2 Articles match "Condominium","Houses"

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High-End Foreclosures Rising Among Top Tier Homes
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. 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
www.realtytrac.com - Tuesday, February 3, 2009
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Now Homebuilders Face Foreclosure
homebuilders the risk of foreclosure through bankruptcy has sharply risen under the pressure of the grim housing market. Last year, the tumbling housing market claimed such large builders as Fort Lauderdale, Fla.-based in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. 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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  • Now Homebuilders Face Foreclosure
    homebuilders the risk of foreclosure through bankruptcy has sharply risen under the pressure of the grim housing market. Last year, the tumbling housing market claimed such large builders as Fort Lauderdale, Fla.-based in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. 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
    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. 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
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE