3 Articles match "Income","Los Angeles","Washington"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 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 The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. 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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Mayors Predict Rising Foreclosures in 2008
Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity. billion in economic activity in 2008, followed by Los Angeles at $8.3 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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Economic Indicators: Image Is Everything
percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. households surveyed, consumer perception about the nation’s economy is generally pessimistic about everything from current business conditions to short-term expectations for the future, the outlook for the labor market and chances to see their incomes increasing in the near future. 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Mayors Predict Rising Foreclosures in 2008
    Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity. billion in economic activity in 2008, followed by Los Angeles at $8.3 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
    READ MORE
  • Economic Indicators: Image Is Everything
    percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. households surveyed, consumer perception about the nation’s economy is generally pessimistic about everything from current business conditions to short-term expectations for the future, the outlook for the labor market and chances to see their incomes increasing in the near future. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    percent decline and Los Angeles with a 26.2 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 The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. 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
    READ MORE