4 Articles match "Bank Owned","January","List"

The Latest from RealtyTrac MORE
High-End Foreclosures Rising Among Top Tier Homes
trolls the upper-end of the foreclosure train wreck, searching for million-dollar bank-owned listings. “The The high-end housing market is not immune to foreclosure,” said Brady, who handles bank-owned foreclosure listings. “Rich In January, properties entering some stage of foreclosure in Las Vegas outnumbered the sales of new and existing homes for the first time, according to a comparison of RealtyTrac foreclosure data and 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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Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Today, approximately 10 percent of the listed properties are short sales. If a short sale doesn’t work, it eventually becomes a bank-owned foreclosure. Last year, you rarely saw the phrase “short sale” in the MLS property description. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Feb. Foreclosure Report: Are We at Bottom Yet?
The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season. foreclosure activity was down 6 percent from January. The more important indicator is the year-over-year increase, which has been between February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Short sales rising
    Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Today, approximately 10 percent of the listed properties are short sales. If a short sale doesn’t work, it eventually becomes a bank-owned foreclosure. Last year, you rarely saw the phrase “short sale” in the MLS property description. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Feb. Foreclosure Report: Are We at Bottom Yet?
    The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season. foreclosure activity was down 6 percent from January. The more important indicator is the year-over-year increase, which has been between February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Lake Havasu, Ariz.
    In May 2008, there were 272 new listings, down 1.5 There were 134 sold listings in May 2008, down 15.52 My last seven sales have all been bank-owned homes, with over 171 contacts from my RealtyTrac source. Since January, I have seen builders giving away their product just to get out from under the declining market and stop the payments on their construction loans. With a population of fewer than 55,000, the Lake Havasu, Ariz., real estate market is still declining.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • High-End Foreclosures Rising Among Top Tier Homes
    trolls the upper-end of the foreclosure train wreck, searching for million-dollar bank-owned listings. “The The high-end housing market is not immune to foreclosure,” said Brady, who handles bank-owned foreclosure listings. “Rich In January, properties entering some stage of foreclosure in Las Vegas outnumbered the sales of new and existing homes for the first time, according to a comparison of RealtyTrac foreclosure data and 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