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19 Articles match "March","Market"
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The Latest from RealtyTrac
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Long-Term Solution for Fannie and Freddie Dilemma
Housing prices must fall to get the national average from 200K down below from 70K to reset the housing market and get equities back in line with reality." What is it that has so many people mad with Fannie Mae and Freddie Mac? If you believe in free markets and fair competition, the GSEs are a poke in the eye. "As long as Fannie and Freddies debt is backed by the full faith and credit of the U.S. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
See: "Mortgage Liquidity du Jour: Underestimated No More," March 2007.) "Option ARMs only provide borrowers with these payment options for a finite timeframe," explained Credit Suisse in its 2007 study, "which sets the stage for a significant payment shock when payments are recast to the fully amortizing rate at the current interest rate level. The reason was that the market would have five years to appreciate before start periods ended and higher payments were likely. Option ARM Borrowers Running Out Of Time By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. There is just too much inventory out there, especially in the previous hot markets such as Phoenix and San Diego. A glimmer of hope or the calm before the storm? Foreclosure Report, which was issued earlier today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Foreclosure Activity Up 7 Percent in March
With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago, according to RealtyTracs foreclosure market report that was released yesterday. The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. households. Nevada documented the highest state foreclosure rate for
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. There is just too much inventory out there, especially in the previous hot markets such as Phoenix and San Diego. A glimmer of hope or the calm before the storm? Foreclosure Report, which was issued earlier today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bank-Repossession Beat Continues in March
foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S. Foreclosure Market Report . View full March report. Posted 04-15-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends , Real Estate Trends For the third month in a row U.S. And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Mania and RealtyTrac's Sweet 16 Foreclosure List
Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. Charlotte, NC — Opening Bid: $10,700 Scoring points in the foreclosure market is easier than reaching the NCAA’s Final Four. This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure list. EAST REGION SEMIFINAL The dollar goes a long way in Pittsburgh.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Las Vegas
percent jump over the 1,478 homes sold in March. The medium price of a single-family home sold in the Las Vegas area decreased by 3 percent from $243,169 in March to $235,875 in April, and down 22.7 In March, 47.3 Las Vegas has an upside — a very strong job market. 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Too Soon For a Comeback
At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3 percent from March 2007, can’t be certain. The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy. Although industry analysts were anticipating this monthly decline, according to Mortgage News Daily .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Clear Signs That It's Not Over Yet
The downward spiral that has sent this nation’s real estate market reeling out of control is far from over yet. Being realistic for the moment, for those of you who like to follow market trends, how about these: • Home prices in 17 out of 20 MSAs posted record low declines in February • The number of vacant homes in this country have hit a record high • Consumer confidence fell sharply in March • Home sales volume in the largest real estate market in the country was down significantly for March And it’s only Tuesday! For all the election year rhetoric flying around these days about the general state of the national economy, although the situation is not all doom and gloom, the news does not look as good as the politicians would like you to believe…for right now at least.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. Eventually all markets do come back. think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. One of the experts interviewed for the Foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Take a Spring Break
Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today. A total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Celebrity Foreclosures
In March 2007, the Hearst mansion — known locally as the Villa Venezio — was put on the market by the Corcoran Group for $27 million. Rich people, it turns out, are just as vulnerable as poor folks to foreclosure. New York Post celebrity real estate columnist Braden Keil today reported that Veronica Hearst, the widow and third wife of Randolph “Randy” A. Hearst, is fighting foreclosure proceedings on her 5.1
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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