2 Articles match "Detroit","Households","Study"

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California Tops PMI's Risk Index
Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50 over a year earlier, with an average score of 342. However, economic fundamentals are strong in most of the 50 MSAs studied — particularly due to historically low unemployment rates and strong job growth — leading PMI to conclude that the severity of the price declines in most metros will be somewhat mitigated. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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The Trickle Down Effecting High-Tech
The five — Sacramento, Tampa, Phoenix, Detroit and Orlando — were also among the nation’s top metropolitan statistical areas (MSAs) ranked by foreclosure rate, according to RealtyTrac, for the quarter studied by The NPD Group. on RealtyTrac’s Top 100 metro areas for the first quarter of 2008, reporting a 135 percent year-over-year increase in foreclosure activity and a foreclosure rate of one in every 55 households receiving a foreclosure filing during the period. The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection).
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • California Tops PMI's Risk Index
    Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50 over a year earlier, with an average score of 342. However, economic fundamentals are strong in most of the 50 MSAs studied — particularly due to historically low unemployment rates and strong job growth — leading PMI to conclude that the severity of the price declines in most metros will be somewhat mitigated. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • The Trickle Down Effecting High-Tech
    The five — Sacramento, Tampa, Phoenix, Detroit and Orlando — were also among the nation’s top metropolitan statistical areas (MSAs) ranked by foreclosure rate, according to RealtyTrac, for the quarter studied by The NPD Group. on RealtyTrac’s Top 100 metro areas for the first quarter of 2008, reporting a 135 percent year-over-year increase in foreclosure activity and a foreclosure rate of one in every 55 households receiving a foreclosure filing during the period. The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE