8 Articles match "Find","Real Estate","Residential"

• The Best from RealtyTrac

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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Buying Bank-Owned REOs at the Auction - RealtyTrac
  
  Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Will Homeowners Sink or Swim?
  
  Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat. The next big wave of news may be a true real-estate slump, as hundreds of billions in adjustable-rate mortgages reset, making it even more difficult for homeowners in depressed markets to meet higher monthly payments. But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Price Indices Reporting Record Lows
  
  rdquo; Also reporting dismal findings for the quarter was the S&P/Case-Shiller Home Price index. ldquo;The steep downturn in residential real estate continues,” said David M. Taken altogether, these reports should be seen as good tidings for real estate investors as well as home buyers who are interested in mining the foreclosure marketplace for bargain properties. Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Mayors Predict Rising Foreclosures in 2008
  
  Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity. Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Rate Cut, Real GDP Are Some Positive News
  
  In the second announcement made earlier in the day, the Commerce Department said that real Gross Domestic Product (GDP) increased at an annual rate of 0.6 calls the “real residential fixed investment”), marked by a 26.7 2008 is definitely a good time to jump into the water and find that property that meets your criteria — and at bargain prices too for the time being (however long that is). One day after President Bush pointed the finger at Congress and told the American public to blame lawmakers for all of their recent financial woes, an inkling of actual positive news came out of Washington Wednesday with two announcements from government agencies.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Option ARM Borrowers Running Out Of Time
  
  According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months with results that will be devastating to borrowers, loan portfolios and local home values. How They Work Formally known as "payment option adjustable rate mortgages," option ARMs are the most complex residential loan products ever offered.
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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