11 Articles match "February","Foreclosures","Houses"

• The Best from RealtyTrac

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• Foreclosures up 13 percent in February
  
  RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Thats a foreclosure rate of one new foreclosure for every 986 U.S. households.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Housing Starts Rise, Though Permits Fall
  
  The pace of new home construction jumped in February by the largest amount in more than a year, but building permits continued to decline, indicating future weakness in the housing market, according a new Commerce Department report today. Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 million million units economists had predicted and the largest monthly increase since January 2006. That's a welcome rebound following the decline last month, when construction activity nose-dived more than 14 percent.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Feb. Foreclosure Report: Are We at Bottom Yet?
  
  February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures? Probably not. The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Continue Retreat
  
  Foreclosure Market Report Tuesday, and the report shows a trend you may not have expected if youve been reading some recent headlines: foreclosure activity actually slowed in June from the previous month. The total number of foreclosures dipped below 90,000 for the first time this year, significantly lower than the 117,000-plus reported in February. So, despite myriad predictions otherwise, it appears that foreclosures are not spiraling out of control -- although they are up significantly from last year. RealtyTrac released its June 2006 U.S. But many market
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Too Soon For a Comeback
  
  month supply in February). percent in February. According to the official statement of the Office of Federal Housing Enterprise Oversight (OFHEO), a monthly increase in prices was reported between January and February 2008 for seven out of the nine census divisions tracked by the agency. percent on a yearly basis from February 2008, and down 3.1 At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. The bottom line is that no one can say anything with 100 percent certainty given the current state
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. 3) The Conference Board’s Consumer Confidence Index also came out Tuesday with its analysis showing that consumer confidence in the nation’s economy slid nearly 12 percent in March following a sharp decline in February, and remaining at a five-year low. Commerce Department reported When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The article goes on tomake the case that foreclosure fraud crime is on It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Latest Reports Sending Out Mixed Signals
  
  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 level the index has reported since NAR began keeping track in 2001, according to published reports . Plus, how many of those pending sales might be short sales trying to avoid foreclosure? 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Clear Signs That It's Not Over Yet
  
  Being realistic for the moment, for those of you who like to follow market trends, how about these: • Home prices in 17 out of 20 MSAs posted record low declines in February • The number of vacant homes in this country have hit a record high • Consumer confidence fell sharply in March • Home sales volume in the largest real estate market in the country was down significantly for March And it’s only Tuesday! No matter what you want to call it — a housing slump, a housing sector contraction (thank you Federal Reserve), a mortgage meltdown, etc., The downward spiral that has sent this nation’s real estate market reeling out of control is far from over yet.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective, SW Florida
  
  This was not the case over the past couple of years and I think that we as a community missed out on several young teachers that could have made major differences in our children's lives if the only could afford the housing at the time. With real estate prices moving downward and more affordability coming back into our market it now makes since for young professionals to make the move from the cold and down to 85 degree weather in February. I was talking with a group of teachers the other day and for the first time in a few years I didn't hear them say "We can't afford to take this position in Southwest Florida".
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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