7 Articles match "California","Ideas","Sales"

• The Best from RealtyTrac

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• Bank-Repossession Beat Continues in March
  
  And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what is called a deed in lieu of foreclosure. The year-over-year increase in bank repossessions was even more dramatic in some
  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. Does it mean that the nation’s real estate market’s bubble finally burst to such an extreme that they have no idea of when it might turn around? Even the National Association of Realtors, which originally thought the nation’s housing market would The Federal Reserve is starting to sound like a broken record. Oops!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Trickle Down Effecting High-Tech
  
  Results of a survey conducted during the fourth quarter of 2007 by The NPD Group , a market research firm servicing the retail sector, revealed a direct correlation between areas hard hit by the housing crisis and a marked decrease in the sale of consumer electronics — like LCD televisions and notebook computers — and related products such as printer ink and paper. As you mention, the old real estate philosophy of living near where you work is the idea, but unfortunately not reality. The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Bush Foreclosure Solution Just Adds Water
  
  This can directly affect the homeowners’ ability, or desire for that matter, to proceed with such things as short sales and other types of workout situations that may offer them foreclosure relief, for instance. “…the Administration strongly believes this relief should be temporary to assist homeowners during the current mortgage market transition period and to avoid distorting consumer and lender decisions on new mortgage loans,” the statement said. Probably not in the near term at least, since most major lenders are still holding out from agreeing to workout deals and short sales.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Government Goes After Loan Officers
  
  The Securities and Exchange Commission alleges that five California brokers sold “unsuitable” securities to customers, primarily variable universal life policies (VUL). “Most Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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