4 Articles match "Distressed","Los Angeles","San Diego"

• The Best from RealtyTrac

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• Home Prices Fall Deeper Into the Abyss
  
  percent), Los Angeles (-24.5 percent), San Diego (-23.2 percent), San Francisco (-22.9 Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. With home prices continuing to decline, both on a monthly and yearly Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  The San Diego-Carlsbad-San Marcos, CA, and Oakland-Fremont-Hayward, CA, metro areas tied for second place with a score of 603. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). 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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• Coastal Disasters = More Foreclosures?
  
  Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. So even if distressed homeowners wanted to refinance their way out of foreclosure they couldn’t if they don’t carry insurance on the home. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. All in all, this pessimism is also being reflected in the number of distressed homeowners giving up their homes to foreclosure (or simply walking away from their homes) in order to put the past behind them and start anew. 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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