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85 Articles match "2008","Houses","Properties"
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The Latest from RealtyTrac
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Don't Dump Investors
After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. 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. Because investor properties lost to foreclosure will continue to flood the market, driving down all home values. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks,
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
See: "Option ARMs, Its Later Than It Seems," September 2008.) The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. With higher home values properties could be readily sold or refinanced with little risk. With real roulette when gamblers lose the house wins. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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A Foreclosure Bargain for Their “Forever House”
Nestled at the top of a hill with a long private driveway, the bank-owned property sitting on a huge 40,946 square foot lot was exactly what she was looking fo Karen Krynen saw an opportunity.
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A Foreclosure Bargain for Their “Forever House”
Nestled at the top of a hill with a long private driveway, the bank-owned property sitting on a huge 40,946 square foot lot was exactly what she was looking fo Karen Krynen saw an opportunity.
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How to Sell Your House Quickly When Facing Foreclosure
If you are currently in foreclosure, strongly consider selling your property as a backup pla
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How to Sell Your House Quickly When Facing Foreclosure
If you are currently in foreclosure, strongly consider selling your property as a backup pla
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New Illinois Housing Law Draws 2nd Suit
The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If quot; The mortgage counseling law is generating a rising chorus of critics — from homeowners, lenders, realtors, investors, consumer rights advocates, title companies and others
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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2007: Housing Slowdown Good for Foreclosures
housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 Housing starts are expected to remain down in many parts of the country, The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A 'Dialogue' on the Housing Market
Still, owners of million-dollar properties, generally speaking, will normally have more cushion to work with in cutting prices and staying out of foreclosure than owners of the median-priced homes around the country, Saccacio concluded. Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006. Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Housing glut gives foreclosure buyers and investors advantage
Storm clouds are gathering over the nation’s battered housing market. Fueling the latest concerns is a deluge of discouraging data in the housing sector. million empty houses were listed for sale during October, November and December, according to the Census Bureau . That suggests that prices may have to fall further for sales Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Betting Everything on the House: 3 Risky Loans to Avoid
Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. The danger with ARMs is that the risk of readjusting upward is often too great to justify the minimal savings — especially if a borrower plans to hold onto the property for at least a couple years. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie: Q1 a Swift Kick in the Rear
CNNMoney reported last Tuesday that Fannie’s CEO Daniel Mudd is optimistic overall about the company’s future, but sees more challenges lying ahead for the rest of 2008 and possibly beyond. “As As a result of the losses, Fannie is revising its forecast for home price declines from a 5 to 7 percent loss nationally for all of 2008, to a 7 to 9 percent loss for the year, with significant regional differences in the rate of home price declines. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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