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12 Articles match "Foreclosures","Las Vegas","Miami"

The Latest from RealtyTrac MORE
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 behind on their
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 More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Motor City Tops MSA Foreclosure List in Q3
As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Foreclosure Activity Backs Off 30-Month High
    Foreclosure activity decreased 7 percent in June, backing down from a 30-month high reached in the previous month, according to the RealtyTrac U.S. Foreclosure Market Report issued today. Despite the month-over-month decrease, however, foreclosure filings were still up 87 percent from June 2006. Nevada continued to register the nations highest state foreclosure rate, with one foreclosure filing for every 175 households — more than four times the national average. California switched spots with Colorado to claim the nations second highest foreclosure rate —
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Motor City Tops MSA Foreclosure List in Q3
    As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Home Prices Fall Deeper Into the Abyss
    Biggest decliners on a yearly basis were Las Vegas (-28.4 percent) and Miami (-28.3 Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. On a monthly basis, from April to May the worse decliners were Miami (-3.6 Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie, Brooks’
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Activity Up in 77 of Top 100 Metros
    RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Saccacio said in a statement that foreclosure activity increased on a quarterly basis in 77 out of the nations 100 largest metro areas. “Although Although cities in just three states — California, Ohio and Florida — accounted for more than two-thirds of the top 25 metro foreclosure Company CEO James J. Still, there continue to be pockets of the country — most noticeably metro areas in the Carolinas, Virginia and Texas — that have
    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 behind on their
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Foreclosure Filings Soar 90 Percent
    A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . There were 176,137 foreclosure filings in May, up 19 percent from April. U.S. James J.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Stacking Up 2007 Metro Foreclosure Rates
    It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year. Florida accounted for three metro areas in the top 20: Miami at No. Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No. 4, Sacramento at No.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Seattle, Wash.
    Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. The Seattle market is not what you see on the news, hear on the radio, or read in the paper in terms of the rest of the nation’s foreclosure woes. Seattle did not experience the “urban sprawl” boom seen in so many other cities plagued with foreclosure woes. Out of those nine contracts, nine have been beat by better offers. In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Home Price Indices Reporting Record Lows
    rdquo; According to Case-Shiller, the weakest market in the country is currently Las Vegas, followed closely by Miami and Phoenix. 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. The market is obviously nowhere near ready to bottom out and come back yet, meaning there is still 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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  • Immediate Relief Nowhere to Be Found
    came out with negative reports this month, supporting the notion that the nation’s inventory of available properties — particularly the supply of properties in foreclosure — will remain elevated for at least the immediate future. The biggest decliners were Las Vegas and Miami, with 26.8 In the meantime Three top indices of economic health in the U.S. According to its latest report released Tuesday, Standard & Poor’s said home prices across the nation continued to fall in April 2008, with prices in all 20 metro areas it studies for the
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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