7 Articles match "California","Data","Estimate"

• The Best from RealtyTrac

  MORE

• Data Suggests Decline in California Foreclosures
  
  California’s latest economic numbers reported by forecasters at the A. The current Chapman estimate is for 226,000 jobs to be created by year-end 2006, with another 150,000 jobs added during 2007. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, first-time home buyers and real estate professionals who may be waiting for the long-anticipated flood of foreclosure inventory. Gary Anderson Center for Economic Research at Chapman University suggest that the number of foreclosures for the state will continue to dwindle for the foreseeable future.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosures Won't Break the Market Next Year
  
  The severity of that impact, however, is open to discussion — depending, of course, on how you choose to massage the data to prove your point. Delivering the results of his research as part of an economists’ panel on the last day of California Realtor Expo 2006 in Long Beach last week, Christopher Cagan, Ph.D., Director of Research and Analytics for First American Real Estate Solutions, said that even with $1 trillion of The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. All those who bought or refinanced
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Buying Foreclosures at the Auction: Make a Killing or Get Killed
  
  After attending several auctions as an observer, use your RealtyTrac foreclosure data and drive by several of the homes to check them out. You’ll also want to estimate the value of the property and set a maximum bid of about 60 to 70 percent below the market value, factoring in any repair costs. In California, if you are the winning bidder, you need to pay the entire amount in cash or cashier’s checks, so bring several checks in different “Buying foreclosed real estate at an auction is like having a license to steal,” says Larry Blachman , a Realtor who specializes in foreclosures and author of Buying Foreclosures at a Trustee’s Sale.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Housing glut gives foreclosure buyers and investors advantage
  
  Fueling the latest concerns is a deluge of discouraging data in the housing sector. Sales fell by more than 20 percent in Arizona, Virginia, California, Maryland and the District of Columbia. 2.1 An estimated 2.1 Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Bank-Repossession Beat Continues in March
  
  The year-over-year increase in bank repossessions was even more dramatic in some states: 619 percent in Arizona; 597 percent in New York; 557 percent in California; and 464 percent in Florida. Although we have not broken down foreclosure data by last sales price, we have broken it down by estimated market value at the time of the foreclosure, and that shows some interesting trends. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• High-End Foreclosures Rising Among Top Tier Homes
  
  In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. Brady confirmed McCabe’s statements, claiming that a growing number of high-end Hampton homes are falling into foreclosure — although the analysis of foreclosure data from RealtyTrac shows New York foreclosure properties in the $500,000 to $1 million range increased just 7 percent in 2007, and New York foreclosure properties valued at more than $1 million
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE