6 Articles match "Arizona","Beach","Properties"

The Latest from RealtyTrac MORE
High-End Foreclosures Rising Among Top Tier Homes
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 construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . Jack McCabe, a real estate consultant in Deerfield Beach, Fla., 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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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. The expectations of the California Realtors is less bleak than a new housing report, "Housing at the Tipping Point," released this month by Moody’s Economy.com that predicts sharp declines, some nearing 20 percent in many metropolitan areas of California, Arizona, Nevada, Florida, Washington, D.C. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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March Mania and RealtyTrac's Sweet 16 Foreclosure List
1) Arizona — 1613 W Chipman Rd., SW, Albuquerque, NM — Opening Bid: $83,892 SOUTH REGION SEMIFINAL With many homeowners singing the post-Katrina blues in Louisiana and Mississippi, buying a foreclosure property is a slam dunk for seasoned real estate investors. Gretna, LA — Opening Bid: $25,000 2) Florida — 2224 Widener Ter, West Palm Beach, FL — Opening Bid: $10,000 3) Georgia — 3478 Thompson Dr NW, Atlanta, GA — Opening Bid: $76,500 4) North Carolina — 5032 Buckingham Dr., 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.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Flamboyant Foreclosures
    Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. As more and more well-heeled homeowners default on their mortgages and property taxes, homebuyers can scoop up these tony trophy properties. Consider these posh properties with all the grandeur and sophistication you deserve. 11000 South Ocean Blvd. But now some of the ritzy residences are increasingly falling into foreclosure. 33462 Auction Price: $40,000,000 SOLD: $22,000,000 If you think eight-figure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • High-End Foreclosures Rising Among Top Tier Homes
    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 construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . Jack McCabe, a real estate consultant in Deerfield Beach, Fla., 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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  • Exclusive Interview with Dave Webb of Hudson & Marshall
    As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
    LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. The expectations of the California Realtors is less bleak than a new housing report, "Housing at the Tipping Point," released this month by Moody’s Economy.com that predicts sharp declines, some nearing 20 percent in many metropolitan areas of California, Arizona, Nevada, Florida, Washington, D.C. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • March Mania and RealtyTrac's Sweet 16 Foreclosure List
    1) Arizona — 1613 W Chipman Rd., SW, Albuquerque, NM — Opening Bid: $83,892 SOUTH REGION SEMIFINAL With many homeowners singing the post-Katrina blues in Louisiana and Mississippi, buying a foreclosure property is a slam dunk for seasoned real estate investors. Gretna, LA — Opening Bid: $25,000 2) Florida — 2224 Widener Ter, West Palm Beach, FL — Opening Bid: $10,000 3) Georgia — 3478 Thompson Dr NW, Atlanta, GA — Opening Bid: $76,500 4) North Carolina — 5032 Buckingham Dr., 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.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Now Homebuilders Face Foreclosure
    in Arizona, Kara Homes Inc. Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. Hovnanian Enterprises in New Jersey, Beazer Homes in Atlanta, William Lyon Homes in Newport Beach, Calif., and For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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