3 Articles match "Florida","Phoenix","Subprime"

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High-End Foreclosures Rising Among Top Tier Homes
This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. 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
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 It is sobering to realize that weve just gotten through one wave (subprime) and are heading into several more waves of risky loans. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price
www.foreclosurepulse.com - Tuesday, December 16, 2008
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March Mania and RealtyTrac's Sweet 16 Foreclosure List
Phoenix, AZ — Opening Bid: $28,155 2) Nevada — 1685 Alamo St., Gretna, LA — Opening Bid: $25,000 2) Florida — 2224 Widener Ter, West Palm Beach, FL — Opening Bid: $10,000 3) Georgia — 3478 Thompson Dr NW, Atlanta, GA — Opening Bid: $76,500 4) North Carolina — 5032 Buckingham Dr., For the best foreclosure opportunities during the subprime meltdown, join RealtyTrac for the most comprehensive foreclosure data nationwide. Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • March Mania and RealtyTrac's Sweet 16 Foreclosure List
    Phoenix, AZ — Opening Bid: $28,155 2) Nevada — 1685 Alamo St., Gretna, LA — Opening Bid: $25,000 2) Florida — 2224 Widener Ter, West Palm Beach, FL — Opening Bid: $10,000 3) Georgia — 3478 Thompson Dr NW, Atlanta, GA — Opening Bid: $76,500 4) North Carolina — 5032 Buckingham Dr., For the best foreclosure opportunities during the subprime meltdown, join RealtyTrac for the most comprehensive foreclosure data nationwide. Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. 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
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 It is sobering to realize that weve just gotten through one wave (subprime) and are heading into several more waves of risky loans. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE