9 Articles match "2005","Press"

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• Foreclosures Inch Higher in May
  
  The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure is still significantly higher than it was during the same period of 2005, we’ve now seen two months of decreasing foreclosure rates followed by May numbers that were essentially flat. RealtyTrac just released state and national foreclosure statistics for the month of May .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Goes Out Like a Lamb
  
  See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100 Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. A glimmer of hope or the calm before the storm? Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Negative Savings Rate Portends More Defaults
  
  percent in 2005. Not since the Great Depression has the personal savings rate registered in negative territory for two consecutive years, according to an Associated Press article on the report. million foreclosure filings were reported nationwide during the year, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 U.S. A Commerce Department report released last week confirmed that Americans are continuing to spend more than they make, setting the stage for more increases in foreclosure activity in 2007. The Personal Income and Outlays report
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Florida Homeowners Overconfident Despite Foreclosures?
  
  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 the state. One local expert quoted in press reports last week suggested that increasing foreclosure activity in Florida may become a trend rather than a momentary blip on the housing radar screen. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Forecasters Change Housing Estimates for '07/'08
  
  The worst of the downward national housing price spiral is not over,” said economist and Chapman President James Doti in a press release distributed Tuesday . “Our According to their latest figures, Doti noted that price appreciation on resale housing peaked during the third quarter of 2005 at 14.2 The nation’s housing market is not cooperating the way analysts at the A. Gary Anderson Center for Economic Research at Chapman University in Orange, Calif.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Extreme' Dream Gone Bust
  
  ABC’s Extreme Makeover Home Edition came to the rescue, demolishing the Harper’s old run down home with a faulty septic tank and replacing it with a 5,300 square-foot, two-story dream home in Lake City, Georgia. When the show first aired back on February 20, 2005, the home was the largest ever built in a week by the show. A published report by the Associated Press says that in addition to building the home with $450,000 worth of donated labor and materials, the partners and employees at Beazer also contributed $250,000 for the family, including scholarships for the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  The Detroit Free Press reported that "Detroit home sales shot up 30.8% Unfortunately our report only goes back to 2005, so we are now at the highest foreclosure rate levels weve seen since we began tracking this. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Foreclosures Mount, Candidates React to the Credit Crisis
  
  Clinton also wants the government to impose new disclosure requirements on mortgage brokers and curb their ability to dictate lending terms. “We need to act now with smart, practical solutions to strengthen our housing and mortgage markets,” Clinton told The Associated Press. “We 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. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little We sold in 2005 when we realized we could not buy in our neighborhood nor could any of our neighbors. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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