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29 Articles match "2008","Example","Real Estate"
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The Latest from RealtyTrac
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No Mortgage Meltdown For These Banks
But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. Volatile real estate markets such as today support such prudence.” Even with such caution, Higgins says “still we aren’t protected in every instance where values can drop even No Mortgage Meltdown For These Banks By Peter G. Miller The news from
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? 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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Mayors Predict Rising Foreclosures in 2008
New York, for example, is expected to lose $10.4 billion in economic activity in 2008, followed by Los Angeles at $8.3 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends Comments Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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All Aboard, Take a Ride on the Foreclosure Bus Tour
How do buyers find foreclosures in a downward real estate cycle? real estate agent Cesar Dias has it all figured out. While many Stockton agents have hit a bump on the road in this slow real estate market, Dias is riding high. In September, for example, Stockton had 2,422 foreclosure filings, compared to 330 foreclosure filings That’s easy. In Stockton, Calif.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Lake Havasu, Ariz.
real estate market is still declining. In May 2008, there were 272 new listings, down 1.5 There were 134 sold listings in May 2008, down 15.52 For example, one sale I did 30 days ago, was a brand new 1,700 square foot home, with 3 bedrooms with a motor home garage 55 feet deep. 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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Foreclosure Activity Deflating or Just Deferred?
In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. But the increases in those categories started to slow down in 2008. U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Priced to Foreclose
The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. Leave acomment or e-mail us at editor@foreclosurepulse.com . Posted 06-02-2006 10:52 AM by darenb Filed under: Foreclosure Trends , Real Estate Trend A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Michael Jackson Property in Default
the home where his parents live. "The estate, worth about $7 million in the current real-estate market, is known as Hayvenhurst because of its address. This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. — On at least one other occasion this year, Michael simply missed payments on the $2 million mortgage. …
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Latest Census Data Suggest More Foreclosures Coming
Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). We appreciate your comments and feedback. Posted 10-05-2006 9:05 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trend Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures up 13 percent in February
For others, the numbers simply show that the real estate market is softening. How do these numbers play out in your area? Posted 03-22-2006 5:17 PM by darenb Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ohio Lawmaker Seeks Solution to Foreclosure Level
One example — Rep. And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. And as always we are interested in hearing your reaction, comments or feedback to this and any information we provide on this ForeclosurePulse.blog and our website: www.RealtyTrac.com . Posted 08-26-2006 8:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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