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7 Articles match "Dallas","Homes","Report"
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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;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Top 10 Metro Foreclosure Rates
Dallas -- 1.01% 4. Las Vegas -- 0.71% For the full list and more details, view the press release for this report . whichhas low unemployment and strong home price appreciation, but it couldbe that rising interest rates combined with more risky financing aretaking a toll in that area. RealtyTrac today released its first ever U.S. Metropolitan ForeclosureMarket Repor t, which ranks the nations 100 largest metro areas byforeclosure rate in the first quarter of 2006.
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.
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 On a year-over-year basis the OFHEO reports that prices fell 3.1 percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of
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;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% 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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Top 10 Metro Foreclosure Rates
Dallas -- 1.01% 4. Las Vegas -- 0.71% For the full list and more details, view the press release for this report . whichhas low unemployment and strong home price appreciation, but it couldbe that rising interest rates combined with more risky financing aretaking a toll in that area. RealtyTrac today released its first ever U.S. Metropolitan ForeclosureMarket Repor t, which ranks the nations 100 largest metro areas byforeclosure rate in the first quarter of 2006.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now
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
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Two Heavy Hitters Slapped with Foreclosure Notices
Next, a Utah consulting company hit the prize fighter with a suit for failing to repay a $550,000 loan related to landscaping his estate, reports the Atlanta Constitution . Another heavyhitter in foreclosure is Adam “Pacman” Jones , former cornerback for the Tennessee Titans, who signed with the Dallas Cowboys in April 2008 after a one-year suspension from the NFL due to numerous legal entanglements . ESPN reported that Jones originally had his Tennessee estate in West Nashville listed for $1.8 Former heavyweight boxing champion Evander Holyfield is on the foreclosure ropes.
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. 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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