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6 Articles match "First-Time","Real Estate","San Diego"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling
www.realtytrac.com
- Tuesday, February 3, 2009
Latest Census Data Suggest More Foreclosures Coming
Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Not only is San Diego unaffordable for many first-time home buyers, but, according to the RealtyTrac U.S. times the national average. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. Some regions of the state — including the Central Valley, San Diego and Riverside/San Bernardino — will experience sales declines greater than the state as a whole in 2007. LONG BEACH, Calif. — If California’s economic indicators stay
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Latest Census Data Suggest More Foreclosures Coming
Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Not only is San Diego unaffordable for many first-time home buyers, but, according to the RealtyTrac U.S. times the national average. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. Some regions of the state — including the Central Valley, San Diego and Riverside/San Bernardino — will experience sales declines greater than the state as a whole in 2007. LONG BEACH, Calif. — If California’s economic indicators stay
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) The banks are not putting Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
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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You Too Can Predict the Future...Maybe
Time to dust off those Ouija boards and take out the tea leaves. This week, by contrast, the San Diego Union-Tribune is reporting that prognosticators working at +News+>+Business+--+Experts+forecast+sees+no+recession&expire=&urlID=27087637&fb=Y&url=http://www.signonsandiego.com/news/business/20080311-9999-1n11econ.html&partnerID=621">UCLA’s Anderson Forecast don’t see the nation — or the state — falling into a recession. “Don’t think subprime loans have made it possible for a lot The way things are going nowadays you too have about as much a chance of correctly predicting whether the nation and the state of California are either headed towards, or are already in, a recession as any of the professionals who do it for a living.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling
www.realtytrac.com
- Tuesday, February 3, 2009
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