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2 Articles match "Associated","Households","Land"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Will Homeowners Sink or Swim?
households, the third highest monthly foreclosure rate reported this year. 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 . Earlier in the year, there was a lot of discussion about a “soft landing” for the residential real estate market. 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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The Best from RealtyTrac
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MORE
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-
Will Homeowners Sink or Swim?
households, the third highest monthly foreclosure rate reported this year. 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 . Earlier in the year, there was a lot of discussion about a “soft landing” for the residential real estate market. 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
-
As Home Prices Plummet, When Will You Buy?
quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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