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10 Articles match "Houses","Los Angeles","Real Estate"
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The Latest from RealtyTrac
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California Home Sales and Prices Inch Up
California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more )
...Tags: Tags: foreclosure rates defaults foreclosur
Foreclosure Pulse
- Friday, October 16, 2009
As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Fed's Latest Moves No Real Surprise
Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters.” rdquo; The New York Times commented today that the decision to keep the key rate where it is clearly demonstrates the Fed’s limited ability to solve a problem involving the nation’s housing and mortgage markets. Remarking on the Fed’s Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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California Home Sales and Prices Inch Up
California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more )
...Tags: Tags: foreclosure rates defaults foreclosur
Foreclosure Pulse
- Friday, October 16, 2009
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. Overall,the foreclosure rate in the Los Angeles region has doubled sinceOctober, according to RealtyTrac Inc., At the same time, thesteep rise in housing prices over the last few years has created amassive amount of equity in many properties — a tempting target forswindlers. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed's Latest Moves No Real Surprise
Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters.” rdquo; The New York Times commented today that the decision to keep the key rate where it is clearly demonstrates the Fed’s limited ability to solve a problem involving the nation’s housing and mortgage markets. Remarking on the Fed’s Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Room Enough for a Catnap
In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting. The original report that went out said they were mountain lions, according to The Los Angeles Times . Representatives of animal control services noted that bobcats What are they waiting for? Hopefully the right time to pounce on a devastated market, timing the bottom of the market before the turnaround begins.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Fade in World Series Spotlight
And foreclosures are just the tip of the iceberg when it comes to the city’s economic woes, reports the Los Angeles Times , which cites the decline of the automotive industry as the primary culprit. But for at least five games, the city has pushed concerns about the housing market and the economy to the backburner and chosen to focus on baseball: “The local news media have started calling Detroit "Tiger Town." 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Tops PMI's Risk Index
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. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas (MSAs)
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mayors Predict Rising Foreclosures in 2008
That will worsen the already sharp housing downturn, with ripple effects on hiring and spending. billion in economic activity in 2008, followed by Los Angeles at $8.3 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends Comments Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
The home’s former owner also claims that she kicked in $15,000 towards Richardson's closing costs, according to the Los Angeles Times . Real estate investors and potential home buyers who want to find the type of deal that Red Rock apparently realized at the foreclosure auction of Richardson’s property can start mining the foreclosure marketplace . But they should be very cautious in doing 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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Economic Indicators: Image Is Everything
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. Four real estate industry related reports have already been released this week, and Wall Street has reacted. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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