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90 Articles match "2008","Real Estate","US"
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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
Option ARM Borrowers Running Out Of Time
See: "Option ARMs, Its Later Than It Seems," September 2008.) Lastly, we have the real attraction of option ARMs, the option payment itself, a payment which is insufficient to even pay off the monthly interest cost. Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by 2007. A loan with four payment options may seem fairly understandable, but in the real world a lot of borrowers did not take out option ARMs because they wanted to make fully-amortizing Option ARM Borrowers Running Out Of Time By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever. The Internet — and a new wave of technologically savvy Web-based real estate firms like RealtyTrac — is leveling the playing field for consumers, giving them access to vital information once controlled exclusively by real estate brokerages and a small circle of real estate professionals.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mayors Predict Rising Foreclosures in 2008
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. billion in economic activity in 2008, followed by Los Angeles at $8.3 Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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US Foreclosures a Mixed Blessing in Q2
As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. This is good news for real estate investors, agents and home buyers looking for a piece of the American Dream at a potentially more affordable price. Meanwhile, the number of properties entering some stage of foreclosure in California and Florida continued to decline during the quarter (7 percent and 13 percent respectively). Posted 07-27-2006 3:30 PM by joelc Foreclosure Market Report suggests, there is both an upside and a downside to the latest numbers.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Housing Starts Rise, Though Permits Fall
To say on top of all the latest news and events in the real estate industry, go to RealtyTrac’s News & Events section. Posted 03-21-2007 8:44 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trend The pace of new home construction jumped in February by the largest amount in more than a year, but building permits continued to decline, indicating future weakness in the housing market, according a new Commerce Department report today. Total housing starts rose 9 percent
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. The report also shows a national foreclosure rate of one new foreclosure filing for every 1,030 U.S. The next big wave of news may be a true real-estate slump, as hundreds of billions in adjustable-rate mortgages reset, making it even more difficult for homeowners in depressed markets to meet higher monthly payments. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Clash of Cultures at CAR Expo
The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006 provided a somewhat unvarnished glimpse into how some Realtors are responding to real estate websites that are lifting the veil on home valuations and other previously hard-to-find real estate data. In short, some Realtors take offense at such sites, which they see as giving consumers a false belief that much of the research involved in a real estate transaction can be done without the help of a Realtor. “I LONG BEACH, Calif. — I don’t think value is being inserted,”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Robbins Pumps Up Investors at Annex Expo
At the Learning Annex Real Estate & Wealth Expo here at the World Congress Center the same line could have applied to Anthony Robbins. The popular motivational speaker and advisor to celebrities, athletes and politicians definitely pumped up the crowd of 5,000 current and wannabe real estate investors attending the show. Even though his message was generic in nature, what Robbins had to say is directly applicable ATLANTA, GA — “We just want to . . . (clap) . . . PUMP . . .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Gentle Ben Says the "R" Word...Finally!
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. Friday, the U.S. Labor Department announced the loss of 80,000 jobs in March 2008, taking the nation’s unemployment rate from 4.8 Plus, let’s not forget that economy. But during his first day of testimony before Sen. Charles Schumer’s Joint Economic Committee this week, Bernanke reportedly admitted that the nation may actually be headed toward a recession.
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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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 Normally, on a holiday weekend, we have so many visitors all of us locals stay away from the Lake with lines a mile long to get on the Lake. 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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