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  • California (10)
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10 Articles match "California","Residential"

The Latest from RealtyTrac MORE
Secrets of Pre-Foreclosure Investing
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. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections 1695-1695.17), which was enacted in 1979, and the California Mortgage Foreclosure Consultants Act (California Civil Code Sections 2945-2945.11). 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
As Home Prices Plummet, When Will You Buy?
quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
Data Suggests Decline in California Foreclosures
California’s latest economic numbers reported by forecasters at the A. And what job losses there are – like in residential construction – should be absorbed elsewhere such as in non-residential construction. 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
READ MORE
  • The Best from RealtyTrac MORE
  • Data Suggests Decline in California Foreclosures
    California’s latest economic numbers reported by forecasters at the A. And what job losses there are – like in residential construction – should be absorbed elsewhere such as in non-residential construction. 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
    READ MORE
  • 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
    READ MORE
  • Flip, Hold or Fold?
    Ryan Hartman works for a company that has been investing in foreclosures in Southern California since 1975 but recently decided to exit the residential marke
    RealtyTrac Article Library - Thursday, October 4, 2007
    READ MORE
  • Flip, Hold or Fold?
    Ryan Hartman works for a company that has been investing in foreclosures in Southern California since 1975 but recently decided to exit the residential marke
    RealtyTrac Article Library - Thursday, October 4, 2007
    READ MORE
  • Foreclosure Filings Soar 90 Percent
    Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 Top 10 Foreclosure Total Ranked by the number of foreclosure filings, California topped the list, with 39,659 in May, and Florida was number two, with 21,704, according to RealtyTrac’s report. A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
    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 Housing starts tumble sharply New residential construction fell sharply in January, plunging 14.3 For real estate investors and home buyers, weakness in January construction means that builders will slash prices and offer incentives to motivate buyers into writing offers. Foreclosures surge upward The biggest news in residential real estate, Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Short sales rising
    Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. While short sales remain a small segment of the residential real estate market, the increase bears watching for investors, buyers and real estate agents. Last year, you rarely saw the phrase “short sale” in the MLS property description. Today, approximately 10 percent of the listed properties are short sales.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Secrets of Pre-Foreclosure Investing
    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. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections 1695-1695.17), which was enacted in 1979, and the California Mortgage Foreclosure Consultants Act (California Civil Code Sections 2945-2945.11). 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
  • Fannie: Q1 a Swift Kick in the Rear
    Still, Fannie’s largest credit losses were concentrated in the states with the largest home price declines — California, Florida, Michigan and Ohio — four states that have remained among RealtyTrac's top foreclosure states in the nation for more than a year now. residential mortgage debt for the year. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
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