4 Articles match "2007","Long Beach","Real Estate"

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• When Foreclosure Is Not Politically Correct
  
  But the topic of foreclosure recently became much more personal for one Long Beach, Calif ., 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting a soft landing and few were expecting prices to fall and sales to plunge. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Won't Break the Market Next Year
  
  The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. Delivering the results of his research as part of an economists’ panel on the last day of California Realtor Expo 2006 in Long Beach last week, Christopher Cagan, Ph.D., Director of Research and Analytics for First American Real Estate Solutions, said that even with $1 trillion of adjustable-rate mortgages ready to The severity of that impact, however, is open to discussion — depending, of course, on how you choose to massage the data to prove your point.
  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 (MSAs)
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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