7 Articles match "2009","Real Estate","September"

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• Real Estate Slump Isn't Over, Exec Says
  
  Real Estate Slump Isn't Over, Exec Says September 18, 2009, San Diego Union-Tribune Federal Reserve Chairman Ben Bernanke may think the recession is over, but the head of the nation's largest real estate services firm says the slump has two or...( Tags: Real Estate News real estate foreclosure statistics foreclosures rates foreclosur read more ) ...Tags:
  Foreclosure Pulse - Monday, September 21, 2009
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• California Home Sales and Prices Inch Up
  
  California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more ) ...Tags: Tags: foreclosure rates defaults foreclosur
  Foreclosure Pulse - Friday, October 16, 2009
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• Option ARM Borrowers Running Out Of Time
  
  Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: 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 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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• New York Versus Freddie Mac: Round One
  
  On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. big chunk of the real estate market will close down. This seems to make New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  Speaking at the start of September, Hermance said his bank had some 80,000 mortgages outstanding. But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. Volatile real estate markets such as today support such prudence.” Even with such caution, Higgins says “still we aren’t protected in every instance where values can drop even more substantially.” As part of its share-the-risk philosophy, ING reduces No Mortgage Meltdown For These Banks By Peter G. Miller  
  www.realtytrac.com - Tuesday, February 3, 2009
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• Fed Plays a Delicate Balancing Game With Rate Cut
  
  The problem is, many industry analysts are starting to come around to the idea that this “correction” may not bottom out until either year’s end 2008 or sometime in 2009. Today’s action, combined with the policy action taken in September, should help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and promote moderate growth over time,” the FOMC said in a statement published October 31. In a move aimed at quelling fears of a looming recession, the Federal Open Market Committee took the country’s teetering monetary affairs seriously two weeks ago and lowered the short term federal funds rate another quarter of a percentage point to 4.5
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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 quot; And while modest appreciation could resume in late 2009, prices won't be back to their 2006 peak until at least 2016, possibly 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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