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5 Articles match "Inventory","Miami","Sales"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The 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 in relatively wealthy communities. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
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 The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Local Market Perspective: Cape Coral, Fla.
In my most recent transaction I had a law firm, a title company for the law firm, and a title company on this coast for the title company in Miami. Bulk Sales in developments are almost becoming the normal procedure to really find a great deal. think there is too much inventory and the buyers cant decide what to bu Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights about what is happening on the ground in their local housing market, particularly as it relates to foreclosures.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. 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. Out of those nine contracts, nine have been beat by better offers. I
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Immediate Relief Nowhere to Be Found
came out with negative reports this month, supporting the notion that the nation’s inventory of available properties — particularly the supply of properties in foreclosure — will remain elevated for at least the immediate future. The biggest decliners were Las Vegas and Miami, with 26.8 Adding more insult to injury, Three top indices of economic health in the U.S. According to its latest report released Tuesday, Standard & Poor’s said home prices across the nation continued to fall in April 2008, with prices in all 20 metro areas it studies for the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
In my most recent transaction I had a law firm, a title company for the law firm, and a title company on this coast for the title company in Miami. Bulk Sales in developments are almost becoming the normal procedure to really find a great deal. think there is too much inventory and the buyers cant decide what to bu Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights about what is happening on the ground in their local housing market, particularly as it relates to foreclosures.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The 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 in relatively wealthy communities. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
-
As Home Prices Plummet, When Will You Buy?
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 The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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