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13 Articles match "February","Time"
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The Latest from RealtyTrac
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Local Market Perspective, SW Florida
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". 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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 scammers dontcreate the foreclosure rates, but they swoop in at the time thatsomeone is in distress," said Elizabeth Renuart, a staff attorney withthe National Consumer Law Center in Boston and the author of "DreamsForeclosed: The Rampant Theft of Americans Homes ThroughEquity-Stripping Foreclosure Rescue Scams." 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures up 13 percent in February
RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. 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. Basically, San Diego in my opinion will be changing its name toForeclosure City JMHO foreclosures increasing for the third month in a row. Thats a foreclosure rate of one new foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Dips in February
RealtyTrac released its February U.S. Still, the 130,786 foreclosure filings reported in February — one foreclosure filing for every 884 households — represented the second highest total reported since RealtyTrac began issuing the report in January 2005. February foreclosure activity was down 4 percent from January but up 12 percent from February 2006. Foreclosure Market Report today, and the report shows that U.S. foreclosure activity eased down 4 percent from the two-year high achieved in January.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures up 13 percent in February
RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. 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. Basically, San Diego in my opinion will be changing its name toForeclosure City JMHO foreclosures increasing for the third month in a row. Thats a foreclosure rate of one new foreclosure
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 of our
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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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 Market watchers and economists are predicting that Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 million units economists had predicted and the largest monthly increase since January 2006.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Continue Retreat
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. 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.
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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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 . Given the time it takes to get a bank to accept a short sale arrangement, and the extended time on the market, plus larger inventories of unsold 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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Foreclosure Thriller — Pay Up or Beat It
For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. filed the notice of trustee’s sale with the Santa Barbara County Superior Court on February 26th. View auction notice on RealtyTrac . “We Following closely on the heels of another trophy property recently sold on the auction block, Michael Jacksons Neverland Ranch is set to possibly suffer a similar fate. On March 19, at 1:00 p.m.,
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 scammers dontcreate the foreclosure rates, but they swoop in at the time thatsomeone is in distress," said Elizabeth Renuart, a staff attorney withthe National Consumer Law Center in Boston and the author of "DreamsForeclosed: The Rampant Theft of Americans Homes ThroughEquity-Stripping Foreclosure Rescue Scams." 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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