7 Articles match "February","Sales","State"

• The Best from RealtyTrac

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• Too Soon For a Comeback
  
  The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy. Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3 The NAR tried to be positive about the nation’s situation earlier this month in stating that, “Existing home sales could start to show a sustained increase within At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. in April, the largest drop in consumer confidence measured by the index since it first started keeping track back in February 2001. The other report, released by the National Association One report, the IBD/TIPP economic optimism index (published by Investor’s Business Daily and TechnoMetrica Market Intelligence), dropped to 39.2 percent in February, a much larger drop than expected,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• America's Most Expensive Foreclosure?
  
  The mansion was foreclosed on February 25th on the Palm Beach County courthouse steps. Forty million dollars, however, doesn’t seem like a bad deal when you consider that the stately Villa Venezio in Palm Beach, Fla. Indeed, this sophisticate short sale has it all. Mention the word “foreclosure” and most homebuyers and investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the most opulent estates are increasingly becoming available for savvy investors and homebuyers as a growing number of well-healed
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Clear Signs That It's Not Over Yet
  
  For all the election year rhetoric flying around these days about the general state of the national economy, although the situation is not all doom and gloom, the news does not look as good as the politicians would like you to believe…for right now at least. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  As of February, the rate was one foreclosure forevery 1,223 households. There are some (not all) reputable investors who will pay the deficit balance, ask you to keep the existing loan in your name and assist in selling the home, often taking a portion of the profits as payment for using their money while the property is for sale. That transaction should include…A) Cash wiring instructions to the foreclosing bank (often by Western Union) B) A three-day right of recession, and a share purchase agreement, An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Flamboyant Foreclosures
  
  In February, Veronica Hearst’s Manalapan trophy property — one of the most expensive foreclosures ever recorded — was sold at the Palm Beach County courthouse steps for an astounding $22 million. Twenty two million dollars, however, doesn’t seem like a bad deal when you consider that the stately Villa Venezio in Palm Beach, Fla., glorious Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the ritzy residences are increasingly falling
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Poll: Buyers to Remain on the Fence
  
  the survey’s sample was selected from all states except Alaska and Hawaii. For one, existing home sales — which went up in February — may be nothing more than a momentary blip on the radar screen. If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. And that could be years down the road.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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