80 Articles match "2006","Market"

• The Best from RealtyTrac

  MORE

• 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. Foreclosure Market Report released yesterday. The number of total foreclosure filings rose from about 885,000 in 2005 to 1,259,118 in 2006. More than 1.2 The 2006 total represents more than 1 percent of U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• 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
  READ MORE
• 2008 Year-End Foreclosure Market Report
  
  properties during the year, an 81 percent increase in from 2007 and a 225 percent increase from 200 A total of 3,157,806 foreclosure filings were reported on 2,330,483 U.S.
  RealtyTrac Article Library - Wednesday, February 4, 2009
  READ MORE
• 2008 Year-End Foreclosure Market Report
  
  properties during the year, an 81 percent increase in from 2007 and a 225 percent increase from 200 A total of 3,157,806 foreclosure filings were reported on 2,330,483 U.S.
  RealtyTrac Article Library - Wednesday, February 4, 2009
  READ MORE
• Bernanke: Free Market Can Curb Foreclosures
  
  Bernanke talked extensively about how he believes the Federal Reserve Board should respond to rising foreclosures — specifically in the subprime mortgage market. His conclusion came down in favor of the free market: "Credit market innovations have expanded opportunities for many households. Markets can overshoot, but, ultimately, market forces also work to rein in excesses. In remarks he made yesterday in Chicago, Federal Reserve Board Chairman Ben S. For some, the self-correcting pullback may seem too late and too severe.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosures Won't Break the Market Next Year
  
  Delivering the results of his research as part of an economists’ panel on the last day of California Realtor Expo 2006 in Long Beach last week, Christopher Cagan, Ph.D., Director of Research and Analytics for First American Real Estate Solutions, said that even with $1 trillion of adjustable-rate mortgages ready to reset to higher interest rates in both 2007 and 2008, he believes the number of defaults and foreclosures resulting from the increased mortgage payments will be “painful but won’t break the economy or the market.” Basing his comments on data collected on first mortgages
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• A 'Dialogue' on the Housing Market
  
  Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006. And with increased inventory levels and longer marketing times around the country, the prospect of distressed homeowners being able to bail themselves out is statistically against them. “If Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. Now the stage is set.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Subprime Market Sinking Further Into the Abyss
  
  The latest developments in the subprime lending market should have the entire real estate industry up in arms (figuratively and literally). Borrowers began feeling the effects of those resets during the second half of 2006. The problem has gone far beyond the $1 trillion worth of so-called “exotic” adjustable rate loans resetting in each of the next two years. Now the problem has dug down to the very roots of the lending industry and is shaking loose some of the largest subprime lenders, who are now falling into the abyss.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Motor City Tops MSA Foreclosure List in Q3
  
  As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• 2007: Housing Slowdown Good for Foreclosures
  
  housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. 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 percent on average next year, after an almost 50 percent run-up in appreciation 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
  READ MORE