2 Articles match "Condominium","Florida","Sales"

The Latest from RealtyTrac MORE
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 The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent
www.realtytrac.com - Tuesday, February 3, 2009
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Now Homebuilders Face Foreclosure
This week, Florida-based homebuilder Tousa Inc. Sales of new homes have suffered the biggest decline since records began in 1963. New-home sales plunged 26.4 To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales gimmicks For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Now Homebuilders Face Foreclosure
    This week, Florida-based homebuilder Tousa Inc. Sales of new homes have suffered the biggest decline since records began in 1963. New-home sales plunged 26.4 To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales gimmicks For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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 The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE