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11 Articles match "Las Vegas","Properties","Sales"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . 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
www.realtytrac.com
- Tuesday, February 3, 2009
Nevada Foreclosure Laws
An out-of-court foreclosure in Nevada can be completed in about four months. Compare All State Foreclosure Laws Nevada Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 116 Days 80 Days None Trustee Comments: Trustee Foreclosure
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% 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 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 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Local Market Perspective: Las Vegas
Shari Springer Springer Realty The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 The sales are 29.9 Properties owned by banks and other lenders are accounting for more than half of all the homes sold each month. percent jump over the 1,478 homes sold in March. percent higher than April 2007.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Nevada Foreclosure Laws
An out-of-court foreclosure in Nevada can be completed in about four months. Compare All State Foreclosure Laws Nevada Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 116 Days 80 Days None Trustee Comments: Trustee Foreclosure
www.realtytrac.com
- Tuesday, February 3, 2009
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Local Market Perspective: Cleveland, Ohio
Other sellers are really the relocation companies or the banks backing a short sale. Learn the market, learn the values, watch and… WAIT: Know when it’s time to hop on a property. Other locations — including Las Vegas, much of California and Florida — have two corrections to make. WATCH: Here in Cleveland, watch the market for the best deals! Some sellers are against the wall and will sell well under market value.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . 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
www.realtytrac.com
- Tuesday, February 3, 2009
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Exclusive Interview with Dave Webb of Hudson & Marshall
As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
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% in March, spurred by investors taking advantage of low prices on foreclosed properties." 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 . 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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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. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. 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 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 S&P/Case-Shiller
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
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 What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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