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8 Articles match "Bank Owned","California","REO"
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The Latest from RealtyTrac
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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. The source of those properties — various lenders who just wanted to get those foreclosures off of their books. “Some of these are new REOs. The banks are not putting them on the market with Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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May Home Prices Down 4.8 Percent
The Pacific Division, which includes Hawaii, Alaska, Washington, Oregon and California, reported a 0.3 We'll be posting those numbers as soon as they are available. Posted 07-22-2008 9:09 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REO Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy." Look for more local market perspectives coming soon and please post a comment on any of these posts if you have something to add, a question or a different perspective. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Survey Confirms Q1 Foreclosure Surge
State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. It’s too early to say that the lower foreclosure numbers in states such as Ohio and Michigan represent a light at the end tunnel for the battered real estate industry, but it’s certain that the continued surge in foreclosures in populous states such as Florida and California will cast a shadow over the entire U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. The source of those properties — various lenders who just wanted to get those foreclosures off of their books. “Some of these are new REOs. The banks are not putting them on the market with Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bank-Repossession Beat Continues in March
And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what is called a deed in lieu of foreclosure. But that may be better than the alternative — a costly and lengthy process that will
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Stacking Up 2007 Metro Foreclosure Rates
Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No. Of course if a large number of people do that it could flood the rental market and drive down rental rates.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure "Megatrends"
Lawyers in California — for a fee, of course — will show you how to damage your credit history for a decade or more and “walk away” from your debt. Banks and Builders Buckle If 2007 was the year of the mortgage meltdown, where hundred of subprime lenders became extinct, then 2008 could shape up to be the year where banks and homebuilders buckle under the crushing strain of debt. wave of foreclosure walkers could spawn $1 Foreclosures are rising. Home prices are falling.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
If renters see little incentive to rent rather than owning a house, they will start buying. Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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