6 Articles match "Houses","Los Angeles","Washington"

• The Best from RealtyTrac

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• History in Sen. Dodd's Favor, But Nothing Else
  
  time when politicians come out in droves to complain to the American public about pork-barrel spending and the massive red tape involved by increased Washington bureaucracy. formed in the 1930s to deal with foreclosures, the new agency would assist homeowners in refinancing their subprime mortgages — many of which are now resetting at much higher interest rates, resulting, in many cases, in foreclosures, according to a report in the Los Angeles Times . It’s a presidential election year. A
  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 billion, Dallas and Washington at $4 billion each, and Chicago at $3.9 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. Conference of Mayors .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Fouls Up Sports Stars
  
  Two recent cases in point: record-setting baseball player Jose Canseco , and former NBA star Latrell Sprewell . Canseco, who first came to prominence as a right fielder with the Oakland Athletics back in the 1980s, has decided to walk away from his home in the Los Angeles suburb of Encino, Calif. Canseco owed Washington Mutual more than $2.5 It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected to the emotional highs and lows of
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. The home’s former owner also claims that she kicked in $15,000 towards Richardson's closing costs, according to the Los Angeles Times . 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  Still, on a yearly basis existing home sales were down almost 24 percent from February 2007, and the national median sales price for all housing types for the month was down 8.2 percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble.
  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 quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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