4 Articles match "2006","Example","Florida"

The Latest from RealtyTrac MORE
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
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 For example you see Bank of America adopting a massive, systematic loan modification program. 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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Foreclosures up 13 percent in February
RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. Texas and Florida were on top in terms of sheer number of foreclosures. The article provided a great example of how rising interest rates can affect a homeowners monthly payments: "recent homebuyers with adjustable rate mortgages could experience a jump in interest rates of 3 to 4 percentage points in the next two years, as the typical 3 percent introductory rate is adjusted higher in annual increments. foreclosures increasing for the third month in a row. We show 117,259 properties
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Priced to Foreclose
    The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S. The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. homes are appreciating at the slowest quarterly rate since
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures up 13 percent in February
    RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. Texas and Florida were on top in terms of sheer number of foreclosures. The article provided a great example of how rising interest rates can affect a homeowners monthly payments: "recent homebuyers with adjustable rate mortgages could experience a jump in interest rates of 3 to 4 percentage points in the next two years, as the typical 3 percent introductory rate is adjusted higher in annual increments. foreclosures increasing for the third month in a row. We show 117,259 properties
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • 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 For example you see Bank of America adopting a massive, systematic loan modification program. 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
    READ MORE