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5 Articles match "Market","Real Estate","Tampa"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that is not for amateurs. “Most Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s real estate training company. “The Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
New Tax Law Spurs More Short Sales, Expert Says
For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W. short sale is a pre-foreclosure sale in which the mortgage lender agrees to accept less than what they are owed on the property. “It’s going to change everything,” said Lucier, a Tampa, Fla., Bush on Dec. 20, helps people whose homes are in foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Economic Indicators: Image Is Everything
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. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Trickle Down Effecting High-Tech
Results of a survey conducted during the fourth quarter of 2007 by The NPD Group , a market research firm servicing the retail sector, revealed a direct correlation between areas hard hit by the housing crisis and a marked decrease in the sale of consumer electronics — like LCD televisions and notebook computers — and related products such as printer ink and paper. Five of the hardest hit designated market areas (DMAs) were among the top 30 based on population. The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
Well, the nation’s homeowners are sweating it out now, being taken on the descending elevator ride of their lives, especially those living in markets that experienced the largest gains during the boom years and are now freefalling deep into the elevator shaft. percent) and Tampa (-20.2 Washington, Los Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie, Brooks’ character
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
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. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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New Tax Law Spurs More Short Sales, Expert Says
For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W. short sale is a pre-foreclosure sale in which the mortgage lender agrees to accept less than what they are owed on the property. “It’s going to change everything,” said Lucier, a Tampa, Fla., Bush on Dec. 20, helps people whose homes are in foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Secrets of Pre-Foreclosure Investing
All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that is not for amateurs. “Most Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s real estate training company. “The Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
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