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31 Articles match "2007","California","Foreclosures"
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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. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their
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 More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller
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. 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 the end of the year, taking the nation’s top spot for September, October and November. Economic data released recently by forecasters
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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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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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Stacking Up 2007 Metro Foreclosure Rates
It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. 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. Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No. 4, Sacramento at No. 5, Bakersfield at No.
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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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. Given that fact, it is no surprise that two out of those four metros also documented some of the highest foreclosure rates in the country for all of 2006. According to RealtyTrac’s year-end report for 2006 , Detroit 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
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. 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. This sheds light on some of the most recent foreclosure statistics published by RealtyTrac (see our latest report) , which show decreasing numbers of new filings in March and April, and May numbers up only slightly. None of the factors that contributed to the last great rush in the state’s foreclosure pipeline back in the early 1990s is present this time around.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Top Metro Foreclosure Rates
Fifteen of the cities with the top 25 metro foreclosure rates in the first half of 2007 were located in California, Florida and Ohio, according to the R ealtyTrac Midyear 2007 Metropolitan Foreclosure Report , released yesterday. California led the way with seven cities in the top 25, while Florida and Ohio both had four cities. The report ranks the foreclosure rate in the nation’s 100 largest metro areas. Stockton, Calif.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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