2 Articles match "2005","Los Angeles","Rate"

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As Home Prices Plummet, When Will You Buy?
quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. percent decline and Los Angeles with a 26.2 We tried to do the right thing but are personally a bit peeved because we worked hard, paid our bills, and bit the bullet and sold in a downward market and now people who are in foreclosure or defaulting because they took out big loans they couldnt afford and pay 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Coastal Disasters = More Foreclosures?
Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. Florida had 124,721 foreclosures last year — a 2 percent increase from 2005, and a foreclosure rate of one new filing for every 59 households. Foreclosure Market Report. Add to that the fact that many of those homeowners who bought during the past two years financed their home purchase with one of those high-risk adjustable rate mortgages For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Coastal Disasters = More Foreclosures?
    Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. Florida had 124,721 foreclosures last year — a 2 percent increase from 2005, and a foreclosure rate of one new filing for every 59 households. Foreclosure Market Report. Add to that the fact that many of those homeowners who bought during the past two years financed their home purchase with one of those high-risk adjustable rate mortgages For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. percent decline and Los Angeles with a 26.2 We tried to do the right thing but are personally a bit peeved because we worked hard, paid our bills, and bit the bullet and sold in a downward market and now people who are in foreclosure or defaulting because they took out big loans they couldnt afford and pay 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE