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6 Articles match "2007","Houses","Los Angeles"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Room Enough for a Catnap
The original report that went out said they were mountain lions, according to The Los Angeles Times . Representatives of animal control services noted that bobcats are not known to attack people, but this family probably came down the hill looking for food and this particular house — which has been vacant for at least six months — has a koi pond in the backyard. A quick comparison of two zip codes in the Lake Elsinore area — 92530 and 92532 In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting.
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. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Room Enough for a Catnap
The original report that went out said they were mountain lions, according to The Los Angeles Times . Representatives of animal control services noted that bobcats are not known to attack people, but this family probably came down the hill looking for food and this particular house — which has been vacant for at least six months — has a koi pond in the backyard. A quick comparison of two zip codes in the Lake Elsinore area — 92530 and 92532 In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. 14, 2007 for $18,356, followed by a Notice of Trustees Sale being recorded on March 19, 2008. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became much more personal for one
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Coastal Disasters = More Foreclosures?
Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. Foreclosure Market Report. Add to that the fact that many of those homeowners who bought during the past two years financed their home purchase with one of those high-risk adjustable rate mortgages that is due to reset in 2007 or 2008 — and there is something for them to worry about. Most lenders will not fund a loan for a house that is uninsured. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
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. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas
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 Still, on a yearly basis existing home sales were down almost 24 percent from February 2007, and the national median sales price for all housing types for the month was down 8.2 percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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