3 Articles match "Auctions","May","Phoenix"

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High-End Foreclosures Rising Among Top Tier Homes
Maricopa’s Millionaire Mortgage Meltdown If Beverly Hills and Santa Barbara are too pricey, deals may be had in several other playgrounds of the rich and famous. In some of Phoenix’s priciest neighborhoods — including Scottsdale, Paradise Valley and Chandler — high-end foreclosures are starting to pile up. Homebuilders in Arizona, whose lavish incentives haven’t attracted buyers in the slumping market, are turning 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
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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 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 percent from a year ago, according
www.foreclosurepulse.com - Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
Dispatches from Detroit indicate that free-market forces may be the catalyst. That in turn allows lenders to start unloading foreclosure inventory, easing a heavy burden that has been weighing down the citys housing market. Different forces may be at work in Philadelphia, helping that citys foreclosure rate remain relatively low. Foreclosure sales originally scheduled for April and May will be postponed until at least July. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A Small Silver Lining in Q1 Foreclosure Storm
    Dispatches from Detroit indicate that free-market forces may be the catalyst. That in turn allows lenders to start unloading foreclosure inventory, easing a heavy burden that has been weighing down the citys housing market. Different forces may be at work in Philadelphia, helping that citys foreclosure rate remain relatively low. Foreclosure sales originally scheduled for April and May will be postponed until at least July. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    Maricopa’s Millionaire Mortgage Meltdown If Beverly Hills and Santa Barbara are too pricey, deals may be had in several other playgrounds of the rich and famous. In some of Phoenix’s priciest neighborhoods — including Scottsdale, Paradise Valley and Chandler — high-end foreclosures are starting to pile up. Homebuilders in Arizona, whose lavish incentives haven’t attracted buyers in the slumping market, are turning 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
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 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 percent from a year ago, according
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE