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17 Articles match "March","Sales","Timing"
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The Latest from RealtyTrac
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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
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
Option ARM Borrowers Running Out Of Time
Option ARM Borrowers Running Out Of Time By Peter G. While the mortgage would be repaid in half the time when compared with a 30-year loan, the monthly cost for principal and interest would rise to $4,356. 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. Miller Step right up folks. You say you want to buy a home but
www.realtytrac.com
- Tuesday, February 3, 2009
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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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Option ARM Borrowers Running Out Of Time
Option ARM Borrowers Running Out Of Time By Peter G. While the mortgage would be repaid in half the time when compared with a 30-year loan, the monthly cost for principal and interest would rise to $4,356. 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. Miller Step right up folks. You say you want to buy a home but
www.realtytrac.com
- Tuesday, February 3, 2009
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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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Exclusive Interview with Dave Webb of Hudson & Marshall
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. 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 As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties.
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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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! It took six years this time for the bubble to burst (although many industry analysts denied it would ever happen). The downward spiral that has sent this nation’s real estate market reeling out of control is far from over yet.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Thriller — Pay Up or Beat It
For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. On March 19, at 1:00 p.m., filed the notice of trustee’s sale with the Santa Barbara County Superior Court on February 26th. View auction notice on RealtyTrac . “We 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. Michael Jacksons Neverland Ranch in Los Olivos, Calif.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Robbins Pumps Up Investors at Annex Expo
2) See it better than it is, then 3) Take what you see and turn it into reality With so many different sessions discussing various investment topics at the show, Robbins offered some sage advice investors should consider before spending their time and money in any business opportunity. With the general downturn in real estate sales and price appreciation around the country, now is a great time to get into real estate investment — especially in the foreclosure arena, and RealtyTrac can show you how. ATLANTA, GA — “We just want to . . . (clap) . . . PUMP . . .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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