3 Articles match "Bank Owned","San Diego","Seller"

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As Home Prices Plummet, When Will You Buy?
Sellers just dont want to admit their houses are not worth that much. In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. If renters see little incentive to rent rather than owning Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures up 13 percent in February
In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing during pre-foreclosure." Georgia reported the nations highest foreclosure rate for the second month, with one new foreclosure for every 329 households. We dont see these numbers as overly alarming, but there are certainly signs the housing market (especially from the perspective of homeowners and sellers) is not as strong as it was a year
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
The banks are not putting them on the market with a Realtor first. Sellers want to speed up the process.” The first, in San Diego, drew an estimated 1,200 bidders. The day after the Los Angeles auction Friedman took his group to sell properties in Riverside and San Bernardino counties and drew a another crowd of more than 1,000. 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 MORE
  • Foreclosures up 13 percent in February
    In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing during pre-foreclosure." Georgia reported the nations highest foreclosure rate for the second month, with one new foreclosure for every 329 households. We dont see these numbers as overly alarming, but there are certainly signs the housing market (especially from the perspective of homeowners and sellers) is not as strong as it was a year
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Buyers Come Out in Droves For LA Auction
    The banks are not putting them on the market with a Realtor first. Sellers want to speed up the process.” The first, in San Diego, drew an estimated 1,200 bidders. The day after the Los Angeles auction Friedman took his group to sell properties in Riverside and San Bernardino counties and drew a another crowd of more than 1,000. 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
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    Sellers just dont want to admit their houses are not worth that much. In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. If renters see little incentive to rent rather than owning Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE