5 Articles match "Inventory","Land"

• The Best from RealtyTrac

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• FDIC Selling Off Detroit Inventory
  
  The property mix will include single-family, duplex, triplex and commercial properties plus land. 30, 2008, at the Rock Financial Showplace. Posted 09-02-2008 8:45 AM by joelc Filed under: Foreclosure Auctions Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Now Homebuilders Face Foreclosure
  
  Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales gimmicks to try and lure nervous buyers back into the market. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Seattle, Wash.
  
  Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. Lenders who have huge inventories of unsold REO properties are especially interested in selling their inventorie Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by better offers.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Don't Dump Investors
  
  Economists believe there are four basic sources of wealth: land, labor, capital and entrepreneurial ability. Given the enormous fall in home sales, would it not be smart to encourage investors to enter the marketplace, absorb inventory and increase the number of buyers looking for properties? Saving investors from foreclosure would keep additional properties off the market, thus reducing inventories and perhaps returning home values to normal more quickly than would Don’t Dump Investors By Peter G. Miller    When it comes to
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  In my opinion, we are going to see around 50% home price drop from peak in 2007(for south land) before price can stabilize. If you move westward other cities like Upland, Claremont, La Vern, San Dimas, Glendora, Azusa, Covina, Monrovia, Arcadia, San Gabriel, Temple City, Alhambra, Rosemead and Monterey Park, house price does not drop too much, probably around 5 to 10%. Remember the old real estate adage, "locationX3" and follow (1) the price trend in your local area — metro region, county or city), (2) "days on market" statistic and (3) supply/demand ratio (inventory in months).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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