2 Articles match "Maryland","November","Number of"
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Housing glut gives foreclosure buyers and investors advantage
Fueling the latest concerns is a deluge of discouraging data in the housing sector. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas in the last three months of 2006, according to the National Association of Realtors . At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosure Activity Deflating or Just Deferred?
Saccacio pointed out in a statement, the year-over-year change is a more indicative number of the overall trend. "The quot;The year-over-year increase of more than 50 percent indicates we have not yet reached the top of this foreclosure cycle," he said. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
Housing glut gives foreclosure buyers and investors advantage
Fueling the latest concerns is a deluge of discouraging data in the housing sector. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas in the last three months of 2006, according to the National Association of Realtors . At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosure Activity Deflating or Just Deferred?
Saccacio pointed out in a statement, the year-over-year change is a more indicative number of the overall trend. "The quot;The year-over-year increase of more than 50 percent indicates we have not yet reached the top of this foreclosure cycle," he said. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the
www.foreclosurepulse.com
- Tuesday, December 16, 2008