|
|
22 Articles match "Florida","State","Year"
|
The Latest from RealtyTrac
|
MORE
|
|
Secrets of Pre-Foreclosure Investing
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 million in pre-foreclosure equity deals last year, the person answering the door isn’t aware that they are in foreclosure because their spouse hasn’t told them. “I once put together a deal where the wife didn’t tell the husband that they were in foreclosure,” said Siems, who engineered the deal
www.realtytrac.com
- Tuesday, February 3, 2009
National Registration For Loan Officers Becomes Reality
Could it be that the nice person carefully writing down your social security number and financial information has committed fraud, is barred from selling loans in another state or never took a mortgage financing class? 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. National Registration For Loan Officers Becomes Reality By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
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 and the market will flatten by 2010. Defaulting on Desert Dream Homes No state has been hit harder by the foreclosure crisis than Nevada. 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.
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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
-
Foreclosures Begin 2007 at Two-Year High
New foreclosure activity in January hit its highest level since RealtyTrac began issuing a national foreclosure report two years ago, with 130,511 new foreclosure filings reported during the month. That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state foreclosure rate for much of 2006, Colorado’s foreclosure rate dropped to fourth highest among the states thanks to a slight decrease in foreclosure activity in January. Nevada took the top spot with one new foreclosure filing for every 362 households.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Priced to Foreclose
The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. Many of the states near thebottom of that list -- namely Michigan, Ohio, Indiana, Colorado, Texas and Georgia -- also appeared among the top 10 on RealtyTracs list of state foreclosure rates in the first quarter. While these states show that sluggish home price appreciation andabove-average 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
-
2006 Foreclosure Filings Surpass 1.2 Million
Colorado documented the nation’s highest state foreclosure rate, with total foreclosure filings representing 3 percent of the state’s households. Georgia and Nevada posted the second and third highest state foreclosure rates. Texas reported 156,876 foreclosure filings during the year, the most of any state and nearly 13 percent of the national total. More than 1.2 million foreclosure filings were reported nationwide during 2006, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 households, according to the RealtyTrac 2006
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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
-
1 Million Foreclosures and Counting
Foreclosures filings for the year surpassed the 1 million mark in October, when 115,568 foreclosure documents were recorded nationwide, according to the RealtyTrac U.S. The year-to-date foreclosure total stands at 1,029,132, up from 732,608 at the same time last year. Colorado and Nevada once again posted the nation’s two highest foreclosure rates thanks to increasing foreclosures in both of those Foreclosure Market Report , released today. The report shows a foreclosure rate of one new foreclosure filing for every 1,001 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
U.S. Foreclosure Activity Dips in February
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 below the 42 percent year-over-year increase documented between 2005 and 2006. RealtyTrac released its February U.S. Foreclosure Market Report today, and the report shows that U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. 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. LONG BEACH, Calif. — The CAR forecast also calls for a 2 percent drop in
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
MBA Survey Confirms Q1 Foreclosure Surge
State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. Those four states accounted for 47 percent of the total foreclosure activity in the RealtyTrac report and 42 percent of the foreclosure starts in the MBA report. The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. Foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|
