5 Articles match "Foreclosures","Los Angeles","News"

The Latest from RealtyTrac 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% percent decline and Los Angeles with a 26.2 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 to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Fed's Latest Moves No Real Surprise
Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year). But it can’t be very settling for the nation’s homeowners either, as many more continue to face foreclosure in the coming months until a bottom of the market is clearly defined. Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures Fade in World Series Spotlight
The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation . Detroit’s Wayne County reported 4,190 properties entering foreclosure in September, the second most only behind Chicago’s Cook County (whose fans didn’t have any team to cheer in the playoffs this year). The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • 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) REDC) drew an estimated 1,800 potential 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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  • Foreclosures Fade in World Series Spotlight
    The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation . Detroit’s Wayne County reported 4,190 properties entering foreclosure in September, the second most only behind Chicago’s Cook County (whose fans didn’t have any team to cheer in the playoffs this year). The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Fed's Latest Moves No Real Surprise
    Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year). But it can’t be very settling for the nation’s homeowners either, as many more continue to face foreclosure in the coming months until a bottom of the market is clearly defined. Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. the city with the nation’s highest foreclosure rate in February, according to RealtyTrac. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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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% percent decline and Los Angeles with a 26.2 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 to the S&P/Case-Shiller Home Price Index released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE