7 Articles match "2007","California","Course"

The Latest from RealtyTrac MORE
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 2.5 262
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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures Won't Break the Market Next Year
The severity of that impact, however, is open to discussion — depending, of course, on how you choose to massage the data to prove your point. 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 The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. All those who bought or refinanced
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • 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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  • 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosures: Chicken or Egg?
    One Southern California economist believes they’re clearly a symptom. “I and Director of the Real Estate Research Council of Southern California . Carney pinpointed the root cause of Southern California’s cooling housing market as a somewhat cryptic slowing of demand for housing in 2006. That slowing of demand had a domino effect, It’s a classic chicken-and-egg question: are foreclosures a cause or a symptom of the slumping housing market? I think there were troubles to start with; that’s what caused the defaults and foreclosures,” said Dr.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Credit Card and Mortgage Debt Fuels Foreclosure
    Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Of course, that could change as interest rates on adjustable-rate mortgages rise next year and beyond. Considering that the housing market is expected to continue to be slow through 2007, there could be increases in mortgage delinquencies — especially among high risk subprime loans. Debt! No word better describes why millions of Americans are now facing foreclosure.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures Won't Break the Market Next Year
    The severity of that impact, however, is open to discussion — depending, of course, on how you choose to massage the data to prove your point. 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 The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. All those who bought or refinanced
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosure "Megatrends"
    Lawyers in California — for a fee, of course — will show you how to damage your credit history for a decade or more and “walk away” from your debt. Banks and Builders Buckle If 2007 was the year of the mortgage meltdown, where hundred of subprime lenders became extinct, then 2008 could shape up to be the year where banks and homebuilders buckle under the crushing strain of debt. Foreclosures are rising. Home prices are falling.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • 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 2.5 262
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE