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5 Articles match "Data","Metro","Miami"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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 Prices in those metro areas were down 19.5 quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. quot; Las Vegas and Phoenix posted the two biggest annual percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosure Filings Soar 90 Percent
A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. Top 10 Foreclosure Rate RealtyTrac’s report said six of the Top 10 metro areas with highest foreclosure rates were in California. Here are the metro areas with the highest rate of foreclosure filings: 1. U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up in 77 of Top 100 Metros
RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Saccacio said in a statement that foreclosure activity increased on a quarterly basis in 77 out of the nations 100 largest metro areas. “Although Although cities in just three states — California, Ohio and Florida — accounted for more than two-thirds of the top 25 metro foreclosure rates, Company CEO James J. Still, there continue to be pockets of the country — most noticeably metro areas in the Carolinas, Virginia and Texas — that
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Price Indices Reporting Record Lows
rdquo; The OFHEO collects its data from the two Government Sponsors Enterprises it oversees — Fannie Mae and Freddie Mac — the nation’s two largest lenders. Due to the nature of the data it collects, the OFHEO’s index tracks prices paid for homes financed using conventional and conforming loans, not subprime, Alt-A or any other “exotic” loan product. “On ldquo;There 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. Top 10 Foreclosure Rate RealtyTrac’s report said six of the Top 10 metro areas with highest foreclosure rates were in California. Here are the metro areas with the highest rate of foreclosure filings: 1. U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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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 Prices in those metro areas were down 19.5 quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. quot; Las Vegas and Phoenix posted the two biggest annual percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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