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6 Articles match "Los Angeles","San Diego","Timing"
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 Does this make it a good time to buy real estate? quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. 262 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index
www.foreclosurepulse.com
- Tuesday, December 16, 2008
California Tops PMI's Risk Index
The San Diego-Carlsbad-San Marcos, CA, and Oakland-Fremont-Hayward, CA, metro areas tied for second place with a score of 603. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Coastal Disasters = More Foreclosures?
Back in 1994 something called “The Northridge Earthquake” (misnamed as it was) shook Los Angeles at 4:31 a.m. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. According to one recent report, insurance companies are getting skittish again — this time in Central Florida and other parts of the eastern seaboard. 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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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. REDC) drew an estimated 1,800 potential homebuyers and investors to the Los Angeles Convention Center recently in the sort of frenzied buying environment not seen since the boom days of foreclosures of the early 1990s. Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator. percent), Los Angeles (-24.5 percent), San Diego (-23.2 percent), San Francisco (-22.9 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 . Well, the nation’s homeowners are sweating it out now, being taken on the descending elevator ride of their lives,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Tops PMI's Risk Index
The San Diego-Carlsbad-San Marcos, CA, and Oakland-Fremont-Hayward, CA, metro areas tied for second place with a score of 603. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
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. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. According to one recent report, insurance companies are getting skittish again — this time in Central Florida and other parts of the eastern seaboard. 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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Economic Indicators: Image Is Everything
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 primary residence or investment property you’ve been waiting for. This is the first time that both indexes have dropped by double-digits concurrently, the AP reported. 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
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 Does this make it a good time to buy real estate? quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. 262 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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