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10 Articles match "America","Owned","Real Estate"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
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. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their
www.realtytrac.com
- Tuesday, February 3, 2009
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 Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? 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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Will Main Street Sink Wall Street?
The near-collapse of the two Bear Stearns hedge funds proves that the depth of America’s foreclosure fiasco is far from over. Fear and anxiety could trigger a massive sell-off, exposing other Wall Street financial institutions to the same excesses of America’s housing bubble on Main Street. While struggling borrowers are left to their own fate, Bear’s subprime blood bath might be a dress rehearsal for something bigger and scarier. Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). This list in Money magazine, supported by data acquired from RealtyTrac, is a prime example of this. And the winner is . . . Fort Collins, Colorado.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Lenders help their customers curb foreclosures
Bank of America Corp. Launch-Point helps job-hunting mortgage customers prepare resumes, practice for job interviews, find job openings and evaluate how the real job interviews went. NovaStar also is working on a test program with Option One Mortgage, owned by H&R Block Inc., Please feel free to comment on this article, or write an e-mail to us As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies to help curb mortgage delinquencies
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Customers, Employees Credited for RealtyTrac's Deloitte Fast 50 Ranking
Saccacio credited the company’s continued success to a loyal customer base of real estate investors, home buyers and real estate professionals who continue to see the value of the information and research tools RealtyTrac provides to successfully take advantage of foreclosure opportunities where they present themselves. This latest award comes on the heels of RealtyTrac’s selection in August as the 53rd fastest growing privately-held company in America by Inc. RealtyTrac was named to the Technology Fast 50 list for 2006 by the accounting firm of Deloitte & Touche USA LLP at an awards ceremony held Tuesday.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Mania and RealtyTrac's Sweet 16 Foreclosure List
Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. Trenton, NJ — Opening Bid: $83,700 MIDWEST REGION SEMIFINAL With bank-owned houses cheaper than a used car in Detroit, Michigan and Columbus, Ohio, why not buy the whole block? SW, Albuquerque, NM — Opening Bid: $83,892 This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure list. EAST REGION SEMIFINAL The dollar goes a long way in Pittsburgh.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
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. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their
www.realtytrac.com
- Tuesday, February 3, 2009
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Not Enough Rope in Administration's Lifeline' Program
The Administration has encouraged six of the nation’s largest lenders — Bank of America, Citigroup, Countrywide Financial Corp., This group of people is probably the one which needs this program the most, so long as they reaffirm their desire to continue to own the home. Many homeowners who could not cure the default once it occurred, nor could sell their property outright given the current state of the real estate market in most parts of the Just a few short months ago President Bush stood in front of the press and swore that it was not the federal government’s job to bail out either lenders who made bad loans or speculative homebuyers who purchased more home than they could rightly afford utilizing the so-called “exotic” or “liar loans” popularized over the past few years.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Federal Lifeline DOA for Most People
They would not be the first people in America stuck in that situation. But don’t expect us — the hardworking taxpayers of America — to bail them out of a situation they shouldn’t have gotten themselves into in the first place. We all have our own financial concerns to deal with in these troubling times. After listening to NBC Senior Correspondent Lisa Myers’ story on The Today Show last week, I am more convinced than ever that, as the old saying goes, people want their cake and to eat it too! In my personal opinion*, that’s not going
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Another Approach to $700 Billion Bailout
What do you think? Posted 09-29-2008 1:50 PM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
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 Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? 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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