6 Articles match "2008","Bargain","Land"

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• Foreclosure bargain for summer home of JFK's grandfather
  
  Kennedys grandfather sold for a bargain price at a Feb. The assessors office appraised the land for tax valuation at 1.3 Any RealtyTrac subscribers who attended this auction took advantage of a good bargain-buying opportunity. Posted 04-05-2006 2:17 PM by darenb Filed under: Foreclosure Auctions , Foreclosure Trend A post last week on The Real Estate Bloggers recounted how the former summer home of President John F. 28 foreclosure auction . The Hull, Massachusetts home of John F.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FDIC Selling Off Detroit Inventory
  
  In fact the agency’s head just announced this week that it has adjusted its estimate of how many of the nation’s banks are seriously in trouble of going out of business this year upward from 90 in Q1 2008 to 117 now. The property mix will include single-family, duplex, triplex and commercial properties plus land. For real estate investors looking 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
  
  Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. But many homebuilders — both publicly and privately held — will become extinct in 2008. So homebuyers and investors should start investigating these regions for bargains . 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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• Gentle Ben Says the "R" Word...Finally!
  
  Labor Department announced the loss of 80,000 jobs in March 2008, taking the nation’s unemployment rate from 4.8 Gentle Ben was hoping that lowering interest rates would make for a soft and “gentle” landing — which it hasn’t. At least not in 2008. Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But during his first day of testimony before Sen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• UCLA: Crash and Burn Unlikely for National Economy
  
  Home sales and housing starts, the report estimates, will both drop (12 percent and 26 percent respectively) with home prices declining on a year-over-year basis as the economy heads for a soft landing. For investors, real estate agents and potential homebuyers looking to RealtyTrac’s radar screen for answers, we will continue to monitor the trajectory of foreclosures and the economy’s control tower to provide you with the latest flight pattern information that will result in a win-win situation for every passenger involved in the foreclosure process — both buyers and investors looking for good
  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. 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. LONG BEACH, Calif. — At Wednesday’s Opening Session of California Realtor EXPO
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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