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5 Articles match "February","January","Real Estate"
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The Latest from RealtyTrac
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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. million units in February, higher than the 1.4 million units economists had predicted and the largest Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 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
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. 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. That premise is Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Economic Indicators: Image Is Everything
When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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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. 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. That premise is Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
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. million units in February, higher than the 1.4 million units economists had predicted and the largest Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 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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Economic Indicators: Image Is Everything
When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity.
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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Foreclosure Activity Deflating or Just Deferred?
In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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