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17 Articles match "March","Properties"
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The Latest from RealtyTrac
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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. With higher home values properties could be readily sold or refinanced with little risk. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
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. A glimmer of hope or the calm before the storm? Foreclosure Report, which was issued earlier today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
First Quarter Foreclosure Stats
RealtyTrac released foreclosure numbers for the first quarter of 2006 yesterday, and they show the nations foreclosures moving higher forthe fourth consecutive quarter, despite a decrease in March. The report documents 323,102 properties nationwide entering some stageof foreclosure in the first quarter, a 38 percent increase from theprevious quarter and a 72 percent year-over-year increase from thefirst quarter of 2005. The nation’s quarterly foreclosure rate of onenew foreclosure for every 358 U.S. households was higher than in anyquarter of last year.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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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. 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. In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The lender also has to agree to the DIL arrangement, which may involve clearing out other liens secured by the property. For the third month in a row U.S. Foreclosure Market Report .
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. SW, Albuquerque, NM — Opening Bid: $83,892 SOUTH REGION SEMIFINAL With many homeowners singing the post-Katrina blues in Louisiana and Mississippi, buying a foreclosure property is a slam dunk for seasoned real estate investors. 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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First Quarter Foreclosure Stats
RealtyTrac released foreclosure numbers for the first quarter of 2006 yesterday, and they show the nations foreclosures moving higher forthe fourth consecutive quarter, despite a decrease in March. The report documents 323,102 properties nationwide entering some stageof foreclosure in the first quarter, a 38 percent increase from theprevious quarter and a 72 percent year-over-year increase from thefirst quarter of 2005. The nation’s quarterly foreclosure rate of onenew foreclosure for every 358 U.S. households was higher than in anyquarter of last year.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Too Soon For a Comeback
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. percent from $217,400 in March 2007 to $200,700 last month. At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy.
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. Properties owned by banks and other lenders are accounting for more than half of all the homes sold each month. 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 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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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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Foreclosure Thriller — Pay Up or Beat It
Following closely on the heels of another trophy property recently sold on the auction block, Michael Jacksons Neverland Ranch is set to possibly suffer a similar fate. On March 19, at 1:00 p.m., acres of beachfront property, the 32,000 square foot trophy mansion — complete with 9-bedrooms and 12 full bathrooms — was originally built in 1929 for the grandson of Cornelius Vanderbilt. For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. Michael Jacksons Neverland Ranch in Los Olivos,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. RealtyTrac estimates the current market value of the property at $503,000. 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. But the topic of foreclosure recently became much more personal for one Long Beach,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Celebrity Foreclosures
acre parcel of the property to RGF Holding Corp. In March 2007, the Hearst mansion — known locally as the Villa Venezio — was put on the market by the Corcoran Group for $27 million. Now you can own an exclusive and coveted piece of oceanfront property for a mere $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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