13 Articles match "Houses","January","Properties"

• The Best from RealtyTrac

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• Housing glut gives foreclosure buyers and investors advantage
  
  Storm clouds are gathering over the nation’s battered housing market. Fueling the latest concerns is a deluge of discouraging data in the housing sector. million empty houses were listed for sale during October, November and December, according to the Census Bureau . That suggests that prices may have to fall further for sales Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Feb. Foreclosure Report: Are We at Bottom Yet?
  
  The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season. foreclosure activity was down 6 percent from January. The more important indicator is the year-over-year increase, which has been between February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report .
  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. 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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• Michigan Goes Hollywood to Help Homeowners
  
  Rather, it’s more of a “reality” television show. The State of Michigan is hitting the airwaves with a cable television show of its own called “House Michigan” aimed at promoting homeownership and everything that entails. Since January 2006 Michigan has ranked in RealtyTrac’s top 10 states with the greatest foreclosure activity in the nation, most of that time maintaining a position in the top five. Lights! Camera!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. RealtyTrac estimates the current market value of the property at $503,000. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  percent reported in the first quarter of 2007. The trend lines are even closer when looking at the RealtyTrac first quarter foreclosure rate (0.515 percent of total housing units with a foreclosure filing during the quarter), which was up 21 percent from the fourth quarter of 2007 — exactly the same percentage increase as the MBA foreclosure rate — and up 109 percent from the first quarter of 2007. The total number of properties with foreclosure filings in the RealtyTrac April report was the highest monthly total since RealtyTrac began issuing the report in January
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Governor Suspends Controversial Law Affecting Investors
  
  But House Bill 4050 (renamed Public Act 94-280) is now null and void, which should be a relief to real estate investors and prospective homebuyers looking for bargain property in south Chicago . Rod Blagojevich suspended the law on January 19, 2007. With HB 4050 effectively dead, homeowners — some of whom have taken out second and even third mortgages on their It was controversial when it took effect, and it remained controversial until public officials decided enough was enough – roughly a little more than a year later. Responding to the public outcry of legislative redlining,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. Because investor properties lost to foreclosure will continue to flood the market, driving down all home values. Long-term holders of real estate have commonly benefited from property prices which have increased faster over time than the rate of inflation, thus creating increased buying power and real wealth. Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks,
  www.realtytrac.com - Tuesday, February 3, 2009
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• Too Soon For a Comeback
  
  According to the official statement of the Office of Federal Housing Enterprise Oversight (OFHEO), a monthly increase in prices was reported between January and February 2008 for seven out of the nine census divisions tracked by the agency. There will be plenty of time and a large selection of properties to choose from when deciding which ones are in the right locations for them and at the best bargain prices. Posted 04-23-2008 8:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Legislating Lower Foreclosure Rates?
  
  An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors. But opponents
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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