3 Articles match "California","December","November"

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Secrets of Pre-Foreclosure Investing
On December 18, Congress passed new legislation to eliminate taxes on mortgage debt. In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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Foreclosures Exceed 100K for Fifth Month
foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest. But the 109,652 new foreclosure filings during the month still represented a 35 percent increase from December 2005 and marked the fifth consecutive month with a foreclosure total above 100,000, according to the RealtyTrac U.S. Texas foreclosure activity increased 4 percent, helping the state reclaim the top U.S. Foreclosure Market Report released today.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Housing glut gives foreclosure buyers and investors advantage
Sales fell by more than 20 percent in Arizona, Virginia, California, Maryland and the District of Columbia. 2.1 million empty houses were listed for sale during October, November and December, according to the Census Bureau . 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
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  • The Best from RealtyTrac MORE
  • Foreclosures Exceed 100K for Fifth Month
    foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest. But the 109,652 new foreclosure filings during the month still represented a 35 percent increase from December 2005 and marked the fifth consecutive month with a foreclosure total above 100,000, according to the RealtyTrac U.S. Texas foreclosure activity increased 4 percent, helping the state reclaim the top U.S. Foreclosure Market Report released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Housing glut gives foreclosure buyers and investors advantage
    Sales fell by more than 20 percent in Arizona, Virginia, California, Maryland and the District of Columbia. 2.1 million empty houses were listed for sale during October, November and December, according to the Census Bureau . 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
  • Secrets of Pre-Foreclosure Investing
    On December 18, Congress passed new legislation to eliminate taxes on mortgage debt. In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE