2 Articles match "April","Foreclosures","Phoenix"

The Latest from RealtyTrac MORE
A Small Silver Lining in Q1 Foreclosure Storm
While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic. The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
percent), followed by Phoenix (-26.5 On a monthly basis, from April to May the worse decliners were Miami (-3.6 With home prices continuing to decline, both on a monthly and yearly basis, it stands to reason that distressed homeowners are not out of the woods yet if they need to sell their homes to escape foreclosure. For potential homebuyers, investors and real estate professionals, it means the flow of Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • A Small Silver Lining in Q1 Foreclosure Storm
    While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic. The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Home Prices Fall Deeper Into the Abyss
    percent), followed by Phoenix (-26.5 On a monthly basis, from April to May the worse decliners were Miami (-3.6 With home prices continuing to decline, both on a monthly and yearly basis, it stands to reason that distressed homeowners are not out of the woods yet if they need to sell their homes to escape foreclosure. For potential homebuyers, investors and real estate professionals, it means the flow of Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE