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8 Articles match "Conference","Real Estate","US"
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Mayors Predict Rising Foreclosures in 2008
Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S. Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Almost Like Reliving the Nineties
After last week’s disappointing employment report was released by the U.S. Bernanke’s best intentions, the recent slashing of interest rates seem to be having no real effect on turning the economy around. The Bush administration’s proposed month-long “Band-Aid” moratorium on mortgage foreclosures will not provide any real help and is an insult to Americans in distress.” Well, in case you either weren’t in the business at that time, or were hoping to erase the nightmare permanently, welcome to the early 1990s redeaux…almost! We’re getting there.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Immediate Relief Nowhere to Be Found
Three top indices of economic health in the U.S. Also on Tuesday, The Conference Board released its monthly Consumer Confidence Index report, showing an almost eight point decline between its May measurement (58.1) In the group’s monthly release, Lynn Franco, Director of The Conference Board Consumer Research Center, said, "This month's Consumer Confidence Index is the fifth lowest reading ever. came out with negative reports this month, supporting the notion that the nation’s inventory of available properties — particularly the supply of properties in foreclosure — will remain elevated for at least the immediate future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Jackson Takes a Final Bow at HUD
After that, Alphonso Jackson will probably be looking for something a little less in the public eye…at least for a while. Jackson gave notice on Monday of his intention to step down as secretary of the U.S. The official press conference came in the afternoon. These “HUD homes,” like any homes that go back to a lender who forecloses, are a good potential pool of resources for 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. Department of Housing and Urban Development.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Fannie: Q1 a Swift Kick in the Rear
As the market recovers, we will be a prime beneficiary,” Mudd said during a conference call with investors Tuesday morning. Fannie’s outlook for 2008 anticipates further weakness in the housing market that will lead to more delinquencies, defaults and foreclosures on mortgage loans and slower growth in U.S. In the end this translates into continued opportunity for patient home buyers and real estate investors to pick up some good deals on 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mayors Predict Rising Foreclosures in 2008
Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S. Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mid-Year Report: Nation Not Over the Hump Yet
As it has in times past, real estate has led this nation into recession, and it will lead us out as well — when the signs are there for a recovery. But real estate — housing prices to be precise — is the sign that forecasters at the A. In their June 2008 issue of the Economic & Business Review, the U.S. We’re now mid-way through 2008 and the signs aren’t there yet to say for certain that we’re over the hump and on the way out of recession. But a recession it is nonetheless.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Almost Like Reliving the Nineties
After last week’s disappointing employment report was released by the U.S. Bernanke’s best intentions, the recent slashing of interest rates seem to be having no real effect on turning the economy around. The Bush administration’s proposed month-long “Band-Aid” moratorium on mortgage foreclosures will not provide any real help and is an insult to Americans in distress.” Well, in case you either weren’t in the business at that time, or were hoping to erase the nightmare permanently, welcome to the early 1990s redeaux…almost! We’re getting there.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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