4 Articles match "2006","December","Sales"

• The Best from RealtyTrac

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• 2007: Housing Slowdown Good for Foreclosures
  
  percent on average next year, after an almost 50 percent run-up in appreciation between 2001 and 2006, says the Chapman Economic & Business Review December 2006 . Housing starts are expected to remain down in many parts of the country, due to increased marketing time and inventories of unsold homes that grew from a 3.7-month supply in 2005 to a 7.3-month supply in 2006 at the national level. 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.
  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 . At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. 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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• 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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• Greed and Deceit Get Their Comeuppance in Any Cycle
  
  For all of today’s lenders who threw caution to the wind looking to cash in from the real estate frenzy of the past six years, the price they’re paying is bankruptcy, corporate dissolution or sale, or at least eliminating their subprime divisions. Even though an estimated 19 percent of all loans originated in 2005 and 2006 were subprime ARMs (according to a December 2006 report published by the Center for Responsible Lending ), there are still plenty of homeowners in the marketplace who are undergoing other distressing financial circumstances leading to foreclosure such as divorce, job
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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