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19 Articles match "Associated","Homes","US"
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The Latest from RealtyTrac
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Existing Home Sales Rise for Fourth Straight Month in July
Pace of U.S. existing home sales fastest in 2 years August 21, 2009, Reuters Sales in July rose for the fourth straight month to hit an annual rate of 5.24 million units, the highest rate since August 2007, the National Association of Realtors said, beating...( Tags: rent and buy mortgage relief Home Sales foreclosure wav read more )
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Foreclosure Pulse
- Friday, August 21, 2009
Don't Dump Investors
These efforts are to help American families who both want to and can, through a loan modification or re-financing, stay in their homes.” Its not the governments job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.” Because investor properties lost to foreclosure will continue to flood the market, driving down all home values. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
You say you want to buy a home but have no money. Let me introduce you to the option ARM, an affordability mortgage product that can get you into the home of your dreams.... According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months Option ARM Borrowers Running Out Of Time By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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Existing Home Sales Rise for Fourth Straight Month in July
Pace of U.S. existing home sales fastest in 2 years August 21, 2009, Reuters Sales in July rose for the fourth straight month to hit an annual rate of 5.24 million units, the highest rate since August 2007, the National Association of Realtors said, beating...( Tags: rent and buy mortgage relief Home Sales foreclosure wav read more )
...Tags:
Foreclosure Pulse
- Friday, August 21, 2009
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As Home Prices Plummet, When Will You Buy?
Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ed McMahon Fighting Foreclosure
million loan for a home in Beverly Hills, California. McMahon’s home has been on the market for about two years and is listed for $6.25 The Hollywood dream home has six bedrooms, five bathrooms and is located on a hilltop and is part of a gated community called “ The Summit ,” according to the Associated Press . Send us your thoughts. Ed McMahon, who for decades appeared as Johnny Carson’s sidekick on “The Tonight Show,” is the latest casualty of an ever-growing foreclosure crisis that is gripping the nation. Yesterday, the Wall Street Journal reported that McMahon was $644,000 in arrears on a $4.8
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Dis-ARMament Aimed to Curb Foreclosures
These loans are what many in the banking and real estate industries say have helped home buyers get into their first home or purchase more home than they otherwise could afford using more conventional mortgage products. The National Association of Realtors (NAR) lauded the new consumer education efforts put forth by the government, but cautioned regulators not to restrict innovation in the mortgage lending sector. We welcome your comments and thoughts and encourage you to offer us feedback and suggestions. Concerned about the fallout from rising mortgage delinquency rates and foreclosures around the country, the federal government recently stepped into the fray, issuing new tighter guidelines aimed at dealing with so-called “exotic” adjustable-rate mortgages.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. The report also shows a national foreclosure rate of one new foreclosure filing for every 1,030 U.S. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
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. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
The Internet is rapidly and radically transforming the way people buy and sell homes. Today, in the new digital democracy, more than 80 percent of house-hunters use the Internet to help them find a home, according to the National Association of Realtors . Now, buyers and seller can see all the MLS homes online — for free! An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. 2) On Tuesday, the Standard & Poor’s/Case-Shiller home price index reported the worst decline in home prices since the company started tracking data back in 1987. 4) The U.S. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Subprime meltdown means jump in foreclosures
Panic is spreading in the U.S. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected. reported big losses from loan defaults due to sagging home prices and higher interest rates. And Doug Duncan, chief economist of the Mortgage Bankers Association in Washington, told Bloomberg News that more than 100 other lenders will go out of business this year. subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
U.S. Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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