4 Articles match "Metro","Negative","Real Estate"

• The Best from RealtyTrac

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• Immediate Relief Nowhere to Be Found
  
  came out with negative reports this month, supporting the notion that the nation’s inventory of available properties — particularly the supply of properties in foreclosure — will remain elevated for at least the immediate future. According to its latest report released Tuesday, Standard & Poor’s said home prices across the nation continued to fall in April 2008, with prices in all 20 metro areas it studies for the S&P/Case-Shiller Home Price Indices showing annual declines. Three top indices of economic health in the U.S. Of those 20 metros, 13
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Price Indices Reporting Record Lows
  
  ldquo;These substantial home price declines bring positive and negative news,” said OFHEO Director James B. ldquo;The steep downturn in residential real estate continues,” said David M. Most of the nation appears to remain on a downward path, with 19 of the 20 metro areas reporting annual declines, and six of those now at negative rates exceeding -20%.” Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Prices in those metro areas were down 19.5 quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. and -29.3%, respectively, and all 20 cities are still in negative percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Is Eight Enough?
  
  ldquo;Forty-eight of 50 states and 95 out of the nation’s 100 largest metro areas experienced year-over-year increases in foreclosure activity in the second quarter," said RealtyTrac CEO James J. The bill also earmarks $4 billion in grants for local communities to buy up foreclosed properties that may be negatively affecting the communities. View Q2 state data. The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). While there have been
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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