3 Articles match "2007","January","Phoenix"

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High-End Foreclosures Rising Among Top Tier Homes
Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). Brady confirmed McCabe’s statements, claiming 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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Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. percent from February 2007, although the median home price of a new home increased 8.2 Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. 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 them as bad, the market takes
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
percent), followed by Phoenix (-26.5 percent from May 2007 to a level below where home prices stood back in January 2000. Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. 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 . In the movie, Brooks’ character nervously sweats every
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Home Prices Fall Deeper Into the Abyss
    percent), followed by Phoenix (-26.5 percent from May 2007 to a level below where home prices stood back in January 2000. Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. 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 . In the movie, Brooks’ character nervously sweats every
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. percent from February 2007, although the median home price of a new home increased 8.2 Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. 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 them as bad, the market takes
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). Brady confirmed McCabe’s statements, claiming 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