potential downside to this forecast for Reaching a double-digit peak above 14 percent before dropping back to 9 percent over the past six months, the rate of price appreciation is still more than double the norm (4 percent) for the nation over time.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Thrive in Third Quarter
  
  With home price appreciation slowing and the inventory of unsold homes expanding, the third quarter proved to be fertile ground for sprouting foreclosures, according to RealtyTrac’s quarterly foreclosure market report . More than 300,000 new foreclosure filings were reported nationwide during the quarter, up 17 percent from the previous quarter and up 43 percent from the third quarter of 2005. That brings the year-to-date foreclosure total to more than 900,000, more than in all of 2005 and on pace to hit 1.2 million by year’s end.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Latest Census Data Suggest More Foreclosures Coming
  
  Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Not only is San Diego unaffordable for many first-time home buyers, but, according to the RealtyTrac U.S. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
  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 That's one home mortgage foreclosure filing for every 92 households. 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. 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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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  According to the RealtyTrac Q2 2006 Foreclosure Market Report , the total number of foreclosures in Ohio actually declined by 30 percent from Q1 2006, although still up 85 percent from Q2 2005. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Florida Homeowners Overconfident Despite Foreclosures?
  
  Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future. Between those two extremes, other concerns included: a burst of the housing bubble, rising mortgage rates and depreciating home values. Their biggest concern: being hit by a hurricane. Their least concern: falling victim to mortgage fraud -- even though the survey says that Florida is the top state in the nation for such fraud (something
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Dealing With the Affordability Quandry
  
  In addition to real estate investors and agents, the RealtyTrac website can be a great help to first-time homebuyers looking for a way to get into a home at a price that is more affordable, even in areas where prices seem out of reach for most people. First-Time Buyer Housing Affordability Index (FTB-HAI) , it is a wake-up call for first timers in that it measures the percentage of first-time buyers who can legitimately afford to purchase a median-priced home in California. Affordability is the key here. Especially in light of the new consumer index just announced by the California
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Short sales rising
  
  Short sales occur when home prices fall and mortgage debt exceeds the value of the property. If the lender agrees, homeowners can sell their depreciated home and settle their debt for a reduced sum. January’s total was the highest since RealtyTrac began issuing its report in January 2005. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A (Relatively) Few Bad Apples Spoil the Barrel
  
  Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005. Still, nearly a quarter million properties in one month can have a significant impact on a housing market that is registering about 5 million existing home sales for the entire year . "Although According to the RealtyTrac U.S. Foreclosure filings were reported on 243,353 U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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