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15 Articles match "Auctions","California","Trends"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. The auction was scheduled a few weeks down the road. Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The 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. 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
As Home Prices Plummet, When Will You Buy?
Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. In all, 92 properties were auctioned off in around five hours. They are sending them right to auction,” said Rob Friedman, chairman of REDC. “Sellers Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up 7 Percent in March
The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. Colorados foreclosure rate ranked second highest, followed by Californias foreclosure rate, which leapfrogged into third place thanks to a 36 percent jump in foreclosure activity. With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Thriller — Pay Up or Beat It
Following closely on the heels of another trophy property recently sold on the auction block, Michael Jacksons Neverland Ranch is set to possibly suffer a similar fate. is scheduled for a public auction at the Santa Barbara County Courthouse at 1100 Anacapa Street. The sprawling Jackson estate — located at 5225 Figueroa Mountain Road — sits on 2,800 acres of rolling hills in California’s wine county north For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. On March 19, at 1:00 p.m.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Up Across the Board in November
The report shows increases in all three phases of the foreclosure process — default, auction and bank repossession. Defaults and auctions each accounted for about 40 percent of the total, while bank repossessions accounted for about 20 percent of the total. California reported more than 19,000 new foreclosure filings, the most of any state for the second month in a row. Foreclosures hit their highest level of the year so far in November, with 120,334 new foreclosure filings reported nationwide during the month, according to the RealtyTrac U.S. Foreclosure Market Report
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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5 States = 55% of July Foreclosure Pie
California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. The foreclosure filings tracked in the report are default notices, auction notices and bank repossessions. California reported the most foreclosure filings of any state, with 39,013. foreclosure filings in July, according to the RealtyTrac U.S. Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Take a Spring Break
total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S. California reported 30,505 foreclosure filings during the month, the most of any state and up more than 200 percent from April 2006. Californias foreclosure rate Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. Foreclosure Market Report
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Survey Confirms Q1 Foreclosure Surge
That closely mirrored the trend in MBA’s foreclosure rate, which put the percentage of loans in the foreclosure process at 2.47 percent reported in the first quarter of 2007. The trend lines are even closer when looking at the RealtyTrac first quarter foreclosure rate (0.515 percent of total housing units with a foreclosure filing during the quarter), which was up 21 percent from the fourth quarter of 2007 — exactly the same percentage increase as the MBA foreclosure rate — and up 109 percent from the first quarter of 2007. The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Surges in First Quarter
The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy." Look for more local market perspectives coming soon and please post a comment on any of these posts if you have something to add, a question or a different perspective. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Secrets of Pre-Foreclosure Investing
Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. The auction was scheduled a few weeks down the road. Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
www.realtytrac.com
- Tuesday, February 3, 2009
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