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9 Articles match "Households","Metro","Properties"
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The Latest from RealtyTrac
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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 Prices in those metro areas were down 19.5 quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. quot; Las Vegas and Phoenix posted the two biggest annual percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
FDIC Selling Off Detroit Inventory
to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The property mix will include single-family, duplex, triplex and commercial properties plus land. With one in every 176 households receiving a foreclosure filing during July, the Detroit metro area had the 18th highest foreclosure rate among the 230 MSAs reported by RealtyTrac for The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures Fade in World Series Spotlight
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 city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. 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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Stacking Up 2007 Metro Foreclosure Rates
Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year. Five other California metro areas joined Stockton in the top 20: Riverside-San Bernardino at No. Florida accounted for three metro areas in the top 20: Miami at No. It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. 4, Sacramento at No.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Tops PMI's Risk Index
Of the top 50 metros, 19 face a more than 50 percent chance of declining home prices through the end of 2008. The Sacramento-Arden-Arcade-Roseville, CA, metro area topped the list with a score of 604 (a 60.4 The San Diego-Carlsbad-San Marcos, CA, and Oakland-Fremont-Hayward, CA, metro areas tied for second place with a score of 603. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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FDIC Selling Off Detroit Inventory
to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The property mix will include single-family, duplex, triplex and commercial properties plus land. With one in every 176 households receiving a foreclosure filing during July, the Detroit metro area had the 18th highest foreclosure rate among the 230 MSAs reported by RealtyTrac for The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. in March, spurred by investors taking advantage of low prices on foreclosed properties." moratorium on all foreclosure sales scheduled in April there has now been replaced by a pilot program that delays foreclosure proceedings on owner-occupied properties 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005. properties during the month -- certainly a big number, although only a tiny fraction of the nation's 126 million total housing units. Still, nearly a quarter According to the RealtyTrac U.S. Foreclosure filings were reported on 243,353 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Fade in World Series Spotlight
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 city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. 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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Local Market Perspective: Seattle, Wash.
In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. The Seattle metro area has a strong economic foundation with many companies doing extraordinarily well due to international business. Our median household income is about $72,000 annually — among the highest in the country. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by better offers.
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 Prices in those metro areas were down 19.5 quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. quot; Las Vegas and Phoenix posted the two biggest annual percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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