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5 Articles match "Data","Miami","Properties"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . 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
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
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 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 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from
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. Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the 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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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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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . 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
www.realtytrac.com
- Tuesday, February 3, 2009
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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. Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the 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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Economic Indicators: Image Is Everything
2) On Tuesday, the Standard & Poor’s/Case-Shiller home price index reported the worst decline in home prices since the company started tracking data back in 1987. What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
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 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 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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