4 Articles match "2007","Inventory","Land"

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• FDIC Selling Off Detroit Inventory
  
  The property mix will include single-family, duplex, triplex and commercial properties plus land. Reporting 4,781 properties with foreclosure filings for the month, the Detroit metroplex saw a 10 percent decline in foreclosure activity from the previous month and was 45 percent below the activity level reported in July 2007. 30, 2008, at the Rock Financial Showplace. Posted 09-02-2008 8:45 AM by joelc Filed under: The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Now Homebuilders Face Foreclosure
  
  percent in 2007, the industry’s biggest drop in four decades, the Commerce Department said. Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  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. Economists believe there are four basic sources of wealth: land, labor, capital and entrepreneurial ability. 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 interest and activity.
  www.realtytrac.com - Tuesday, February 3, 2009
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• 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 In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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