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10 Articles match "Associated","Press","Properties"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures Inch Higher in May
The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure is still significantly higher than it was during the same period of 2005, we’ve now seen two months of decreasing foreclosure rates followed by May numbers that were essentially flat. RealtyTrac just released state and national foreclosure statistics for the month of May .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Foreclosures Inch Higher in May
The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure is still significantly higher than it was during the same period of 2005, we’ve now seen two months of decreasing foreclosure rates followed by May numbers that were essentially flat. RealtyTrac just released state and national foreclosure statistics for the month of May .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Whitney Houston: Diva in Default
Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. property ownedby Whitney E. Actor Don Johnson narrowly avoided foreclosure by selling a property at the last minute, and Michael Jackson received a notice of default for an Encino, Calif., Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . The news service reports that one of two lots
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Fed's Cautionary Stance Predictable
just released its weekly report on jobless claims, noting that new claims for jobless benefits rose last week to the highest level seen in more than six years, according to the Associated Press . It means that we haven’t seen a market as ripe as this one since the early 1990s, with such a vast selection of properties available to purchase at significant discounts. Posted 08-07-2008 12:30 PM by joelc Filed under: Foreclosure Trends , Real Estate Trend Did anyone really expect anything else out of Ben Bernanke and the other 10 members of the Federal Open Market Committee this time around?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Even though prices are up, home sales volume is down dramatically -- just ask the National Association of Realtors -- homeowners are not refinancing anywhere near the levels seen even just a year ago, and the number of new homes under construction
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Extreme' Dream Gone Bust
A published report by the Associated Press says that in addition to building the home with $450,000 worth of donated labor and materials, the partners and employees at Beazer also contributed $250,000 for the family, including scholarships for the three children and a home maintenance fund. Still, for a potential homebuyer or investor looking for a newer property in a suburb of Atlanta, this is probably one of those properties that will go back to the bank as an REO. Three years ago Patricia and Milton Harper received a gift courtesy of reality television. ABC’s
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Legislating Lower Foreclosure Rates?
An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors. But opponents
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. What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. As the Associated When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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New Poll: Buyers to Remain on the Fence
If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. Thats where working foreclosure properties can really help attract hesitant buyers into the marke And that could be years down the road. A majority of those polled for the survey expressed pessimism over the nation’s housing contraction (as the Federal Reserve calls it) enough to not consider buying a home anytime soon.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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