9 Articles match "March","Properties","US"

• The Best from RealtyTrac

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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. Let us know what you think. 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
  
  For the third month in a row U.S. 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 Foreclosure Market Report . And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners
  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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• 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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• When Foreclosure Is Not Politically Correct
  
  politician. Multiple media outlets are reporting that U.S. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Gentle Ben Says the "R" Word...Finally!
  
  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. Friday, the U.S. Labor Department announced the loss of 80,000 jobs in March 2008, taking the nation’s unemployment rate from 4.8 Plus, let’s not forget that economy. But during his first day of testimony before Sen. Charles Schumer’s Joint Economic Committee this week, Bernanke reportedly admitted that the nation may actually be headed toward a recession.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure "Megatrends"
  
  This week alone, two trophy properties were swept away in the foreclosure tsunami. And in Santa Barbara, Michael Jackson’s Neverland Ranch is slated to be auctioned on March 19, with an opening bid of about $20 million. Look to ForeclosurePulse to keep you informed of developing foreclosure “megatrends.” Posted 03-10-2008 8:07 AM by Octavion Filed under: Pre-Foreclosures , Bank-Owned/REOs , ForeclosureTrends Foreclosures are rising. Home prices are falling.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  3) The Conference Board’s Consumer Confidence Index also came out Tuesday with its analysis showing that consumer confidence in the nation’s economy slid nearly 12 percent in March following a sharp decline in February, and remaining at a five-year low. 4) The U.S. What does all this mean to anyone looking to the nation’s foreclosure 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 bad, the market takes an immediate tumble.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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
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