7 Articles match "Course","Income","Sales"

• The Best from RealtyTrac

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• Housing Slump Prelude to Recession, Study Says
  
  The nation’s housing slump, crippled by falling prices and rising inventories of unsold homes, is the worst in a generation and still hasn’t run its full course, according to Harvard University’s annual housing report. rdquo; The study, the “ State of the Nation's Housing 2008 ,” noted that housing starts, new home sales and existing home sales are at all-time lows since after World War II, while home price declines and foreclosure filings are the worst on record. Harvard University’s Joint Center for Housing Studies painted a bleak picture of the current housing downturn, claiming that “the nation is in the throes of a housing downturn that is shaping up to be the worst in a generation.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures: Chicken or Egg?
  
  That slowing of demand had a domino effect, causing home sales to slow and home price appreciation to flatten and even go negative in the first quarter of 2007, according to Carney’s research. The slowing sales and stagnant home prices have in turn contributed to a sharp rise in defaults and foreclosures . Of course, foreclosures are caused by a more complex set of factors than just It’s a classic chicken-and-egg question: are foreclosures a cause or a symptom of the slumping housing market? One Southern California economist believes they’re clearly a symptom. “I
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, they merely look at sale prices. The reason, of course, is that the real money is not in real estate, its in seminars, books and tapes. Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages
  www.realtytrac.com - Tuesday, February 3, 2009
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• New York Versus Freddie Mac: Round One
  
  You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. These loan buyers are generally protected against borrower claims under a legal principle called the “holder-in-due-course” rule. According to The Language of Real Estate , “a holder-in-due-course enjoys a favored position with respect to the instrument because the maker cannot raise certain ‘personal defenses’ in refusing payment. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. They are profit-seeking "companies" in the sense of shareholders and being in business but they are also GSEs -- government-sponsored enterprises, companies started by the federal government and companies endowed with huge competitive advantages: They do not
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I 262
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  They are just as toxic as sub prime or even worse because borrowers can state their income and lenders take it without further question. These borrowers do not have documents to support their income because they are either self employed or contractors. Foreclosures and short sales are flooding the market, accelerating the declines. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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