3 Articles match "2007","Equity","Las Vegas"

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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
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As Home Prices Plummet, When Will You Buy?
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 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 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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Home Price Indices Reporting Record Lows
percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only house price index. “These ldquo;For homeowners and financial market observers, these declines spell further erosion in home equity levels and potentially more trouble for mortgage markets. percent decline in prices from the first quarter of 2007 — the largest yearly decline in the 20-year history of the index. “The 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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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
    READ MORE
  • Home Price Indices Reporting Record Lows
    percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only house price index. “These ldquo;For homeowners and financial market observers, these declines spell further erosion in home equity levels and potentially more trouble for mortgage markets. percent decline in prices from the first quarter of 2007 — the largest yearly decline in the 20-year history of the index. “The 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    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 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 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
    READ MORE