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19 Articles match "2005","Households","Real Estate"
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The Latest 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 Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures up 13 percent in February
We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. households. In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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. The run-up in home prices has resulted in a windfall to homeowners - their “household net wealth,” as the forecasters at Chapman call it, has grown by 36 percent in just three years – from $39 trillion at the beginning of 2003 to $53 trillion at the end of 2005. If you Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980. Reaching
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. households, the third highest monthly foreclosure rate reported this year. The next big wave of news may be a true real-estate slump, as hundreds Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat. But as
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Don't Back Down in September
RealtyTrac’s monthly foreclosure report shows 112,210 properties entering some stage of foreclosure during September, a decrease of less than 1 percent from August but an increase of more than 63 percent from September 2005. September’s foreclosure rate of one new foreclosure filing for every 1,030 households was the third highest monthly foreclosure rate year to date, behind only the foreclosure rates reported in August and February. Foreclosure activity in September didn’t back down much from the jump reported in the previous month, RealtyTrac reported today. Colorado, Nevada
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Downpour Continues in May
households received a foreclosure filing during the month, the highest monthly foreclosure rate since RealtyTrac began issuing its report in January 2005. It's apparent from the report that a high inventory of foreclosures will continue to saddle the real estate market. Let us know what you think. Posted 06-13-2008 2:00 AM by darenb Foreclosure activity continued its upward climb in May, increasing on a year-over-year basis for the 29th consecutive month, according to the RealtyTrac U.S. Foreclosure
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. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Moreover, the state ranked 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. As more and more mortgage lenders get 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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Foreclosures up 13 percent in February
We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. households. In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Florida Homeowners Overconfident Despite Foreclosures?
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 that is, unfortunately, always associated with real estate investors working in the foreclosure arena). Yet despite lower sales volume, FAR also reported that the states median home price continues to go up -- 11 percent on a yearly basis from May 2005, and 15 percent year-to-date, giving some credence to the 71 percent of homeowners surveyed by The Fund who believe that affordability is the biggest obstacle to homeownership in
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Exceed 100K for Fifth Month
But the 109,652 new foreclosure filings during the month still represented a 35 percent increase from December 2005 and marked the fifth consecutive month with a foreclosure total above 100,000, according to the RealtyTrac U.S. Colorado’s foreclosure rate of one new foreclosure filing for every 376 households was nearly three times the national average. U.S. foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ohio Lawmaker Seeks Solution to Foreclosure Level
And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. 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 It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Short sales rising
While short sales remain a small segment of the residential real estate market, the increase bears watching for investors, buyers and real estate agents. January’s total was the highest since RealtyTrac began issuing its report in January 2005. households. 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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