2 Articles match "Escrow","Land","Sales"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
Gentle Ben Says the "R" Word...Finally!
Gentle Ben was hoping that lowering interest rates would make for a soft and “gentle” landing — which it hasn’t. Although home sales are starting to see some recovery, most experts are predicting that home prices have a while to go before they hit rock bottom. After all, by the time you do your research, find the property that’s right for you, and actually close escrow, who knows? Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But during his first day of testimony before
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Gentle Ben Says the "R" Word...Finally!
    Gentle Ben was hoping that lowering interest rates would make for a soft and “gentle” landing — which it hasn’t. Although home sales are starting to see some recovery, most experts are predicting that home prices have a while to go before they hit rock bottom. After all, by the time you do your research, find the property that’s right for you, and actually close escrow, who knows? Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But during his first day of testimony before
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE