13 Articles match "August","Houses"

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• California Home Sales and Prices Inch Up
  
  California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more ) ...Tags: Tags: foreclosure rates defaults foreclosur
  Foreclosure Pulse - Friday, October 16, 2009
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• Those Who Lose Homes May Face State Tax Hit
  
  New-Home Sales Post Another Strong Gain August 26, 2009, Wall Street Journal New-home sales climbed more than anticipated in July, staging their fourth straight month of strong gains to add to evidence that the housing market is emerging from its long...( read more ) ...Tags: Tags: ForeclosureTrends foreclosures rate
  Foreclosure Pulse - Wednesday, August 26, 2009
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• How One City May Punish Banks for Foreclosures
  
  How One City May Punish Banks for Foreclosures August 24, 2009, TIME Magazine It's hard to drive down a residential street in Miami Gardens, Fla., and not see two, three, four houses in foreclosure. Some have been on the auction block since last year...( read more ) ...Tags: Tags: Foreclosure Sales
  Foreclosure Pulse - Tuesday, August 25, 2009
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• U.S. Suburbs Become Face of Foreclosure
  
  America’s Housing Market: Where It All Began August 20, 2009, The Economist Signs of stabilisation should not obscure the big problems still ahead. He is hardly your typical distressed seller. Hugh Hefner recently sold his personal residence in...( read more ) ...Tags:
  Foreclosure Pulse - Monday, August 24, 2009
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• Latest Census Data Suggest More Foreclosures Coming
  
  homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble? Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Will the thinly stretched finances of U.S. A new report just released by the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• UCLA: Crash and Burn Unlikely for National Economy
  
  percent as unemployment rises over the next several quarters and inflation continues its flight pattern above the nation’s comfort level “as the housing market continues to deteriorate.” Home sales and housing starts, the report estimates, will both drop (12 percent and 26 percent respectively) with home prices declining on a year-over-year basis as the economy heads for a soft landing. The nation’s economy, driven mostly by the real estate sector, has been flying at Mach 1 in clear blue skies for a number of years. Now, however, some clouds are starting to appear on the horizon,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Will Homeowners Sink or Swim?
  
  But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news. Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Back to Wait and See for the Fed
  
  percent back in August 2007 down to 2 percent last month, the Fed has decided to go back to the wait-and-see stance Chairman Ben Bernanke established when he first took over the reins of the agency back in August 2006. The ongoing housing contraction, along with stressed financial markets and soft labor markets are key concerns for the Fed, as are tight credit conditions and rising energy costs. The Federal Open Market Committee took the advice Wednesday of all the financial analysts and market watchers and did absolutely nothing with the short term Federal Funds Rate (FFR). After whittling away at the rate over time from a high of 5.25
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• No Place Like Home
  
  Tom Borroughs noted this week at a housing conference here, Kansas is not on the cutting edge of innovative legislation. But Borroughs and two other members of the Kansas Legislature who attended the conference admitted that now is the time to act to address housing concerns in the state. But it’s not only natural disasters that are impacting the state’s housing situation. As state Rep. Its legislature tends to sit back and learn from the successes and failures of legislation implemented in other states before it acts.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed Stands Fast on Rate; Little Solace for Homeowners
  
  It wasn’t long after Ben Bernanke took over the reins of the Federal Reserve from Alan Greenspan that he put a halt to the 17 consecutive upward adjustments in the federal funds rate (FFR) — the short-term interest rate banks charge each other — back in August 2006. In a statement released Wednesday , the FOMC seemed pleased with the overall progress of the economy in a positive direction, especially the housing sector. “Recent On Wednesday, the Federal Open Market Committee (FOMC) decided to keep its hands-off stance, leaving the FFR at 5.25 percent.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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