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31 Articles match "California","Houses","Trends"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
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. McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold
www.realtytrac.com
- Tuesday, February 3, 2009
Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Heres some of the latest news articles written about attempts to either avoid or stop foreclosure in its tracks: Helpful Resources: (links will open in a separate window) • Real Estate Agents Spread the Word on Avoiding Foreclosures • Consumer Group Proposes Moratorium on Foreclosures • Treasurer creates task force to combat county foreclosures • State officials, lenders meet on foreclosures • HUD Stresses Promotion and Protection at California Homeownership
www.realtytrac.com
- Tuesday, February 3, 2009
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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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California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. If the results of this latest risk index prove true to form, there most likely will be more foreclosures coming down the pipeline as distressed homeowners in those areas find themselves in a situation where they can’t sell their way out. Posted 02-06-2007 9:05 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend Market Risk Index just released by the PMI Mortgage Insurance Co.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Foreclosures 2007: Steady As She Goes
Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. seem to indicate that California is economically sound and stable. Still, enough of the prime indicators are projected to turn and remain A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. The state hit its peak towards the end
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Burning Down the House
Foreclosures nationwide are heating up, especially in once-supercharged real estate bubbles like Florida, California, Nevada and Arizona. At RealtyTrac , we’ll keep you informed of these and other developments. Posted 10-04-2007 2:51 PM by Octavion Filed under: Foreclosure Trends , arson Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A 'Dialogue' on the Housing Market
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 Please feel free to comment on this article, or write an e-mail to us at: editor@foreclosurepulse.com . Posted 11-29-2006 9:05 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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. 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 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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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. 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. While these loans certainly can be used for good, too often consumers don’t fully understand the risks involved.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Obtaining a Foreclosure List
Price: $0.00 Know how much your house is worth? Ever thought of selling your house yourself. Going at it solo may not be all that easy, but here are some tips. More > View Your States Foreclosure Trend Youre definitely not alone. View your states foreclosure trends and other useful details. Obtaining a Foreclosure List Search Properties | Free 7-Day Trial Obtaining an up-to-date foreclosure list thats reliable can now be done fast and easy with internet access. A
www.realtytrac.com
- Tuesday, February 3, 2009
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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 a 2 percent drop in
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Latest Census Data Suggest More Foreclosures Coming
homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble? Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Will the thinly stretched finances of U.S. A new report just released by the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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