9 Articles match "Increase","Las Vegas","Properties"

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• Local Market Perspective: Las Vegas
  
  Shari Springer Springer Realty The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 Properties owned by banks and other lenders are accounting for more than half of all the homes sold each month. The medium price of a single-family home sold in the Las Vegas area decreased by 3 percent from $243,169 in March to $235,875 in April, percent jump over the 1,478 homes sold in March. The sales are 29.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Prices Fall Deeper Into the Abyss
  
  Biggest decliners on a yearly basis were Las Vegas (-28.4 percent) and Las Vegas (-2.9 Since August 2006 there has not been one month where we have seen overall price increases, as measured by the two Composites,” said David M. For potential homebuyers, investors and real estate professionals, it means the flow of foreclosed properties should continue into the indefinite Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Filings Soar 90 Percent
  
  Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  in March, spurred by investors taking advantage of low prices on foreclosed properties." moratorium on all foreclosure sales scheduled in April there has now been replaced by a pilot program that delays foreclosure proceedings on owner-occupied properties until the homeowner and lender meet in a "conciliation conference," according to the Philadelphia Business Journal . Meanwhile, foreclosure activity continues to increase at a torrid pace in many of the now-familiar foreclosure hot spots: While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50 over a year earlier, with an average score of 342. The Las Vegas, NV, metroplex came in second with 5.38 Members of RealtyTrac looking to invest in foreclosure properties around the country would be wise to keep track of activity in PMI’s top 50 metro areas. 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. Market Risk
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  percent from February 2007, although the median home price of a new home increased 8.2 What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. Las Vegas and Miami had the greatest price drops (both down 19.3 When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 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 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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