9 Articles match "December","Homes","Real Estate"

• The Best from RealtyTrac

  MORE

• Subprime meltdown means jump in foreclosures
  
  As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected. reported big losses from loan defaults due to sagging home prices and higher interest rates. filed for bankruptcy on Feb 7, sounding the alarm and bringing the total failure of subprime lenders to 20 since December, according to Bloomberg News . Panic is spreading in the U.S. subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Housing glut gives foreclosure buyers and investors advantage
  
  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 in the last three months of 2006, according to the National Association of Realtors . million vacant homes await buyers In addition to weaker sales and declining prices, a record number of homes are sitting vacant awaiting buyers. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• 2007: Housing Slowdown Good for Foreclosures
  
  The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Avoid and Stop Foreclosure - Help at RealtyTrac
  
  Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• Cagan: Big Scary Numbers, Little Impact
  
  Despite so many zeroes and commas in his numbers, however, Cagan assured industry professionals attending a recent meeting of the Real Estate Research Council of Southern California that those very long numbers will have little impact on the national economy, although they will pack quite a punch for the people most immediately affected by them – lenders, borrowers and investors. “This Based on his latest property surveys (conducted December 2006), the Director of Research and Analytics for First American CoreLogic concluded in his latest report titled, “Mortgage Payment Reset:
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Forecasters Change Housing Estimates for '07/'08
  
  With the housing market languishing on the downslide, Doti expects export sales — which are forecasted to increase by almost $100 billion in both 2007 and 2008 — to replace real estate as the major driver of economic growth in this country. Still, Doti, along with his colleague Essie Adibi, director of the Anderson Center, are diligently standing by their 2007 forecast made last December that real GDP will pickup for the second quarter of 2007 (2.1 The nation’s housing market is not cooperating the way analysts at the A. Gary Anderson Center for Economic Research at
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• 2006: An Adjustable' Year for Foreclosures
  
  The Federal Home Loan Mortgage Corporation (better known as Freddie Mac) has just released the results of its 23rd Annual Adjustable-Rate Mortgage survey of prime loans. Based on data collected between December 18 and December 21, 2006, the survey cited three major conclusions: That the overall market share of adjustable-rate mortgages (ARMs) as a whole declined in 2006 as the savings gap in interest rates between ARMs and fixed-rate mortgages shrank; Lenders offered greater incentives (discounts) in 2006 in order to maintain the flow of ARM originations coming in the door; and Hybrid
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Secrets of Pre-Foreclosure Investing
  
  Most people in foreclosure today have zero equity in their homes,” said Thomas J. Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s On December 18, Congress passed new legislation to eliminate taxes on mortgage debt. 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. Another
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• From $2B Bailout to $4B Buyout at Countrywide
  
  According to various news reports , earlier this week the firm reported that the number of foreclosures and late payments on mortgages it held in December 2007 soared to their highest level in five years. What happens to the millions of home loans being serviced in Countrywide’s portfolio is up in the air, however. Ask the thousands of people losing their homes to foreclosure It didn’t take long from a historical perspective. Just late last year Bank of America infused $2 billion into the coffers of Countrywide Financial to support the floundering lender’s attempt to survive
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE