2 Articles match "2010","America","Equity"

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High-End Foreclosures Rising Among Top Tier Homes
The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt, credit
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. Those of you who have owned a home for four or more years are probably sitting on ample equity (profit). Im glad I didnt put it in the stock market! I believe prices still have a way to go down, and Ill be ready to buy when I see better values in my area — maybe in 2009, but more likely in 2010. 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt, credit
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    For example you see Bank of America adopting a massive, systematic loan modification program. Those of you who have owned a home for four or more years are probably sitting on ample equity (profit). Im glad I didnt put it in the stock market! I believe prices still have a way to go down, and Ill be ready to buy when I see better values in my area — maybe in 2009, but more likely in 2010. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE