2 Articles match "Bargain","Detroit","January"
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Home Price Appreciation Stays Sluggish
Not coincidentally, Michigan documented the nation’s second highest foreclosure rate in January 2007, according to RealtyTrac’s U.S 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. The company’s 20-city composite index also declined in January from a year earlier, down almost 11 percent. 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 them as
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Home Price Appreciation Stays Sluggish
Not coincidentally, Michigan documented the nation’s second highest foreclosure rate in January 2007, according to RealtyTrac’s U.S 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. The company’s 20-city composite index also declined in January from a year earlier, down almost 11 percent. 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 them as
www.foreclosurepulse.com
- Tuesday, December 16, 2008