3 Articles match "Example","Florida","Inventory"

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High-End Foreclosures Rising Among Top Tier Homes
The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. In many popular coastal areas, the inventory of high-end foreclosures has swelled, putting additional pressure on home prices and inventories. 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.
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. We had to do it, sadly, because of our elderly parents in need of assistance — so we moved to South Florida . Remember the old real estate adage, "locationX3" and follow (1) the price trend in your local area — metro region, county or city), (2) "days on market" statistic and (3) supply/demand ratio (inventory in months). Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home
www.foreclosurepulse.com - Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
quot;Although only about 2 percent of households nationwide will be in some stage of foreclosure this year, these properties contribute to already bloated inventories of homes for sale, and put downward pressure on home values," said James J. quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A (Relatively) Few Bad Apples Spoil the Barrel
    quot;Although only about 2 percent of households nationwide will be in some stage of foreclosure this year, these properties contribute to already bloated inventories of homes for sale, and put downward pressure on home values," said James J. quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. In many popular coastal areas, the inventory of high-end foreclosures has swelled, putting additional pressure on home prices and inventories. 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.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    For example you see Bank of America adopting a massive, systematic loan modification program. We had to do it, sadly, because of our elderly parents in need of assistance — so we moved to South Florida . Remember the old real estate adage, "locationX3" and follow (1) the price trend in your local area — metro region, county or city), (2) "days on market" statistic and (3) supply/demand ratio (inventory in months). Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE