9 Articles match "Homes","Prediction","Research"

• The Best from RealtyTrac

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• You Too Can Predict the Future...Maybe
  
  The way things are going nowadays you too have about as much a chance of correctly predicting whether the nation and the state of California are either headed towards, or are already in, a recession as any of the professionals who do it for a living. think subprime loans have made it possible for a lot of low-income households to buy a home for the first time. Time to dust off those Ouija boards and take out the tea leaves. It’s a 50-50 crapshoot no matter which way you lean on the issue.
  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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• Foreclosures: Chicken or Egg?
  
  and Director of the Real Estate Research Council of Southern California . Carney was speaking at the research council’s most recent quarterly luncheon, where foreclosures were the topic of the day. That slowing of demand had a domino effect, causing home sales to slow and home price appreciation to flatten and even go negative in the first quarter of 2007, according to Carney’s research. It’s a classic chicken-and-egg question: are foreclosures a cause or a symptom of the slumping housing market? One Southern California economist believes they’re clearly
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Defaulting on the American Dream: A Troubling Trend
  
  A rising number of Americans — particularly those who took out riskier adjustable-rate and subprime mortgages — are increasingly defaulting on their loans, according to figures released this week by RealtyTrac , providing striking evidence that a growing number of borrowers are at risk of losing their homes. Foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. Last year, 1,259,118 U.S. properties entered some stage of foreclosure, up from 850,000 properties in 2005, according to RealtyTrac research .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures: the Coming California Crash?
  
  California foreclosure investors now have an opportunity to tap the knowledge of a 25-year real estate investing veteran who correctly predicted the last two major swings in the California real estate market and is on the verge of correctly predicting another. “Bruce Bruce Norris was dead right” about home prices in California doubling in the early 2000s after hitting bottom in 1997, said Michael Carney, Director of the Real Estate Research Council of Southern California. Carney went on to say that he thinks Norris’ latest prediction, made in early 2006, that foreclosures will soar and home prices will plummet in the next few years is also likely to be correct.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Forecasters Change Housing Estimates for '07/'08
  
  Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., The drop in residential construction is steeper and over a longer time than many analysts had predicted. As Chapman predicted, in its statement released Thursday the Federal Open Market Committee justified keeping the rate as is due to noticeable improvement in core inflation in recent months. “Economic growth appears to have been moderate during the first half of this year, despite the ongoing adjustment in the The nation’s housing market is not cooperating the way analysts at the A. had hoped
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Mid-Year Report: Nation Not Over the Hump Yet
  
  Gary Anderson Center for Economic Research at Chapman University are looking to lead the way back to prosperity. rdquo; Banks are holding back on all types of lending, the report notes, and probably for good reason considering the $300 billion in write downs already taken by the nation’s financial institutions, with the prospect of more on the way, depending on which direction home prices go in the future. Median home prices have already dropped 13.6 As it has in times past, real estate has led this nation into recession, and it will lead us out as well — when the signs are there for a recovery.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Gentle Ben Says the "R" Word...Finally!
  
  Although home sales are starting to see some recovery, most experts are predicting that home prices have a while to go before they hit rock bottom. After all, by the time you do your research, find the property that’s right for you, and actually close escrow, who knows? Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But during his first day of testimony before Sen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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