12 Articles match "Houses","January","Report"

• The Best from RealtyTrac

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• Feb. Foreclosure Report: Are We at Bottom Yet?
  
  Foreclosure Market Report . 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. 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. So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Housing Starts Rise, Though Permits Fall
  
  The pace of new home construction jumped in February by the largest amount in more than a year, but building permits continued to decline, indicating future weakness in the housing market, according a new Commerce Department report today. Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 million million units in February, higher than the 1.4 That's a welcome rebound following the decline last month, when construction activity nose-dived more than 14 percent.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Price Appreciation Stays Sluggish
  
  An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of 2006 shows home prices were up 1.1 percent year-over-year increase reported in the third quarter of 2006. percent from the previous quarter and up 5.9 percent from the fourth quarter of 2005 — down from the 7.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007. percent reported in the fourth quarter of 2007 and up 93 percent from the 1.28 percent reported in the first quarter of 2007. The trend lines are even closer when looking The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. That closely mirrored the trend in MBA’s foreclosure rate, which put
  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. Foreclosure filings were reported on 243,353 U.S. properties during the month -- certainly a big number, although only a tiny fraction According to the RealtyTrac U.S. Still, nearly a quarter million properties in one month can have a significant impact on a housing market that is registering about 5 million existing home sales for the entire year . "Although
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate.
  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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• Too Soon For a Comeback
  
  Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3 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. At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. The bottom line is that no one can say anything
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed, World's Banks Pull Off Global Rate Reduction
  
  rdquo; The New York Times reported Wednesday that in a speech delivered the day before to members of the National Association for Business Economics, Bernanke said the economic turmoil has caused the Fed to downgrade its “already-gloomy economic outlook.” rdquo; In fact, during that speech Bernanke made it clear that the housing market was a key factor in that outlook. “Economic activity had shown signs of decelerating even before the recent upsurge in financial-market tensions. In an unprecedented move aimed at quelling the mounting tidal wave of unrest affecting the world’s economies and investors, the Federal Reserve, in partnership with other central banks around the world, pulled off a coordinated reduction of short-term interest rates Wednesday.
  www.foreclosurepulse.com - Thursday, December 18, 2008
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• When Foreclosure Is Not Politically Correct
  
  politician. Multiple media outlets are reporting that U.S. 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. In addition to defaulting on the mortgage payment, the MercuryNews is reporting that Richardson had a lien against the property for unpaid utility bills in the amount of $154, and 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
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