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15 Articles match "Data","Houses","May"

The Latest from RealtyTrac MORE
Option ARM Borrowers Running Out Of Time
Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by 2007. A loan with four payment options may seem fairly understandable, but in the real world a lot of borrowers did not take out option ARMs because they wanted to make fully-amortizing payments. The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Secrets of Pre-Foreclosure Investing
A third warns that accurate data and timely information is essential to survive. McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Other times, we do lease-option deals, where the seller sells the house to you (the investor) and you lease it back to the seller.” Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Stop Home Foreclosure
How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. You must also be able to close on the sale of your house within one to two months. (Note: Johnson    If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosures Inch Higher in May
    RealtyTrac just released state and national foreclosure statistics for the month of May . The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure Saccacio, chief executive officer of RealtyTrac. “While That three-month trend indicates
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Housing glut gives foreclosure buyers and investors advantage
    Storm clouds are gathering over the nation’s battered housing market. Fueling the latest concerns is a deluge of discouraging data in the housing sector. million empty houses were listed for sale during October, November and December, according to the Census Bureau . That suggests that prices may have to fall further Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosures and Home Price Appreciation
    While some may disagree whether foreclosures beget slowing home price appreciation or vice versa (its probably both), theres no doubt that the two are closely related. Take a look at this chart based on RealtyTracs foreclosure statistics and the Office of Federal Housing Enterprise Oversights House Price Index . Posted 01-10-2008 7:59 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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 percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only house price index. “These 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Florida Homeowners Overconfident Despite Foreclosures?
    Between those two extremes, other concerns included: a burst of the housing bubble, rising mortgage rates and depreciating home values. That report showed a 24 percent drop in home sales both year-to-date and year-over-year through May 2006. Yet despite lower sales volume, FAR also reported that the states median home price continues to go up -- 11 percent on a yearly basis from May 2005, and 15 percent year-to-date, giving some credence Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Is Eight Enough?
    Foreclosure Market Report released by RealtyTrac today. And while this upward trend in foreclosure activity is driven largely by a few populous states with volatile housing markets, there's no doubt the pain is spilling over into many other areas across the country. “Forty-eight Some state officials initially took issue with the numbers, which engendered an important debate on how to accurately interpret and measure foreclosure data. The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • ARM'd and Dangerous?
    But our fascination with these loans and their impact on foreclosurerates may have had something of a blurring effect on how clearly weview the overall foreclosure market. Under "normal" circumstances, wedprobably look at the Midwest rates and chalk them up tohigher-than-average unemployment rates (a very strong predictor offoreclosure rates) and lower-than-average house appreciation ratescoupled with weak housing demand. Another nice post from Jonathan Miller on his Matrix blog, "Foreclose Already So We Can Get Back To Normal" ( http://matrix.millersamuel.com/?p=568 p=568
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Secrets of Pre-Foreclosure Investing
    A third warns that accurate data and timely information is essential to survive. McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Other times, we do lease-option deals, where the seller sells the house to you (the investor) and you lease it back to the seller.” Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Ohio Lawmaker Seeks Solution to Foreclosure Level
    House Finance Services Committee in Cuyahoga County Wednesday. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. Data supplied by the Federal Deposit Insurance Corp. (FDIC) It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Stop Home Foreclosure
    How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. You must also be able to close on the sale of your house within one to two months. (Note: Johnson    If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
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