3 Articles match "Bargain","Citi","Detroit"

The Latest from RealtyTrac MORE
Home Price Appreciation Stays Sluggish
No other state registered declining appreciation rates, but several cities did — including Santa Barbara, Calif., Detroit, Reno, Nev., Investors should start finding more foreclosure bargains in areas with declining home price appreciation as more homeowners in financial distress arent able to refinance their way out of foreclosure. An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
Economic Indicators: Image Is Everything
the city with the nation’s highest foreclosure rate in February, according to RealtyTrac. percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. Many of these are markets that RealtyTrac is reporting as major sources of foreclosure activity for investors and first-time buyers looking for bargains in their real estate purchases. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
A Small Silver Lining in Q1 Foreclosure Storm
The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. Dispatches from Detroit indicate that free-market forces may be the catalyst. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • A Small Silver Lining in Q1 Foreclosure Storm
    The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. Dispatches from Detroit indicate that free-market forces may be the catalyst. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Home Price Appreciation Stays Sluggish
    No other state registered declining appreciation rates, but several cities did — including Santa Barbara, Calif., Detroit, Reno, Nev., Investors should start finding more foreclosure bargains in areas with declining home price appreciation as more homeowners in financial distress arent able to refinance their way out of foreclosure. An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    the city with the nation’s highest foreclosure rate in February, according to RealtyTrac. percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. Many of these are markets that RealtyTrac is reporting as major sources of foreclosure activity for investors and first-time buyers looking for bargains in their real estate purchases. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE