5 Articles match "2008","Inventory","Land"

• The Best from RealtyTrac

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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. 30, 2008, at the Rock Financial 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. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like 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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• Local Market Perspective: Seattle, Wash.
  
  Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. Lenders who have huge inventories of unsold REO properties are especially interested in selling their inventorie Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by better offers.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. We sold a condo and bought a single-family home.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  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. Economists believe there are four basic sources of wealth: land, labor, capital and entrepreneurial ability. According to the National Association of Realtors, the median price Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government
  www.realtytrac.com - Tuesday, February 3, 2009
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