|
|
13 Articles match "June","May"
|
The Latest from RealtyTrac
|
MORE
|
|
Can "Appreciation Sharing" Solve The Mortgage Mess?
In June the headline from a Mortgage Bankers Association news release said that “Delinquencies and Foreclosures Increase in Latest MBA National Delinquency Survey.” But in an environment where mortgages for those with imperfect credit has largely closed down, the HOPE approach may be one way to re-start the marketplace.” ____________________ Peter G. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers
www.realtytrac.com
- Tuesday, February 3, 2009
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 irony of all this may be that just as the market was beginning to find some footing and correct itself in these hard-hit areas, the government jumps in to try to save everyone and thereby undercuts those shaky steps toward a recovery. child will take a lot longer to learn to walk if her parent never lets her try on her own, but rushes over and picks her up everytime Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
-
|
The Best from RealtyTrac
|
MORE
|
-
Foreclosures Continue Retreat
RealtyTrac released its June 2006 U.S. Foreclosure Market Report Tuesday, and the report shows a trend you may not have expected if youve been reading some recent headlines: foreclosure activity actually slowed in June from the previous month. The total number of foreclosures dipped below 90,000 for the first time this year, significantly lower than the 117,000-plus reported in February. So, despite myriad predictions otherwise, it appears that foreclosures are not spiraling out of control -- although they are up significantly from last year. But many market watchers
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosure Activity Deflating or Just Deferred?
foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S. The 3 percent decrease may lead some to speculate that the upward trend in foreclosure activity may be nearing an end, but as RealtyTrac CEO James J. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic U.S. Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Ohio Lawmaker Seeks Solution to Foreclosure Level
The state went from the seventh highest total of foreclosures in the nation in April to the fourth highest total in June. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Looking to develop property? Try foreclosures.
This property was originally listed on RealtyTrac in May with an auction date in June. It may have been a good opportunity for an investor or group of investors interested in developing in San Antonios downtown area. Although most of the foreclosure properties listed on RealtyTrac are single family homes, any type of property can fall into foreclosure. That includes all kinds of commercial property and unfinished developments -- like one in San Antonio that sold at foreclosure auction Tuesday for $4.77
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Rise in Home Values Keeps Foreclosures in Check
Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. And it is one of the reasons that foreclosure activity is expected to remain at a slow upward rate of increase, as evidenced by the latest national numbers reported by RealtyTrac for May 2006. So anyone who has owned a home for more than two years may have a pool of Gary Anderson Center for Economic Research at Chapman University, home price appreciation on the national level has been virtually unstoppable since 1980.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Immediate Relief Nowhere to Be Found
Also on Tuesday, The Conference Board released its monthly Consumer Confidence Index report, showing an almost eight point decline between its May measurement (58.1) and its June measurement (50.4) Perhaps the silver lining to this otherwise dismal report is that Consumer Confidence may be nearing a bottom." Three top indices of economic health in the U.S. 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Economic Indicators Support Slow Gain in Foreclosures
And based on the latest available national economic data, indications for the remainder of 2006 through 2007 are consistent with RealtyTrac’s May 2006 U.S. These latest adjustments follow closely on the heels of 16 similar adjustments the Fed has made since June 2004. Economics 101 – Interest Rates Now that we are hovering at the mid-year point, economists are starting to review their projections for this year. Foreclosure Market Report, which shows a 2 percent increase in foreclosure activity from the previous month. (See
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Will Main Street Sink Wall Street?
Furthermore, to contain the damage, Bear Stearns brought in Jeffrey Lane on June 29, from rival Lehman Brothers and named him chief executive officer to replace Richard Marin, who gets the courtesy title of senior adviser to the asset-management division. While it is unlikely to bring down the savvy Wall Street firm, the firm may become a potential target for government regulators, class-action lawsuits and expose the investment bank to a hostile takeover. Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Michigan Goes Hollywood to Help Homeowners
In June 2008 — the most recent monthly ranking available from RealtyTrac — the Great Lakes State ranked fifth nationally, reporting 12,025 properties with foreclosure filings, accounting for 5 percent of the nation’s total foreclosure filings for the month. With all these distressed homeowners getting into financial trouble, combined with layoffs from the auto industry, it’s understandable that the state government may want to do something to promote homeownership and to educate its citizens about the details of what owning a home really means from a practical
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Mortgage Reform to Calm Foreclosure Storm
In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. The law takes effect in June 1. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|