11 Articles match "2007","Presentation","Real Estate"

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• Data Suggests Decline in California Foreclosures
  
  None of the factors that contributed to the last great rush in the state’s foreclosure pipeline back in the early 1990s is present this time around. The current Chapman estimate is for 226,000 jobs to be created by year-end 2006, with another 150,000 jobs added during 2007. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, California’s latest economic numbers reported by forecasters at the A. Gary Anderson Center for Economic Research at Chapman University suggest
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  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. 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. LONG BEACH, Calif. — The CAR forecast also calls for a 2 percent drop in the state’s
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures: Chicken or Egg?
  
  Michael Carney, Professor of Finance and Real Estate at Cal Poly University in Pomona, Calif., and Director of the Real Estate Research Council of Southern California . That slowing of demand had a domino effect, causing home sales to slow and home price appreciation to flatten and even go negative in the first quarter of 2007, according to Carney’s research. It’s a classic chicken-and-egg question: are foreclosures a cause or a symptom of the slumping housing market? One Southern California economist believes they’re clearly a symptom. “I
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Lake Havasu, Ariz.
  
  real estate market is still declining. percent from May 2007. percent from May 2007. I am seeing a rise in foreclosures and short sales far higher than May of 2007. Unfortunately, what folks hear in the news, for the most part, does not apply to Lake Havasu; with it being a second home community, people from out of state are not With a population of fewer than 55,000, the Lake Havasu, Ariz., With our beautiful Lake and hot summers, we are considered a vacation and second home community.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Too Soon For a Comeback
  
  At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. percent from March 2007, can’t be certain. percent from $217,400 in March 2007 to $200,700 last month. percent from their peak back in April 2007. The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy. Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Thanksgiving a Time to Reflect . . . on Foreclosures Too!
  
  We live in a country where we have the freedom to do almost whatever we want. — including the opportunity to own and invest in real estate. And the projections are that there will be much more foreclosure activity in 2007 and 2008, especially as the effects of an estimated $1 trillion in “exotic” adjustable-rate mortgages start being felt. As a legitimate real estate investor, professional, or potential home buyer, the next couple of Traditionally, Thanksgiving is a time we take to reflect on our lives and what we can do to make the world a better place in which to live.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Fed Rate Decision is Ongoing'
  
  Does it mean that the nation’s real estate market’s bubble finally burst to such an extreme that they have no idea of when it might turn around? And so does the real estate industry. Even the National Association of Realtors, which originally thought the nation’s housing market would turn around significantly by year-end 2007, is pulling back a bit on its forecast , now calling for home sales to stabilize where The Federal Reserve is starting to sound like a broken record. Oops!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• You Too Can Predict the Future...Maybe
  
  According to the Chapman Composite Index of Consumer Sentiment, while responses to the survey were negative when it came to the current and future economic conditions (to the lowest level seen since the survey began in Q3 2002), consumers did answer positively to their future spending plans for big ticket items (although the uptick was only 5 points for Q1 2008 after a 16-point decline for Q4 2007). The real question may be, how do consumers feel about it? Time to dust off those Ouija boards and take out the tea leaves. The way things are going nowadays you too have about as much
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bush Foreclosure Solution Just Adds Water
  
  Titled the “Mortgage Forgiveness Debt Relief Act of 2007,” HR 3648 is sponsored by Rep. At present, under the Tax Code a homeowner who loses a home to foreclosure has to pay income taxes on any portion of the mortgage debt the lender may decide to forgive. Stay tuned to ForeclosurePulse and RealtyTrac as this story continues to develop. Posted 10-05-2007 9:00 AM by joelc Filed under: Foreclosure Trends , It wasn’t very long ago that President George W. Bush came out with a public policy statement
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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