3 Articles match "Detroit","Land","Properties"

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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
If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. 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 a soft landing and few were expecting prices to fall and sales to plunge. LONG BEACH, Calif. — At Wednesday’s Opening Session of California Realtor EXPO
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by better offers.
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
    If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. 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 a soft landing and few were expecting prices to fall and sales to plunge. LONG BEACH, Calif. — At Wednesday’s Opening Session of California Realtor EXPO
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Local Market Perspective: Seattle, Wash.
    In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by better offers.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE