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32 Articles match "Florida","Market","Year"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that is not for amateurs. “Most 20 and will provide a temporary, three-year change to the tax code to eliminate any taxes homeowners might face when banks renegotiate the terms of a home loan and forgive a portion of the outstanding mortgage debt. Many times, says Randy Siems, a Missouri pre-foreclosure investor who made over $1 Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
National Registration For Loan Officers Becomes Reality
Prior to the legislation 14 states participated in the voluntary Nationwide Mortgage Licensing System, but under the new rules all states and all loan officers will be part of a mandatory registration system to be established during the coming year. study by the Miami Herald found that just in Florida “from 2000 to 2007, regulators allowed at least 10,529 people with criminal records to work in the mortgage profession. National Registration For Loan Officers Becomes Reality By Peter G. Miller What do you know about your loan
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009
www.realtytrac.com
- Tuesday, February 3, 2009
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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
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Florida Homeowners Overconfident Despite Foreclosures?
Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future. Their least concern: falling victim to mortgage fraud -- even though the survey says that Florida is the top state in the nation for such fraud (something that is, unfortunately, always associated with real estate investors working in the foreclosure arena). Their biggest concern: being hit by a hurricane. Between those two extremes,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Investor Capitalizes on Cooling Market
When the South Florida housing market entered into a nosedive last year, Harry Andrade saw an opportunit
RealtyTrac Article Library
- Tuesday, October 9, 2007
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Capitalizing on a Cooling Market
When the South Florida housing market entered into a nosedive last year, Harry Andrade saw an opportunit
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Investor Capitalizes on Cooling Market
When the South Florida housing market entered into a nosedive last year, Harry Andrade saw an opportunit
RealtyTrac Article Library
- Tuesday, October 9, 2007
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Capitalizing on a Cooling Market
When the South Florida housing market entered into a nosedive last year, Harry Andrade saw an opportunit
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Foreclosures Thrive in Third Quarter
With home price appreciation slowing and the inventory of unsold homes expanding, the third quarter proved to be fertile ground for sprouting foreclosures, according to RealtyTrac’s quarterly foreclosure market report . That brings the year-to-date foreclosure total to more than 900,000, more than in all of 2005 and on pace to hit 1.2 million by year’s More than 300,000 new foreclosure filings were reported nationwide during the quarter, up 17 percent from the previous quarter and up 43 percent from the third quarter of 2005. Colorado documented the highest foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Coastal Disasters = More Foreclosures?
For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA). It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. It also brings back bad memories of dealing with insurance companies and very slow claims service. Back in 1994 something called “The
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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U.S. Foreclosure Activity Dips in February
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. Based on the foreclosure activity in the first two months of the year, RealtyTrac is projecting around 1.6 million foreclosures for 2007, which would be a 33 percent increase from 2006 — still 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Priced to Foreclose
The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. There are certainly other forces at work in every housing market,influencing both home price appreciation and foreclosure rates. A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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