4 Articles match "Bank Owned","Inventory","Miami"

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High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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; 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 If renters see little incentive to rent rather than owning a house, they will start buying. For example you see Bank of America adopting a massive, systematic loan modification program. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Cape Coral, Fla.
    The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Seattle, Wash.
    Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. It makes a transaction so much less of a nightmare, and in a few years you will have built yourself a great real estate portfolio in one of the best cities in the United States. Contact Nova Ukariha Shank or post comments below. Posted 05-27-2008 8:40 AM by NovaS Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • High-End Foreclosures Rising Among Top Tier Homes
    said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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; 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 If renters see little incentive to rent rather than owning a house, they will start buying. For example you see Bank of America adopting a massive, systematic loan modification program. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE