4 Articles match "History","Houses","Los Angeles"

• The Best from RealtyTrac

  MORE

• History in Sen. Dodd's Favor, But Nothing Else
  
  formed in the 1930s to deal with foreclosures, the new agency would assist homeowners in refinancing their subprime mortgages — many of which are now resetting at much higher interest rates, resulting, in many cases, in foreclosures, according to a report in the Los Angeles Times . Pollack, a resident fellow at the American Enterprise Institute , a conservative think tank, told the Times that he thought the plan was “a reasonable project” during hard economic times that has historical precedent. Dodd is scheduled to hold a private meeting with Federal Reserve Chairman Ben
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosures Fade in World Series Spotlight
  
  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. And foreclosures are just the tip of the iceberg when it comes to the city’s economic woes, reports the Los Angeles Times , which cites the decline of the automotive industry as the primary culprit. But 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• When Foreclosure Is Not Politically Correct
  
  Details of the property’s history on the RealtyTrac website show that a Notice of Default was recorded against it on Dec. The home’s former owner also claims that she kicked in $15,000 towards Richardson's closing costs, according to the Los Angeles Times . But they should be very cautious in doing so given that there is no clear sign the housing market has reached bottom yet. Posted 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.
  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. Still, on a yearly basis existing home sales were down almost 24 percent from February 2007, and the national median sales price for all housing types for the month was down 8.2 When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE