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65 Articles match "Buyer","Houses"
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The Latest from RealtyTrac
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Don't Dump Investors
After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, they merely look at sale prices. The Census Bureau says that at the end of 2007 there were 128 million housing units in the U.S. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. They are the largest buyers of U.S. Housing prices must Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. With real roulette when gamblers lose the house wins. As to lender share prices and dividends, how attractive will such companies appear when huge numbers of loans are unpaid, especially if in many cases the size of the debt exceeds the value of the underlying properties? "Alternatively, if we restrict option loans now by regulation or lender choice, the pool of buyers will shrink and home prices Option ARM Borrowers Running Out Of Time By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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Housing glut gives foreclosure buyers and investors advantage
Storm clouds are gathering over the nation’s battered housing market. Fueling the latest concerns is a deluge of discouraging data in the housing sector. million vacant homes await buyers In addition to weaker sales and declining prices, a record number of homes are sitting vacant awaiting buyers. million empty houses were listed Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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For Sale - REO Houses and Bank-Owned Properties - RealtyTrac
REO House and Properties For Sale Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. Locate your perfect REO property: Find below-market priced properties Where to Look for that perfect REO House An REO house means real estate owned by the bank. Also called a bank foreclosure, this frequently happens once a home owner defaults on a mortgage, More than 1 million total properties including For Sale by Owner, New Construction, Resale, and Home Auctions! Your No.1
www.realtytrac.com
- Tuesday, February 3, 2009
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New Poll: Buyers to Remain on the Fence
If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. A majority of those polled for the survey expressed pessimism over the nation’s housing contraction (as the Federal Reserve calls it) enough to not consider buying a home anytime soon. And that could be years down the road. Other survey results included: • A quarter of the 769 homeowners included in the random sample of 1,002 adults surveyed
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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First-Time Buyers Get Help with CA Foreclosure Purchase
First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov. The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by CalFHA — such as Alameda, Contra Costa and Riverside counties — and the foreclosure property must be specifically set aside for the program and owned by one of the participating lenders — including Wells Fargo, HomeEq, CitiMortgage
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Forecasters Change Housing Estimates for '07/'08
The nation’s housing market is not cooperating the way analysts at the A. Likewise, housing starts are forecasted to drop from their recent high in 2006 at 1.8 The worst of the downward national housing price spiral is not over,” said economist and Chapman President James Doti in a press release distributed Tuesday . “Our Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., had hoped it would.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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New Illinois Housing Law Draws 2nd Suit
The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If Housing and Urban Development-approved counselor to make sure the would-be homeowner knows what he’s getting into. Two law suits have been filed against a controversial Illinois law that mandates financial counseling for certain consumers obtaining mortgages or refinancing loans in 10 ZIP code areas in Chicago.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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2007: Housing Slowdown Good for Foreclosures
housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 Housing starts are expected to remain down in many parts of the The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A 'Dialogue' on the Housing Market
Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. In California, for example, 27 percent of all mortgages were so-called “option ARMs,” where the buyer pays 1 percent interest and the underpaid amount gets added to the loan’s principal. “Our Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006. Now the stage is set.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Betting Everything on the House: 3 Risky Loans to Avoid
Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. Buyers who intend to own a home for a short time, or can handle higher payments in the future, may consider ARMs. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How to Receive a Free Mortgage Loan Quote at RealtyTrac
Whether a buyer is looking for first time home financing, foreclosure financing or one of the many other available options, it is best to go through the decision making process well-informed and with as little out-of-pocket expense as possible. For investors who want to be more informed and prepared for the complicated house financing process, obtaining a free mortgage loan quote can be the answer. How to Receive a Free Mortgage Loan Quote Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million
www.realtytrac.com
- Tuesday, February 3, 2009
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