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13 Articles match "August","Prices","Real Estate"
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The Latest from RealtyTrac
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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
The Government Goes After Loan Officers
That said, whats plain is that the SEC has opened a new front in the mortgage responsibility debate. Interstate Commerce At first it may seem odd that mortgages are a federal matter since loans are secured by real estate and nothing is more local than dirt. But both real estate and mortgages have been considered within the stream of interstate commerce for decades. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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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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Home Prices Fall Deeper Into the Abyss
Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . Home prices in its original composite 10 metro areas fell to a new record low, down 16.9 percent In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator. Well, the nation’s homeowners are sweating it out now, being taken on the descending elevator ride of their lives, especially those
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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Latest Census Data Suggest More Foreclosures Coming
Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). 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 Moreover, the state ranked 11 th nationally in total number of foreclosures for August 2006, an increase of 95 percent over August Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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UCLA: Crash and Burn Unlikely for National Economy
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. 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 Now, however, some clouds are starting to appear on the horizon, and as air currents are changing, pilots are starting to throttle back and slow things down a bit, and distressed homeowners are belted into their seats as they find themselves in for a more bumpy ride in the foreseeable future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed Remains in Hibernation on Interest Rates
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. 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. On Wednesday the watchdog of federal monetary policy did what many economists expected it to do and hit the snooze button yet again, deciding to keep the short term federal funds rate at its current level of 5.25
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. This move by the Fed is recognition of the fact that further increases in oil prices threaten the economy by pushing up prices in goods and services, according to the New York Times . 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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Customers, Employees Credited for RealtyTrac's Deloitte Fast 50 Ranking
Saccacio credited the company’s continued success to a loyal customer base of real estate investors, home buyers and real estate professionals who continue to see the value of the information and research tools RealtyTrac provides to successfully take advantage of foreclosure opportunities where they present themselves. This latest award comes on the heels of RealtyTrac’s selection in August as the 53rd fastest growing privately-held company in America by Inc. RealtyTrac was named to the Technology Fast 50 list for 2006 by the accounting firm of Deloitte & Touche USA LLP at an awards ceremony held Tuesday.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Room Enough for a Catnap
In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting. Local residents got their first glimpse of the cat family — two adults and three kittens — on August 27. What are they waiting for? Hopefully the right time to pounce on a devastated market, timing the bottom of the market before the turnaround begins.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Extreme' Dream Gone Bust
The home, built with the help of 1,800 volunteers and Atlanta-based Beazer Homes, is now scheduled for public foreclosure auction on August 5. Most investors won’t touch a property like this, which probably has little or no equity, since they are looking for a discounted price. So look for a listing on the local MLS soon. Posted 07-30-2008 3:30 PM by joelc Three years ago Patricia and Milton Harper received a gift courtesy of reality television. ABC’s Extreme Makeover Home Edition came to the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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