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6 Articles match "2006","Houses","Metro"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. 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
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
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 percent from their peak in July 2006. "There quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures Fade in World Series Spotlight
The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. But for at least five games, the city has pushed concerns about the housing market and the economy to the backburner and chosen to focus on baseball: “The local news media have started calling Detroit "Tiger Town." Fans The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Of the top 50 metros, 19 face a more than 50 percent chance of declining home prices through the end of 2008. The Sacramento-Arden-Arcade-Roseville, CA, metro area topped the list with a score of 604 (a 60.4 Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Feb. Foreclosure Report: Are We at Bottom Yet?
If you look back at the RealtyTrac monthly reports, activity has increased on a year-over-year basis every month since January 2006, the first month that YOY stats were available. So the overall trend -- at least on a national basis -- is steadily upward. View full February report. Posted 03-13-2008 2:01 AM by joelc Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends , Real Estate Trends
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Fade in World Series Spotlight
The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. But for at least five games, the city has pushed concerns about the housing market and the economy to the backburner and chosen to focus on baseball: “The local news media have started calling Detroit "Tiger Town." Fans The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
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 percent from their peak in July 2006. "There quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Is Eight Enough?
Foreclosure Market Report released by RealtyTrac today. And while this upward trend in foreclosure activity is driven largely by a few populous states with volatile housing markets, there's no doubt the pain is spilling over into many other areas across the country. “Forty-eight ldquo;Forty-eight of 50 states and 95 out of the nation’s 100 largest metro areas experienced year-over-year increases in foreclosure activity in the second quarter," said RealtyTrac CEO James J. The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. 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
www.realtytrac.com
- Tuesday, February 3, 2009
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