4 Articles match "Detroit","Miami","Sales"

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Motor City Tops MSA Foreclosure List in Q3
As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly Detroit, Mich. (1 A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. Commerce Department reported that new home sales in February were down 1.8 Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Motor City Tops MSA Foreclosure List in Q3
    As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Seattle, Wash.
    Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. 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. It makes a transaction so much less of a nightmare, and in a few years you will have built yourself a great real estate portfolio in one of the best cities in the United States. Out of those nine contracts, nine have been beat by better offers. I
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Filings Soar 90 Percent
    Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly Detroit, Mich. (1 A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. Commerce Department reported that new home sales in February were down 1.8 Wall Street was happy to hear that existing home sales were up nearly 3 percent between January and February. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE