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25 Articles match "2008","Homes","Research"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Rise in Home Values Keeps Foreclosures in Check
Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980. While this is good news for anyone who owns a home, there is a potential downside to this forecast for anyone Reaching a double-digit peak above 14 percent before dropping back to 9 percent over the past six months, the rate of price appreciation is still more than double the norm (4 percent) for the nation over time.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Data Suggests Decline in California Foreclosures
Gary Anderson Center for Economic Research at Chapman University suggest that the number of foreclosures for the state will continue to dwindle for the foreseeable future. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, first-time home buyers and real estate professionals who may be waiting for the long-anticipated flood of foreclosure inventory. California’s latest economic numbers reported by forecasters at the A. This sheds light on some of the most recent foreclosure
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Rise in Home Values Keeps Foreclosures in Check
    Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980. While this is good news for anyone who owns a home, there is a potential downside to this forecast for anyone Reaching a double-digit peak above 14 percent before dropping back to 9 percent over the past six months, the rate of price appreciation is still more than double the norm (4 percent) for the nation over time.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Forecasters Change Housing Estimates for '07/'08
    Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., million for 2008. Our forecast calls for housing prices to decline around 5 percent before relatively strong job growth helps to bring about a recovery by late 2008.” With the housing market languishing on the downslide, Doti expects export sales — which are forecasted to increase by almost $100 billion The nation’s housing market is not cooperating the way analysts at the A. had hoped it would.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • California Consumers Hit the Skids
    Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., for the second quarter of 2008, down from 66.3 state where home sales volume and home prices have been deflated while job layoffs continue to mount. Analysts at the A. are reporting consumer confidence among Californians at the lowest level recorded since it began tracking the economic indicator back in 2002.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures: Chicken or Egg?
    and Director of the Real Estate Research Council of Southern California . Carney was speaking at the research council’s most recent quarterly luncheon, where foreclosures were the topic of the day. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures Won't Break the Market Next Year
    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 reset to higher interest rates in both 2007 and 2008, he believes the number of defaults and foreclosures resulting from the increased mortgage payments will be “painful but won’t break the economy or the market.” Basing his comments on data collected on first mortgages
    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 At least not in 2008. Although home sales are starting to see some recovery, most experts are predicting that home prices have a while to go before they hit rock bottom. After all, 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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  • Mid-Year Report: Nation Not Over the Hump Yet
    We’re now mid-way through 2008 and the signs aren’t there yet to say for certain that we’re over the hump and on the way out of recession. Gary Anderson Center for Economic Research at Chapman University are looking to lead the way back to prosperity. In their June 2008 issue of the Economic & Business Review, the U.S. As it has in times past, real estate has led this nation into recession, and it will lead us out as well — when the signs are there for a recovery. But a recession it is nonetheless.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Defaulting on the American Dream: A Troubling Trend
    A rising number of Americans — particularly those who took out riskier adjustable-rate and subprime mortgages — are increasingly defaulting on their loans, according to figures released this week by RealtyTrac , providing striking evidence that a growing number of borrowers are at risk of losing their homes. Foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. Last year, 1,259,118 U.S. properties entered some stage of foreclosure, up from 850,000 properties in 2005, according to RealtyTrac research .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Trickle Down Effecting High-Tech
    The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection). Results of a survey conducted during the fourth quarter of 2007 by The NPD Group , a market research firm servicing the retail sector, revealed a direct correlation between areas hard hit by the housing crisis and a marked decrease in the sale of consumer electronics — like LCD televisions and notebook computers — and related products such as printer ink and
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
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