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For Sale - Commercial Foreclosure Properties, REO Properties and Bank-Owned Homes - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Fed Remains in Hibernation on Interest Rates
The recent actions of the Federal Open Market Committee may seem unresponsive to concerns of industries, like real estate, that believe lowering interest rates will help the industry pull itself up by its bootstraps and reverse the current downward trend. Although inflation pressures seem likely to moderate over time, the high level of resource utilization has the potential to sustain those pressures.” After 17 consecutive meetings of raising interest rates, and a switch over to new leadership under Ben Bernanke, the Federal Reserve went into hibernation last August and has remained there ever since.
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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8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
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- Tuesday, February 3, 2009
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July Foreclosure Report
Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent. This shift in percentages shows that a higher proportion U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008