10 Articles match "March","May","Real Estate"

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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. rsharga Posted 04-18-2006 6:37 PM by Rick 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. The lender also has to agree to the DIL arrangement, which may involve clearing out other liens secured by the property. But that may be better than the alternative — a costly and lengthy process that will quite likely end with the bank repossessing the property anyway. For the third month in a row U.S. Foreclosure Market Report .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Data Suggests Decline in California Foreclosures
  
  This sheds light on some of the most recent foreclosure statistics published by RealtyTrac (see our latest report) , which show decreasing numbers of new filings in March and April, and May numbers up only slightly. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, first-time home buyers and real estate professionals who may be waiting for the long-anticipated flood of foreclosure inventory. California’s latest economic numbers reported by forecasters at the A.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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 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 The sales are 29.9 percent higher than April 2007.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Gentle Ben Says the "R" Word...Finally!
  
  Charles Schumer’s Joint Economic Committee this week, Bernanke reportedly admitted that the nation may actually be headed toward a recession. Many economists who were once naysayers — like Bernanke — are finally owning up to the fact that they may have been wrong, and that a recession is already here. Labor Department announced the loss of 80,000 jobs in March 2008, taking the nation’s unemployment rate from 4.8 Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure "Megatrends"
  
  Here are some “megatrends” that may develop in the months ahead. questioned Jack McCabe, a real estate consultant in Deerfield Beach, Fla. Searching for Stimulus II? The solution lies in the hands of real estate investors and homebuyers. And in Santa Barbara, Michael Jackson’s Neverland Ranch Foreclosures are rising. Home prices are falling.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  Dispatches from Detroit indicate that free-market forces may be the catalyst. in March, spurred by investors taking advantage of low prices on foreclosed properties." That in turn allows lenders to start unloading foreclosure inventory, easing a heavy burden that has been weighing down the citys housing market. Different forces may be at work in Philadelphia, helping that citys foreclosure rate remain relatively low. 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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• When Foreclosure Is Not Politically Correct
  
  14, 2007 for $18,356, followed by a Notice of Trustees Sale being recorded on March 19, 2008. The Trustee’s Deed transferring the property to Red Rock was recorded on May 19, 2008, according to the Long Beach Press-Telegram . Real estate investors and potential home buyers who want to find the type of deal that Red Rock apparently realized at the foreclosure auction of Richardson’s property can start mining the foreclosure marketplace . 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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• BK' Doesn't Stand for Burger King
  
  As Bloomberg.com recently reported, the likelihood of Gerdano’s prediction coming to fruition is more than a possibility given that more than 90,000 bankruptcy filings were reported for March 2008 alone, a 30 percent increase from a year ago. In the end, more bankruptcy filings may translate into more short sales down the road, or possibly more people simply walking away from their homes — with or without a deed in lieu of foreclosure — in essence handing the keys back over to the lender. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Option ARM Borrowers Running Out Of Time
  
  Lastly, we have the real attraction of option ARMs, the option payment itself, a payment which is insufficient to even pay off the monthly interest cost. Because Fitch says that a 40-year loan term represented 4 percent of all option ARMs in 2004 -- but 38 percent by 2007. A loan with four payment options may seem fairly understandable, but in the real world a lot of borrowers did not take out option ARMs because they wanted to make fully-amortizing payments. Option ARM Borrowers Running Out Of Time By Peter G. Miller   
  www.realtytrac.com - Tuesday, February 3, 2009
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