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20 Articles match "Foreclosures","March","Sales"
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The Latest from RealtyTrac
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Q&A: The Outlook for Home Foreclosures
Q&A: The Outlook for Home Foreclosures Time Home sales and prices seem to be on the mend — but the foreclosure crisis marches on. TIME's Barbara Kiviat spoke with Rick Sharga, vice president of RealtyTrac, a firm that counts foreclosures...( read more
Foreclosure Pulse
- Thursday, November 5, 2009
Option ARM Borrowers Running Out Of Time
For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. See: "Mortgage Liquidity du Jour: Underestimated No More," March 2007.) "Option ARMs only provide borrowers with these payment options for a finite timeframe," explained Credit Suisse in its 2007 study, "which sets the stage for a significant payment shock when payments are recast to the fully amortizing rate at the current interest rate
www.realtytrac.com
- Tuesday, February 3, 2009
March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. Foreclosure Report, which was issued earlier today. Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. A glimmer of hope or the calm before the storm? See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up 7 Percent in March
With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago, according to RealtyTracs foreclosure market report that was released yesterday. The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing households. Nevada documented the highest state foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. Foreclosure Report, which was issued earlier today. Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. A glimmer of hope or the calm before the storm? See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bank-Repossession Beat Continues in March
foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S. Foreclosure Market Report . And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners For the third month in a row U.S. In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Mania and RealtyTrac's Sweet 16 Foreclosure List
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. This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure list. SW, Albuquerque, NM — Opening Bid: $83,892 SOUTH REGION SEMIFINAL With many homeowners singing EAST REGION SEMIFINAL The dollar goes a long way in Pittsburgh. Got an extra $1,650?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Q&A: The Outlook for Home Foreclosures
Q&A: The Outlook for Home Foreclosures Time Home sales and prices seem to be on the mend — but the foreclosure crisis marches on. TIME's Barbara Kiviat spoke with Rick Sharga, vice president of RealtyTrac, a firm that counts foreclosures...( read more
Foreclosure Pulse
- Thursday, November 5, 2009
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Foreclosures Take a Spring Break
Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today. total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during A households. Nevada documented the highest state foreclosure rate for the fourth month in a row, with one foreclosure filing for every 232 households — more than three times the national
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure "Megatrends"
Foreclosures are rising. Sales are down. In a presidential year, Uncle Sam and politicians nationwide are rushing to unveil new and bolder schemes to unravel the foreclosure crisis. As federal, state and local government weighs in of the rising foreclosure mess, look for new plans to halt the foreclosure train wreck. Home prices are falling. What does all this mean?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Thriller — Pay Up or Beat It
On March 19, at 1:00 p.m., filed the notice of trustee’s sale with the Santa Barbara County Superior Court on February 26th. View auction notice on RealtyTrac . “We We are starting to see evidence of a rise in high-end foreclosures across the nation,” said James J. and the scheduled auction of Michael Jackson’s Neverland Ranch, it appears that even the rich For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. Following closely on the heels of another trophy property recently sold on the auction block,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic. The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became much more personal for one Long Beach, Calif ., Laura Richardson has lost, via foreclosure, the 1,600 square-foot, two-story Sacramento home with three bedrooms and 1.5 politician. Multiple media outlets are reporting that U.S. Rep.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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