3 Articles match "Arizona","Beach","Recording"

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High-End Foreclosures Rising Among Top Tier Homes
Jack McCabe, a real estate consultant in Deerfield Beach, Fla., In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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 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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Now Homebuilders Face Foreclosure
in Arizona, Kara Homes Inc. Sales of new homes have suffered the biggest decline since records began in 1963. Hovnanian Enterprises in New Jersey, Beazer Homes in Atlanta, William Lyon Homes in Newport Beach, Calif., and Meritage Homes in Arizona. 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. But for many
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Flamboyant Foreclosures
In February, Veronica Hearst’s Manalapan trophy property — one of the most expensive foreclosures ever recorded — was sold at the Palm Beach County courthouse steps for an astounding $22 million. Twenty two million dollars, however, doesn’t seem like a bad deal when you consider that the stately Villa Venezio in Palm Beach, Fla., Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the ritzy residences are increasingly falling
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Flamboyant Foreclosures
    In February, Veronica Hearst’s Manalapan trophy property — one of the most expensive foreclosures ever recorded — was sold at the Palm Beach County courthouse steps for an astounding $22 million. Twenty two million dollars, however, doesn’t seem like a bad deal when you consider that the stately Villa Venezio in Palm Beach, Fla., Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the ritzy residences are increasingly falling
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    Jack McCabe, a real estate consultant in Deerfield Beach, Fla., In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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 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
    READ MORE
  • Now Homebuilders Face Foreclosure
    in Arizona, Kara Homes Inc. Sales of new homes have suffered the biggest decline since records began in 1963. Hovnanian Enterprises in New Jersey, Beazer Homes in Atlanta, William Lyon Homes in Newport Beach, Calif., and Meritage Homes in Arizona. 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. But for many
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE