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12 Articles match "Citi","Miami"
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The Latest from RealtyTrac
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How One City May Punish Banks for Foreclosures
How One City May Punish Banks for Foreclosures August 24, 2009, TIME Magazine It's hard to drive down a residential street in Miami Gardens, Fla., and not see two, three, four houses in foreclosure. Some have been on the auction block since last year...( read more )
...Tags:
Foreclosure Pulse
- Tuesday, August 25, 2009
High-End Foreclosures Rising Among Top Tier Homes
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 beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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.
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% and -29.3%, respectively, and all 20 cities are still in negative territory on a year-over-year basis." quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 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 Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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How One City May Punish Banks for Foreclosures
How One City May Punish Banks for Foreclosures August 24, 2009, TIME Magazine It's hard to drive down a residential street in Miami Gardens, Fla., and not see two, three, four houses in foreclosure. Some have been on the auction block since last year...( read more )
...Tags:
Foreclosure Pulse
- Tuesday, August 25, 2009
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Motor City Tops MSA Foreclosure List in Q3
Miami, Dallas, Indianapolis, Ft. As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Metro Foreclosures: California Catch-up
But those four cities still documented the four highest metro foreclosure rates among the top 100 cities, according to RealtyTrac’s just released Q2 U.S. A few cities posted increasing foreclosure activity in the second quarter, including Stockton, Calif. (up up 2 percent from the previous quarter), and the Texas cities of Austin (up 7 percent) and Houston (up 40 percent). Foreclosure activity decreased in the majority of the nation’s 100 largest metropolitan areas in the second quarter of 2006, including Indianapolis (down 32 percent from the previous quarter), Atlanta (down 37 percent), Dallas (down 12 percent) and Denver (down 18 percent).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Top Metro Foreclosure Rates
Fifteen of the cities with the top 25 metro foreclosure rates in the first half of 2007 were located in California, Florida and Ohio, according to the R ealtyTrac Midyear 2007 Metropolitan Foreclosure Report , released yesterday. California led the way with seven cities in the top 25, while Florida and Ohio both had four cities. Florida cities The report ranks the foreclosure rate in the nation’s 100 largest metro areas. Stockton, Calif.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up in 77 of Top 100 Metros
Although cities in just three states — California, Ohio and Florida — accounted for more than two-thirds of the top 25 metro foreclosure rates, increasing foreclosure activity was not limited to just a few hot spots," Saccacio said. "Still, Other cities with metro foreclosure rates in the top 10 in the third quarter were Fort Lauderdale, Fla., RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Company CEO James J.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Backs Off 30-Month High
Six of the cities with the 10 highest foreclosure rates were located in California: Stockton at No. and Miami at No. Foreclosure activity decreased 7 percent in June, backing down from a 30-month high reached in the previous month, according to the RealtyTrac U.S. Foreclosure Market Report issued today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Stacking Up 2007 Metro Foreclosure Rates
Four Ohio cities were in the top 20: Cleveland at No. Florida accounted for three metro areas in the top 20: Miami at No. Even at this zoom level (which doesnt even capture the entire city), it appears that the foreclosure properties are stacked on top of each other in some areas. Of course if a large number of people do that it could flood the rental market and drive down rental It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Seattle did not experience the “urban sprawl” boom seen in so many other cities plagued with foreclosure woes. It makes a transaction so much less of a nightmare, and in a few years you will have built yourself a great real estate portfolio in one of the best cities in the United States. Contact Nova Ukariha Shank Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. In my most recent transaction I had a law firm, a title company for the law firm, and a title company on this coast for the title company in Miami. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights about what is happening on the ground in their local housing market,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
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 beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. 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.
www.realtytrac.com
- Tuesday, February 3, 2009
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