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31 Articles match "2007","California"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. 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.
www.realtytrac.com
- Tuesday, February 3, 2009
Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. million foreclosure filings predicted by RealtyTrac for 2007, the floodgates are open once again, just not as wide as they were in the early 1990s, and with a finite number projected. Here are some examples of what is being done to help turn the tide and stop foreclosure quickly for Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Foreclosures 2007: Steady As She Goes
Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. seem to indicate that California is economically sound and stable. That said, foreclosure levels for 2007 are more likely to be a continuation A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. The state hit its peak towards
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Flip, Hold or Fold?
Ryan Hartman works for a company that has been investing in foreclosures in Southern California since 1975 but recently decided to exit the residential marke
RealtyTrac Article Library
- Thursday, October 4, 2007
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Flip, Hold or Fold?
Ryan Hartman works for a company that has been investing in foreclosures in Southern California since 1975 but recently decided to exit the residential marke
RealtyTrac Article Library
- Thursday, October 4, 2007
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Fires Versus Foreclosures: Should There Be A Difference?
The fires that impacted much of California in late October were terrible to watch. Nearly 900,000 people were asked to leave their homes, evidence of a Katrina-like disaste
RealtyTrac Article Library
- Thursday, November 1, 2007
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Fires Versus Foreclosures: Should There Be A Difference?
The fires that impacted much of California in late October were terrible to watch. Nearly 900,000 people were asked to leave their homes, evidence of a Katrina-like disaste
RealtyTrac Article Library
- Thursday, November 1, 2007
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Stacking Up 2007 Metro Foreclosure Rates
It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No. Of course if a large number of people do that it could flood the rental market and drive down rental rates. Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Begin 2007 at Two-Year High
Texas, California and Florida continued to report the top three monthly foreclosure totals among all the states. 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
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. 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 over a year earlier, with an average score of 342.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Data Suggests Decline in California Foreclosures
California’s latest economic numbers reported by forecasters at the A. The current Chapman estimate is for 226,000 jobs to be created by year-end 2006, with another 150,000 jobs added during 2007. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, first-time home buyers and real estate professionals who may be waiting for the long-anticipated flood of foreclosure inventory. Gary Anderson Center for Economic Research at Chapman University suggest that the number of foreclosures for the state will continue to dwindle for the foreseeable future.
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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