4 Articles match "2006","2009","Bank Owned"

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Major Banks Still Grappling With Foreclosures
Whitney Predicts 25% Home Price Plunge Wall Street Journal, September 11, 2009 U.S. home prices–which have already tumbled nearly a third from the 2006 peak–could plunge by another 25% as high unemployment levels continue, according...( Tags: Bank-Owned/REOs foreclosures housing slum Too Gloomy? read more ) ...Tags:
Foreclosure Pulse - Friday, September 11, 2009
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High-End Foreclosures Rising Among Top Tier Homes
The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure
www.realtytrac.com - Tuesday, February 3, 2009
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Buying Bank-Owned REOs at the Auction - RealtyTrac
Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Major Banks Still Grappling With Foreclosures
    Whitney Predicts 25% Home Price Plunge Wall Street Journal, September 11, 2009 U.S. home prices–which have already tumbled nearly a third from the 2006 peak–could plunge by another 25% as high unemployment levels continue, according...( Tags: Bank-Owned/REOs foreclosures housing slum Too Gloomy? read more ) ...Tags:
    Foreclosure Pulse - Friday, September 11, 2009
    READ MORE
  • Buying Bank-Owned REOs at the Auction - RealtyTrac
    Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
    www.realtytrac.com - Tuesday, February 3, 2009
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  • High-End Foreclosures Rising Among Top Tier Homes
    The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure
    www.realtytrac.com - Tuesday, February 3, 2009
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  • As Home Prices Plummet, When Will You Buy?
    percent from their peak in July 2006. "There quot; And while modest appreciation could resume in late 2009, prices won't be back to their 2006 peak until at least 2016, possibly as late as 2020 in some markets, according to Shulman. (More Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure 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
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