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26 Articles match "Example","Report"
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The Latest from RealtyTrac
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No Mortgage Meltdown For These Banks
As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. The Hudson down payment numbers contrast strongly with national averages: The National Association of Realtors reports that in 2007 the typical first-time buyer put down just 2 percent, repeat buyers had 16 percent down payments and 25 percent of all purchasers bought with nothing down. While No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
At Fannie Mae, as one example, the company incentive plan paid 749 employees an average bonus of $86,952.56 Commercial banks and savings institutions insured reported a net income of $5 billion in the second quarter of 2008, according to the Federal Deposit Insurance Corporation (FDIC). Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
Secrets of Pre-Foreclosure Investing
In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections 1695-1695.17), which was enacted in 1979, and the California Mortgage Foreclosure Consultants Act (California Civil Code Sections 2945-2945.11). For example, when buyers of a property in foreclosure are investors (who will Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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Latest Reports Sending Out Mixed Signals
Two reports came out Tuesday that are prime examples of conflicting opinions and the confusion they can cause the average consumer or investor when it comes to assessing the state of the economy. One report, the IBD/TIPP economic optimism index (published by Investor’s Business Daily and TechnoMetrica Market Intelligence), dropped to 39.2 The other report, released in April, the largest drop in consumer confidence measured by the index since it first started keeping track back in February 2001. percent in February, a much larger drop than expected, to the lowest
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Real Estate Agent Resources - RealtyTrac
One prime example can be seen by simply going to the RealtyTrac home page (www.realtytrac.com) and clicking on the “Search” tab on the top row. By doing so the national heat map for the latest month RealtyTrac is reporting data on will appear. Take for example the Foreclosure Market Trends Newsletter . Foreclosure Real Estate Agent Resources Search Properties | Free 7-Day Trial Today’s home buyer or investor is a product of the information age, where data overload is king. As a result, RealtyTrac is constantly working to find
www.realtytrac.com
- Tuesday, February 3, 2009
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Priced to Foreclose
A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. The most glaring example was Florida , which ranked second in home priceappreciation The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Latest Census Data Suggest More Foreclosures Coming
A new report just released by the U.S. Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
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. Foreclosure filings were reported on 243,353 U.S. For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure According to the RealtyTrac U.S. properties during the month -- certainly a big number, although only a tiny fraction of the nation's 126 million total housing units.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Michael Jackson Property in Default
Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. — This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. the home where his parents live. "The estate, worth about $7 million in the current real-estate market, is known as Hayvenhurst because of its address. On at least one other occasion this year, Michael simply missed payments on the $2 million mortgage. …
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Ohio Lawmaker Seeks Solution to Foreclosure Level
One example — Rep. According to the RealtyTrac Q2 2006 Foreclosure Market Report , the total number of foreclosures in Ohio actually declined by 30 percent from Q1 2006, although still up 85 percent from Q2 2005. FDIC) reports that job growth in Ohio was less than half the national average during Q1 2006. Mortgage delinquencies It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. Steven C.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Trimming the Fat From Foreclosure Overload
Reporting 2,294 properties entering some stage of foreclosure, Cuyahoga County accounted for 31 percent of all foreclosures in Ohio during October, according to the RealtyTrac U.S. Foreclosure Market Report . The county also reported the state’s highest foreclosure rate for the month with one new foreclosure filing for every 269 households — 2.4 Probably the biggest downside to dealing with a property sited in a judicial foreclosure state is the tedious length of the process involved. Just ask any homeowner, investor, lender OR JUDGE for that matter.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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