11 Articles match "June","May","Real Estate"

• The Best from RealtyTrac

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• 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
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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. 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 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
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• 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
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• 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. The key factor of concern to real estate investors, first-time homebuyers and agents looking to get into the foreclosure business is interest rates. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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
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• 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
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• 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
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• 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Can "Appreciation Sharing" Solve The Mortgage Mess?
  
  The Black Lung Benefits Revenue Act of 1981 created a new way to own and invest in real estate: Equity sharing. If investors are interested in mortgages at all, they’re willing to buy securities backed by prime loans and little else. “You can understand the investor’s perspective, but the other side of the equation is this: Restoring the real estate market means restoring all of it. In many areas of the world interest is not considered acceptable Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller    
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. 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 for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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