5 Articles match "Estimate","Foreclosures","San Diego"

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• FDIC Selling Off Detroit Inventory
  
  In fact the agency’s head just announced this week that it has adjusted its estimate of how many of the nation’s banks are seriously in trouble of going out of business this year upward from 90 in Q1 2008 to 117 now. 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. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Coastal Disasters = More Foreclosures?
  
  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. This does not bode well for worried homeowners who are sitting on the cusp of foreclosure. Florida had 124,721 foreclosures last year — a 2 percent increase from 2005, and a foreclosure rate of one new filing for every 59 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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• Buyers Come Out in Droves For LA Auction
  
  REDC) drew an estimated 1,800 potential homebuyers and investors to the Los Angeles Convention Center recently in the sort of frenzied buying environment not seen since the boom days of foreclosures of the early 1990s. The source of those properties — various lenders who just wanted to get those foreclosures off of their books. “Some of these are new REOs. Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer    Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. 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
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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