3 Articles match "Detroit","Homes","Land"

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FDIC Selling Off Detroit Inventory
So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The property mix will include single-family, duplex, triplex and commercial properties plus land. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. Even then these homes are being purchased at 20 percent less then market value. So, if you want to beat the competition when it comes to an equity positive real estate investments Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • FDIC Selling Off Detroit Inventory
    So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The property mix will include single-family, duplex, triplex and commercial properties plus land. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
    At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Local Market Perspective: Seattle, Wash.
    Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. Even then these homes are being purchased at 20 percent less then market value. So, if you want to beat the competition when it comes to an equity positive real estate investments Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE