21 Articles match "March","Sale","Sales"

The Latest from RealtyTrac MORE
Q&A: The Outlook for Home Foreclosures
Q&A: The Outlook for Home Foreclosures Time Home sales and prices seem to be on the mend — but the foreclosure crisis marches on. TIME's Barbara Kiviat spoke with Rick Sharga, vice president of RealtyTrac, a firm that counts foreclosures...( read more
Foreclosure Pulse - Thursday, November 5, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. Back then I said "the time has come for Fannie Mae and Freddie Mac to end their quasi-government status and join the rest of the risk-taking and tax-paying mortgage buyers who populate the private sector. "However, the march to privatization should not be
www.realtytrac.com - Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. 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
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Foreclosure Activity Up 7 Percent in March
    With 149,150 foreclosure filings reported nationwide in March, U.S. 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. 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. households.
    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. Will Spring sales keep foreclosure rates from creeping up? 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. 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 are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what
    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. 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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  • Q&A: The Outlook for Home Foreclosures
    Q&A: The Outlook for Home Foreclosures Time Home sales and prices seem to be on the mend — but the foreclosure crisis marches on. TIME's Barbara Kiviat spoke with Rick Sharga, vice president of RealtyTrac, a firm that counts foreclosures...( read more
    Foreclosure Pulse - Thursday, November 5, 2009
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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. The NAR tried to be positive about the nation’s situation earlier this month in stating that, “Existing home sales could start to show a sustained increase within the next few months.” 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
    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 sales are 29.9 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 percent higher than April 2007.
    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. 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. Foreclosure Market Report released today. A
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Exclusive Interview with Dave Webb of Hudson & Marshall
    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. We also have auctions scheduled in Colorado on April 19, where 150 homes are for sale; Las Vegas on April 20, where 300 foreclosures are on the block; and the Washington, D.C.-Maryland As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Clear Signs That It's Not 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! The downward spiral that has sent this nation’s real estate market reeling out of control is far from over yet. For all the election year rhetoric flying around
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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