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5 Articles match "Dallas","Homes","Real Estate"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
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. 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 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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. 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. Conference of Mayors .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Now Homebuilders Face Foreclosure
based Levitt & Sons, Elliott Building Group in Pennsylvania, Turner-Dunn Homes Inc. in Arizona, Kara Homes Inc. in New Jersey, and Neumann Homes Inc. Mon, Tousa’s president and chief executive officer, told the Dallas Morning News . “What’s 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. But for many U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Dallas, Texas
Just remember BAD news sells papers and good homes find good buyers. Do you have a good home? The market in the Dallas area is doing well and leading the nation with higher values every year. With all that said, values are up in Dallas, but the number of Metroplex home sales are down. What a great time to buy! Yes, I know you have heard all the nasty media hype.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 ldquo;These substantial home price declines bring positive and negative news,” said OFHEO Director James B. percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). On a year-over-year basis the OFHEO reports that
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
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. 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 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Now Homebuilders Face Foreclosure
based Levitt & Sons, Elliott Building Group in Pennsylvania, Turner-Dunn Homes Inc. in Arizona, Kara Homes Inc. in New Jersey, and Neumann Homes Inc. Mon, Tousa’s president and chief executive officer, told the Dallas Morning News . “What’s 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. But for many U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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. 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. Conference of Mayors .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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