15 Articles match "Homes","June"

• The Best from RealtyTrac

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• Rise in Home Values Keeps Foreclosures in Check
  
  Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980. While this is good news for anyone who owns a home, there is a potential downside to this forecast for Reaching a double-digit peak above 14 percent before dropping back to 9 percent over the past six months, the rate of price appreciation is still more than double the norm (4 percent) for the nation over time.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  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. 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 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• More Trouble for Ed McMahon
  
  The loan is secured by the star’s Beverly Hills home, which went into foreclosure back in June for $644,000 owed on a $4.8 In interviews with Al Roker on “The Today Show” and Larry King Live on CNN back in June, McMahon admitted that poor money management, bad investments and two divorces led to the financial dilemma he and his wife Pamela now face. McMahon’s Beverly Hills home remains on the market at $4.6 Things seem to be going from bad to worse for Ed McMahon, former sidekick to Johnny Carson on “The Tonight Show” and corporate spokesman for the American Family Publisher’s sweepstakes.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Whitney Houston: Diva in Default
  
  Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . was listed as a pre-foreclosureon RealtyTrac in June with an original loan amount of $975,000. Houstonis one of several celebrities in the past year to face foreclosure action ofsome kind. home The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. Houston’spublicist told a local newspaper that
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  The state went from the seventh highest total of foreclosures in the nation in April to the fourth highest total in June. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. Mortgage delinquencies continue to rise, the number It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Looking to develop property? Try foreclosures.
  
  Although most of the foreclosure properties listed on RealtyTrac are single family homes, any type of property can fall into foreclosure. This property was originally listed on RealtyTrac in May with an auction date in June. A preschool, a one-story office building and a drugstore all are nearby, and hundreds of condos and single-family homes ring the area. That includes all kinds of commercial property and unfinished developments -- like one in San Antonio that sold at foreclosure auction Tuesday for $4.77 million, according to the San Antonio Express-News : A creditor foreclosed
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. Now homes that sold for $30,000 are selling for $100,000 in Houston. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Michigan Goes Hollywood to Help Homeowners
  
  In June 2008 — the most recent monthly ranking available from RealtyTrac — the Great Lakes State ranked fifth nationally, reporting 12,025 properties with foreclosure filings, accounting for 5 percent of the nation’s total foreclosure filings for the month. With all these distressed homeowners getting into financial trouble, combined with layoffs from the auto industry, it’s understandable that the state government may want to do something to promote homeownership and to educate its citizens about the details of what owning a home really means from a practical
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Legislating Lower Foreclosure Rates?
  
  But opponents say the law is cutting down on the legitimate loans available to residents of the 10 zip codes and thereby will lower house values by reducing the number of potential buyers who can qualify for a loan, creating a glut of unsold inventory. The bill requires certain “high risk” mortgage applicants to receive credit counseling before taking out a home loan, and only applies to state-chartered loan originators, not federally chartered loan originators, according to the Chicago Association of Realtors. One such law is Illinois Senate Bill 2349 , which passed back in June
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Immediate Relief Nowhere to Be Found
  
  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 S&P/Case-Shiller Home Price Indices showing annual declines. and its June measurement (50.4) Adding Three top indices of economic health in the U.S. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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