5 Articles match "Equity","Las Vegas","Properties"

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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
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. The money in this town has just shifted from buying retail to buying wholesale, and there are a lot of hungry wallets burning holes for positive equity investments. say this all the time to my buyers, at auction there is a huge crowd competing over six 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Cleveland, Ohio
    Learn the market, learn the values, watch and… WAIT: Know when it’s time to hop on a property. The Cleveland market will correct and you will have instant built-in equity. Other locations — including Las Vegas, much of California and Florida — have two corrections to make. WATCH: Here in Cleveland, watch the market for the best deals! Some sellers are against the wall and will sell well under market value.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • High-End Foreclosures Rising Among Top Tier Homes
    But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively
    www.realtytrac.com - Tuesday, February 3, 2009
    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. The money in this town has just shifted from buying retail to buying wholesale, and there are a lot of hungry wallets burning holes for positive equity investments. say this all the time to my buyers, at auction there is a huge crowd competing over six 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Home Price Indices Reporting Record Lows
    ldquo;For homeowners and financial market observers, these declines spell further erosion in home equity levels and potentially more trouble for mortgage markets. rdquo; According to Case-Shiller, the weakest market in the country is currently Las Vegas, followed closely by Miami and Phoenix. Taken altogether, these reports should be seen as good tidings for real estate investors as well as home buyers who Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • As Home Prices Plummet, When Will You Buy?
    quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE