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71 Articles match "Houses","Real Estate","US"
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The Latest from RealtyTrac
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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. It appears everywhere and is never challenged, as if real estate investors are somehow disposable players in the foreclosure mess. However, none of these efforts are a silver bullet that will undo the excesses of the past years, nor are they designed to bail out real estate speculators or those who committed Don’t Dump Investors By Peter G. Miller When it comes to bailing out
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
Lastly, we have the real attraction of option ARMs, the option payment itself, a payment which is insufficient to even pay off the monthly interest cost. Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by 2007. A loan with four payment options may seem fairly understandable, but in the real world a lot of borrowers did not take out option ARMs because they wanted to make fully-amortizing payments. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right
www.realtytrac.com
- Tuesday, February 3, 2009
Can "Appreciation Sharing" Solve The Mortgage Mess?
Miller We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. The just-passed Housing and Economic Recovery Act includes provisions that will help some 400,000 families replace toxic loans with FHA financing. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. It’s a big experiment and it raises a bigger question: Is this the loan of the future?
www.realtytrac.com
- Tuesday, February 3, 2009
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever. Today, in the new digital democracy, more than 80 percent of house-hunters use the Internet to help them find a home, according to the National Association of Realtors . The Internet is rapidly and radically transforming the way people buy and sell homes. Ten years ago, only a fraction of homebuyers and sellers
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 Fears that the million units in February, higher than the 1.4 million units economists had predicted and the largest monthly increase since January 2006.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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For Sale - REO Houses and Bank-Owned Properties - RealtyTrac
REO House and Properties For Sale Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. Locate your perfect REO property: Find below-market priced properties Where to Look for that perfect REO House An REO house means real estate owned by the bank. Also called a bank foreclosure, this frequently happens once a home owner defaults More than 1 million total properties including For Sale by Owner, New Construction, Resale, and Home Auctions! Your No.1
www.realtytrac.com
- Tuesday, February 3, 2009
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2007: Housing Slowdown Good for Foreclosures
The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S. housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. That means 2007 should be a good year for anyone involved in the foreclosure percent on average next year, after an almost 50 percent run-up in appreciation between 2001 and 2006, says the Chapman Economic & Business Review December 2006 . Housing starts are expected to remain
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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New Illinois Housing Law Draws 2nd Suit
The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If Under the law, if a borrower’s FICO credit score is 620 or less, a borrower must get financial counseling sessions from a U.S. Two law suits have been filed against a controversial Illinois law that mandates financial counseling for certain consumers obtaining mortgages or refinancing loans in 10 ZIP code areas in Chicago.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A 'Dialogue' on the Housing Market
Expectation is a key factor in the movement of the real estate market up or down. Are people being pessimistic about their local real estate market? Please feel free to comment on this article, or write an e-mail to us at: editor@foreclosurepulse.com . Posted 11-29-2006 9:05 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Appreciation Rates Foreshadow Foreclosures
Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low. The OFHEO report shows national house prices rose 7.73 percent from the third quarter of 2005, down from a 10.06 percent increase in the second quarter and down from a high of a 13.9
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news. RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How to Buy HUD Home Foreclosures - RealtyTrac
Almost anyone can qualify to buy a home owned by the U.S. Department of Housing and Urban Development (a HUD home) so long as they either have the cash in hand or can qualify for a loan to finance the purchase. HUD home foreclosures have already gone through the entire foreclosure process. HUD now has become the owner of the real estate. How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. More than 1 million total properties including For Sale by Owner, HUD Home
www.realtytrac.com
- Tuesday, February 3, 2009
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