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2 Articles match "America","Auctions","Foreclose"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). In California’s Orange County, around a quarter of the listings are either foreclosed properties owned by lenders or properties owned by people trying to do “short sales” or sell for less than the amount they owe the bank, according to several agents. “As High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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High-End Foreclosures Rising Among Top Tier Homes
Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). In California’s Orange County, around a quarter of the listings are either foreclosed properties owned by lenders or properties owned by people trying to do “short sales” or sell for less than the amount they owe the bank, according to several agents. “As High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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