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10 Articles match "Journal","Sales"
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The Latest from RealtyTrac
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Those Who Lose Homes May Face State Tax Hit
New-Home Sales Post Another Strong Gain August 26, 2009, Wall Street Journal New-home sales climbed more than anticipated in July, staging their fourth straight month of strong gains to add to evidence that the housing market is emerging from its long...( read more )
...Tags: Tags: ForeclosureTrends foreclosures rate
Foreclosure Pulse
- Wednesday, August 26, 2009
Regulators Shut Down Banks in Five States
High-End Homes Frozen Out of Budding Housing Rebound Wall Street Journal Housing is fast dividing into two markets: Sales of low- and moderately priced homes are picking up and values have stopped falling in some parts of the nation. But on the upper...( read more
Foreclosure Pulse
- Monday, August 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. government, Fannie and Freddie dont need to be solvent," says the Wall Street Journal. "They Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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Those Who Lose Homes May Face State Tax Hit
New-Home Sales Post Another Strong Gain August 26, 2009, Wall Street Journal New-home sales climbed more than anticipated in July, staging their fourth straight month of strong gains to add to evidence that the housing market is emerging from its long...( read more )
...Tags: Tags: ForeclosureTrends foreclosures rate
Foreclosure Pulse
- Wednesday, August 26, 2009
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Regulators Shut Down Banks in Five States
High-End Homes Frozen Out of Budding Housing Rebound Wall Street Journal Housing is fast dividing into two markets: Sales of low- and moderately priced homes are picking up and values have stopped falling in some parts of the nation. But on the upper...( read more
Foreclosure Pulse
- Monday, August 3, 2009
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Screech from "Saved by the Bell" in Foreclosure
This is different from your typical foreclosur e because it doesnt involve a lender foreclosing on a defaulted loan; it involves a landowner foreclosing on a land contract, according to the Milwaukee Journal-Sentinel . Any advice from you investors out there if the T-shirt sales dont work out? Posted 06-22-2006 3:18 PM by darenb Filed under: Pre-Foreclosure The Associated Press is reporting that actor Dustin Diamond from televisions "Saved by the Bell" is selling T-shirts to help bail his home out of foreclosure. "Diamond, 29, is trying to sell nearly 30,000 shirts – at $15 or $20 (autographed) each – to supplement the income he makes as a standup comic so he doesn’t have to move from his Port Washington home, about 25 miles north of Milwaukee."
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Subprime Market Sinking Further Into the Abyss
The Orange County Business Journal reported Monday that Wall Street analysts are now predicting possible liquidation or bankruptcy for the once high flying subprime lender. As this story continues to unfold, real estate investors, homebuyers and industry professionals are some of the legitimate sources of salvation for homeowners who may now be facing not only higher mortgage payments, but the sale of their loan servicing contract to a totally different lender who acquires it in bankruptcy. The latest developments in the subprime lending market should have the entire real estate industry up in arms (figuratively and literally).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
The Detroit Free Press reported that "Detroit home sales shot up 30.8% 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 . Foreclosure sales originally scheduled for April and May will be postponed until at least July. 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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Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. Commerce Department reported that new home sales in February were down 1.8 Wall Street Journal article today reports that many buyers are already doing that in Cape Coral-Fort Myers, Fla., 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 perceives them as bad, the market takes an immediate
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
The Milwaukee Journal Sentinel posted a similar article last month. There are some (not all) reputable investors who will pay the deficit balance, ask you to keep the existing loan in your name and assist in selling the home, often taking a portion of the profits as payment for using their money while the property is for sale. An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Greed and Deceit Get Their Comeuppance in Any Cycle
For all of today’s lenders who threw caution to the wind looking to cash in from the real estate frenzy of the past six years, the price they’re paying is bankruptcy, corporate dissolution or sale, or at least eliminating their subprime divisions. Also, a well-known online news source for the mortgage industry has published a new online journal called “The Mortgage Graveyard” detailing the struggles and failures of mortgage companies dating back to 1999. Greed and deceit. It’s a recurring theme in the real estate industry; mostly visible in the financial sector, although one
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. government, Fannie and Freddie dont need to be solvent," says the Wall Street Journal. "They Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. 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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