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14 Articles match "2006","Florida","Year"
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The Latest from RealtyTrac
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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
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There and -29.3%, respectively, and all 20 cities are still in negative territory on a year-over-year basis." quot; And while modest appreciation could resume Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Prices in those metro areas were down 19.5
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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. We dont see these numbers as overly alarming, but there are certainly signs the housing market (especially from the perspective of homeowners and sellers) is not as strong as it was a year ago. foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Florida Homeowners Overconfident Despite Foreclosures?
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. Their least concern: falling victim to mortgage fraud -- even though the survey says that Florida is the top state in the nation for such fraud (something that is, unfortunately, always associated with real estate investors working in the foreclosure arena). Their biggest concern: being hit by a hurricane. Between those two extremes,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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2006 Foreclosure Filings Surpass 1.2 Million
million foreclosure filings were reported nationwide during 2006, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 households, according to the RealtyTrac 2006 U.S. The number of total foreclosure filings rose from about 885,000 in 2005 to 1,259,118 in 2006. The 2006 total represents more than 1 percent of U.S. More than 1.2 Foreclosure Market Report released yesterday.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Begin 2007 at Two-Year High
New foreclosure activity in January hit its highest level since RealtyTrac began issuing a national foreclosure report two years ago, with 130,511 new foreclosure filings reported during the month. That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state foreclosure rate for much of 2006, Colorado’s foreclosure rate dropped to fourth highest among the states thanks to a slight decrease in foreclosure activity in January. Nevada took the top spot with one new foreclosure filing for every 362 households.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Dips in February
foreclosure activity eased down 4 percent from the two-year high achieved in January. February foreclosure activity was down 4 percent from January but up 12 percent from February 2006. Based on the foreclosure activity in the first two months of the year, RealtyTrac is projecting around 1.6 million RealtyTrac released its February U.S. Foreclosure Market Report today, and the report shows that U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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US Foreclosures a Mixed Blessing in Q2
As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. On the positive side, foreclosure activity nationwide during Q2 2006 rose 25 percent over the same quarter last year to 272,109 properties . On the flip side, however, foreclosure activity nationwide decreased 16 percent between the first and second quarters of the year, meaning there are less properties to invest in, thus making the search for properties that will pencil out as a "good deal" even harder to find. Foreclosure Market Report suggests, there is both an upside and a downside to the latest numbers.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. LONG BEACH, Calif. — The CAR forecast also calls for a 2 percent drop in
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Coastal Disasters = More Foreclosures?
For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA). It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. It also brings back bad memories of dealing with insurance companies and very slow claims service. Back in 1994 something called “The
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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 OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. The most glaring example was Florida , which ranked second in home priceappreciation 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Surges in First Quarter
foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according to the RealtyTrac U.S. The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. U.S. Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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