|
|
22 Articles match "2007","Decline","Houses"
|
The Latest from RealtyTrac
|
MORE
|
|
Don't Dump Investors
After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. Introducing the Hope Now program in 2007, President Bush said “weve got a role, the government has got a role to play — but it is limited. The Census Bureau says that at the end of 2007 there were 128 million housing units in the U.S. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by 2007. A loan with four payment options may seem fairly understandable, but in the real world a lot of borrowers did not take out option ARMs because they wanted to make fully-amortizing payments. The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
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. quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 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 Home Price
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
-
|
The Best from RealtyTrac
|
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 Housing starts are expected to remain down in many parts 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
-
California Foreclosures 2007: Steady As She Goes
That said, foreclosure levels for 2007 are more likely to be a continuation of 2006, rather than a reprise of the early 1990s when foreclosures were rampant due to extensive job losses, high interest rates, high inflation and a resulting recession. Only a slight uptick in job creation throughout California is expected, along with low housing affordability, a larger inventory of unsold houses, declining home prices, lower sales volume and less residential construction. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Forecasters Change Housing Estimates for '07/'08
The nation’s housing market is not cooperating the way analysts at the A. Likewise, housing starts are forecasted to drop from their recent high in 2006 at 1.8 The worst of the downward national housing price spiral is not over,” said economist and Chapman President James Doti in a press release distributed Tuesday . “Our Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., had hoped it would.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Home Price Appreciation Stays Sluggish
An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of 2006 shows home prices were up 1.1 For the second consecutive quarter Michigan’s home price appreciation declined on a year-over-year basis, dropping 0.4 percent from the previous quarter and up 5.9 percent from the fourth quarter of 2005 — down from the 7.9
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). On a year-over-year basis the OFHEO reports that prices fell 3.1 percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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 the state’s
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Too Soon For a Comeback
Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3 percent from March 2007, can’t be certain. Although industry analysts were anticipating this monthly decline, according to Mortgage News Daily . At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Waning Confidence a Concern That May Help Foreclosures
Economics 401 – Effects of a housing ‘slump’? When James L. That question is: “What IF housing prices plummet?” If housing prices plummeted like they did back in the early 1990s, the loan-to-value ratio on many mortgages might force homeowners into foreclosure, providing new opportunities for real estate investors, speculators, real estate agents and anyone looking to buy a home from the foreclosure pipeline. Doti, president of Chapman University, updated his 2006 economic forecast for the nation, he did have one question that could throw a monkey wrench into the equation, and he called it, THE BIG IF .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Fannie: Q1 a Swift Kick in the Rear
billion loss reported for Q4 2007, it pales in comparison to the $961 million profit the GSE reported for the same quarter a year ago. ldquo;As the initial shock of home price declines dissipate and markets settle down from volatility of the last nine months, we’re seeing tremendous opportunity. As a result of the losses, Fannie is revising its forecast for home price declines from a 5 to 7 percent loss nationally for all of 2008, It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
May Home Prices Down 4.8 Percent
Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It percent from May 2007. quot;It is very hard to draw conclusions from a one-month number, especially in these uncertain times; but the numbers in the Pacific, East and West North Central Divisions may be good signs," said OFHEO Director James B. Lockhart in the release.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|
