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11 Articles match "2007","Foreclosures","Las Vegas"
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The Latest from RealtyTrac
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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?
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
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 led the nation’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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Las Vegas Foreclosure Activity Map
Since weve posted a foreclosure activity map for both Stockton and Detroit , I thought we should probably also include a map of Las Vegas, given its one of the top three on our list of 2007 metro foreclosure rates . Just like in Stockton and Detroit, the foreclosures are stacked on each other. In fact, Any of you living there in Las Vegas want to clue us in on what youre seeing on the ground? Posted 02-17-2008 8:49 PM by darenb Filed under: Foreclosure Trend
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Las Vegas
Shari Springer Springer Realty The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 percent higher than April 2007. The medium price of a single-family home sold in the Las Vegas area decreased by 3 percent from $243,169 in March to $235,875 in April, and down 22.7 percent jump over the 1,478 homes sold in March. The sales are 29.9
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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. To give you a more graphical view of the on-the-ground implications of foreclosure activity at the neighborhood level, weve created a map showing Detroit fourth-quarter foreclosure filings geographically. Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Surges in First Quarter
foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today. The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly U.S. Nevada reported the highest state foreclosure rate during the quarter, with one foreclosure filing for every 75 households
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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
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Home Prices Fall Deeper Into the Abyss
Biggest decliners on a yearly basis were Las Vegas (-28.4 percent from May 2007 to a level below where home prices stood back in January 2000. percent) and Las Vegas (-2.9 With home prices continuing to decline, both on a monthly and yearly basis, it stands to reason that distressed homeowners are not out of the woods yet if Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic. The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas.
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 percent decline in prices from the first quarter of 2007 — the largest yearly decline in the 20-year history of the index. “The rdquo; According to Case-Shiller, the weakest market in the country is currently Las Vegas, followed closely by Miami and Phoenix. 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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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 led the nation’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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
percent from February 2007, although the median home price of a new home increased 8.2 What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. the city with the nation’s highest foreclosure rate in February, according to RealtyTrac. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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