9 Articles match "California","Homes","Presentation"

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• California Consumers Hit the Skids
  
  The Center’s California Composite Index of Consumer Sentiment stood at 57.6 The report cites concerns about the housing market, gasoline prices, the job market and the volatility of the stock market as key to the negativity among consumers about present and future economic conditions. These concerns are genuinely justified in California, the state which has led the nation in total properties with foreclosure filings for 19 out of the last 20 months, according to RealtyTrac . Analysts at the A. Gary Anderson Center for Economic Research at Chapman University in
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Data Suggests Decline in California Foreclosures
  
  California’s latest economic numbers reported by forecasters at the A. None of the factors that contributed to the last great rush in the state’s foreclosure pipeline back in the early 1990s is present this time around. 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
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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. LONG BEACH, Calif. — The CAR forecast also calls for
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures: Chicken or Egg?
  
  One Southern California economist believes they’re clearly a symptom. “I and Director of the Real Estate Research Council of Southern California . Carney pinpointed the root cause of Southern California’s cooling housing market as a somewhat cryptic slowing of demand for housing in 2006. That slowing of demand had a domino effect, It’s a classic chicken-and-egg question: are foreclosures a cause or a symptom of the slumping housing market? I think there were troubles to start with; that’s what caused the defaults and foreclosures,” said Dr.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Jackson Takes a Final Bow at HUD
  
  One of the biggest projects Jackson was working on with HUD was the modernization of the Federal Housing Administration (FHA), an agency that insures home loans for approved lenders against borrower default. This project allows for a greater number of mortgages at higher loan limits to be sold on the secondary market, providing FHA insured loans to potential home buyers in more costly areas of the country. He gave himself a couple of weeks to clean out his desk, clear out of his office and say his final goodbyes to his staff. After that, Alphonso Jackson will probably be looking
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• You Too Can Predict the Future...Maybe
  
  The way things are going nowadays you too have about as much a chance of correctly predicting whether the nation and the state of California are either headed towards, or are already in, a recession as any of the professionals who do it for a living. think subprime loans have made it possible for a lot of low-income households to buy a home for the first time. Time to dust off those Ouija boards and take out the tea leaves. It’s a 50-50 crapshoot no matter which way you lean on the issue.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• I'll Take Sour Cream and Chives
  
  The five: California, Florida (the hanging chad capital of the western world), Michigan, Ohio and Georgia. Just an FYI: in the upcoming 2008 presidential election, California will have 55 electoral votes, Florida 27, Michigan 17, Ohio 20 and Georgia 15. Edwards had to deflect some controversy last week as it was revealed that the former North Carolina senator reportedly has invested $16 million in a hedge fund involving subprime lenders that are presently foreclosing No butter for me. Personally, I like my hot baked potato covered with sour cream and chives.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Fed Rate Decision is Ongoing'
  
  When I was in business school at the University of Southern California we spoke of an “ongoing concern” meaning a business enterprise of supposedly infinite duration. Even the National Association of Realtors, which originally thought the nation’s housing market would turn around significantly by year-end 2007, is pulling back a bit on its forecast , now calling for home sales to stabilize where they are this year, with noticeable improvement in sales activity by mid-2008. The Federal Reserve is starting to sound like a broken record. Oops!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bush Foreclosure Solution Just Adds Water
  
  At present, under the Tax Code a homeowner who loses a home to foreclosure has to pay income taxes on any portion of the mortgage debt the lender may decide to forgive. Given such reasoning, amending the legislation’s core concept may indeed be justified because in the free market system under which this country operates homeowners, like any other consumers, should not be rewarded for making bad financial decisions in purchasing more home than they could really afford in the first place. It wasn’t very long ago that President George W. Bush came out with a public policy
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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