10 Articles match "Auctions","Florida","Year"

• The Best from RealtyTrac

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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned
  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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. It’s too early to say that the lower foreclosure numbers in states such as Ohio and Michigan represent a light at the end tunnel for the battered real estate industry, but it’s certain that the continued surge in foreclosures in populous states such as Florida and California will cast a shadow over the entire U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A (Relatively) Few Bad Apples Spoil the Barrel
  
  Still, nearly a quarter million properties in one month can have a significant impact on a housing market that is registering about 5 million existing home sales for the entire year . "Although quot;Although only about 2 percent of households nationwide will be in some stage of foreclosure this year, these properties contribute to already bloated inventories of homes for sale, and put downward pressure on home values," said James J. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. As far as condos go, about one out of every six condominiums listed in Orange County last year were either a short sale or a foreclosure,” says Veronica Hicks, a real estate broker in
  www.realtytrac.com - Tuesday, February 3, 2009
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• Now Homebuilders Face Foreclosure
  
  This week, Florida-based homebuilder Tousa Inc. Last year, the tumbling housing market claimed such large builders as Fort Lauderdale, Fla.-based Other developers are resorting to auctions to sell huge inventories of new homes, townhouses and condominiums. If 2007 was the year of the extinction of subprime lenders, then 2008 could shape up to be the 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S. And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Stacking Up 2007 Metro Foreclosure Rates
  
  Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year. Florida accounted for three metro areas in the top 20: Miami at No. Of course if a large number of people do that it could flood the rental market and drive down rental rates. It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Five other California metro areas joined Stockton in
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  20 and will provide a temporary, three-year change to the tax code to eliminate any taxes homeowners might face when banks renegotiate the terms of a home loan and forgive a portion of the outstanding mortgage debt. The auction was scheduled a few weeks down the road. Many times, says Randy Siems, a Missouri pre-foreclosure investor who made over $1 million in 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.
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. and -29.3%, respectively, and all 20 cities are still in negative territory on a year-over-year basis." Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Prices
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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