8 Articles match "2006","December","Real Estate"

• The Best from RealtyTrac

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• 2006: An Adjustable' Year for Foreclosures
  
  Based on data collected between December 18 and December 21, 2006, the survey cited three major conclusions: That the overall market share of adjustable-rate mortgages (ARMs) as a whole declined in 2006 as the savings gap in interest rates between ARMs and fixed-rate mortgages shrank; Lenders offered greater incentives (discounts) in 2006 in order to maintain the flow of ARM originations coming in the door; and Hybrid loans — particularly the very popular 5/1 ARM where the teaser interest rate is fixed for five years before the lender can push the interest rate upward — became the most popular
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Exceed 100K for Fifth Month
  
  foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest. 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. Foreclosure Rates - December 2006 Posted 01-16-2007 U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 2007: Housing Slowdown Good for Foreclosures
  
  The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Gentle January Foreclosure Increase
  
  Although they were up 57 percent from January 2007 and 8 percent from December, the January foreclosure numbers released today by RealtyTrac do not appear to represent the massive wave of foreclosures that is expected to hit sometime soon thanks to the rash of risky loans given to borrowers as late as just last year . And in either case, does that make the current market a good one in which to buy or invest in real estate? Its too early too tell if the relatively meek January numbers mean more distressed homeowners are staving off foreclosure thanks to increasingly pro-active lenders and government intervention , or if they just represent the first few raindrops of what will prove to be a violent thunderstorm.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Housing glut gives foreclosure buyers and investors advantage
  
  Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas in the last three months of 2006, according to the National Association of Realtors . million empty houses were listed for sale during October, November and December, according to the Census Bureau . Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Cagan: Big Scary Numbers, Little Impact
  
  Despite so many zeroes and commas in his numbers, however, Cagan assured industry professionals attending a recent meeting of the Real Estate Research Council of Southern California that those very long numbers will have little impact on the national economy, although they will pack quite a punch for the people most immediately affected by them – lenders, borrowers and investors. “This Based on his latest property surveys (conducted December 2006), the Director of Research and Analytics for First American CoreLogic concluded in his latest report titled, “Mortgage Payment Reset:
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Greed and Deceit Get Their Comeuppance in Any Cycle
  
  It’s a recurring theme in the real estate industry; mostly visible in the financial sector, although one would have to be a fool to believe it didn’t take place in every aspect of the real estate transaction. Although these two events took place during different real estate cycles and economies, comeuppance was similarly swift for both. Greed and deceit. And let’s not forget all the news stories out there about mortgage and foreclosure scams these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Forecasters Change Housing Estimates for '07/'08
  
  Likewise, housing starts are forecasted to drop from their recent high in 2006 at 1.8 percent (nationally) and then plummeted to 1 percent by the third quarter of 2006. With the housing market languishing on the downslide, Doti expects export sales — which are forecasted to increase by almost $100 billion in both 2007 and 2008 — to replace real estate as the major driver of economic growth in this country. 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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