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9 Articles match "California","Presentation","Real Estate"
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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
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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures: Chicken or Egg?
One Southern California economist believes they’re clearly a symptom. “I Michael Carney, Professor of Finance and Real Estate at Cal Poly University in Pomona, Calif., and Director of the Real Estate Research Council of Southern California . Carney pinpointed the root cause of Southern 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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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 a 2 percent
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 Michael Carney, Professor of Finance and Real Estate at Cal Poly University in Pomona, Calif., and Director of the Real Estate Research Council of Southern California . Carney pinpointed the root cause of Southern 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
This will be a good thing in places like Southern California, for example. But despite Jackson’s best intentions, and all of his hard work to promote homeownership, the bottom line is that given the present economic environment, many homes that were insured against foreclosure by the FHA are now sitting in HUD’s portfolio. These “HUD homes,” like any homes that go back to a lender who forecloses, are a good potential pool of resources for investors and wannabe homebuyers looking to purchase bargain 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.
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. He may be correct — at least as to California — based on the latest California Consumer Confidence survey conducted by economists at the A. 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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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? And so does the real estate industry. The Federal Reserve is starting to sound like a broken record. Oops!
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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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. Stay tuned to ForeclosurePulse and RealtyTrac as this story continues to develop. Posted 10-05-2007 9:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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