7 Articles match "Los Angeles","May","Trends"

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• Home Prices Fall Deeper Into the Abyss
  
  Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . The S&P figures for May show declines in all 20 metro areas reported for the second straight month — nine with record lows and 10 in double digits. In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator. Well, the nation’s homeowners are sweating it out now, being
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed's Latest Moves No Real Surprise
  
  Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year). All of this rocking the boat may be making the nation’s financial markets a little queasy as the Fed decides which side its bread is buttered on. Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Fade in World Series Spotlight
  
  And foreclosures are just the tip of the iceberg when it comes to the city’s economic woes, reports the Los Angeles Times , which cites the decline of the automotive industry as the primary culprit. If that happens, foreclosure investors willing to take a chance on the city now may be amply rewarded in the not-so-distant future. Posted 10-25-2006 10:30 AM by darenb Filed under: Foreclosure Trends , Real Estate Trend The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• History in Sen. Dodd's Favor, But Nothing Else
  
  As the national economy continues to languish, politicians like Dodd are looking in earnest at the foreclosure crisis, which may provide the final push over the edge and asking what can be done. formed in the 1930s to deal with foreclosures, the new agency would assist homeowners in refinancing their subprime mortgages — many of which are now resetting at much higher interest rates, resulting, in many cases, in foreclosures, according to a report in the Los Angeles Times . It’s a presidential election year. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Coastal Disasters = More Foreclosures?
  
  Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. The end result of all this may turn out to be a greater number of foreclosures in the Sunshine State this year, but it is way too early to tell at this point. We’ll just have to sit tight and wait and see. Posted 02-19-2007 4:45 PM by joelc Filed under: Foreclosure For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  The Trustee’s Deed transferring the property to Red Rock was recorded on May 19, 2008, according to the Long Beach Press-Telegram . The home’s former owner also claims that she kicked in $15,000 towards Richardson's closing costs, according to the Los Angeles Times . But they should be very cautious in doing so given that there is no clear sign the housing market has reached bottom yet. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  percent decline and Los Angeles with a 26.2 Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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