2 Articles match "August","Land","Sales"

The Latest from RealtyTrac MORE
UCLA: Crash and Burn Unlikely for National Economy
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. But while the economy’s air traffic controllers are first trying to chart new flight plans, the nation’s foreclosure activity is flying high — up 53 percent on a yearly basis — according to the RealtyTrac August 2006 U.S. 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
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. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . 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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  • The Best from RealtyTrac MORE
  • Will Homeowners Sink or Swim?
    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. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . 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
    READ MORE
  • UCLA: Crash and Burn Unlikely for National Economy
    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. But while the economy’s air traffic controllers are first trying to chart new flight plans, the nation’s foreclosure activity is flying high — up 53 percent on a yearly basis — according to the RealtyTrac August 2006 U.S. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE