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99 Articles match "2008","Homeowners","Real Estate"
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The Latest from RealtyTrac
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Don't Dump Investors
It appears everywhere and is never challenged, as if real estate investors are somehow disposable players in the foreclosure mess. 23, 2008.) Our Secretary of the Treasury, Henry Paulson, says “as our economy works through this difficult period, we will look for additional opportunities to try to avoid preventable foreclosures. However, none of these efforts are a silver bullet that will undo the excesses of the past years, Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies
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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Distressed Homeowners: Rules of Engagement
As foreclosures proliferate and home prices stagnate in many real estate markets across the country, more investors and buyers are considering foreclosures as an opportunity to find bargain
RealtyTrac Article Library
- Thursday, February 21, 2008
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Distressed Homeowners: Rules of Engagement
As foreclosures proliferate and home prices stagnate in many real estate markets across the country, more investors and buyers are considering foreclosures as an opportunity to find bargain
RealtyTrac Article Library
- Thursday, February 21, 2008
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Mayors Predict Rising Foreclosures in 2008
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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat. But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news. RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Florida Homeowners Overconfident Despite Foreclosures?
Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future. Their least concern: falling victim to mortgage fraud -- even though the survey says that Florida is the top state in the nation for such fraud (something that is, unfortunately, always associated with real estate investors working in the foreclosure arena). Their biggest concern: being hit by a hurricane. Between those two
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Statue Offers Homeowners a Prayer' of Hope
So far in 2008 nearly 240,000 households have been facing some stage of the foreclosure process on average every month. Even those homeowners who are not currently facing foreclosure may be at some point in time if they can’t sell their home. And then there’s those homeowners who just want to sell but don’t necessarily have to. No matter why they are trying to sell, today’s declining market is bad enough that some homeowners are starting to look at alternative options for intervention, choosing not to wait for government entities that promise to offer up a ray of hope a day late and a dollar short. According to a recent poll , government intervention is not the kind many buyers are looking to these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Michigan Goes Hollywood to Help Homeowners
In June 2008 — the most recent monthly ranking available from RealtyTrac — the Great Lakes State ranked fifth nationally, reporting 12,025 properties with foreclosure filings, accounting for 5 percent of the nation’s total foreclosure filings for the month. With all these distressed homeowners getting into financial trouble, combined with layoffs from the auto industry, it’s understandable that the state government may want to do something to promote homeownership and to educate its citizens about the details of what owning a home really means from a practical
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How Can Financially-Troubled Homeowners Prevent Foreclosure?
But many homeowners try to avoid dealing with their financial problems and dont realize there are options available. Remember, banks are in the money-lending business, not real estate. If you can’t reach your lender or they are making unreasonable financial demands from you, consider contacting a local community group. Nationwide, a growing number of community groups are helping distressed homeowners avoid foreclosure. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed Stands Fast on Rate; Little Solace for Homeowners
Needless to say, many real estate industry analysts are hoping the Fed continues to maintain this wait-and-see attitude towards the national economy for the remainder of 2007, giving the industry a chance to fully recover its lost luster after five years of prosperity. Although this bodes well for consumer loans, home equity lines of credit, and credit cards, it does little to alleviate the long-term effects starting to be felt by homeowners who signed on to very risky adjustable-rate subprime mortgages during 2005 and 2006. It wasn’t long after Ben Bernanke took over the reins of the Federal Reserve from Alan Greenspan that he put a halt to the 17 consecutive upward adjustments in the federal funds rate (FFR) — the short-term interest rate banks charge each other — back in August 2006.
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. The bottom line is: more homeowners — who most likely bought more home than their budgets could 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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