6 Articles match "Miami","News","Real Estate"

• The Best from RealtyTrac

  MORE

• Miami Blogger Sparks $25 Million Lawsuit
  
  A Miami real estate agent and blogger was sued last week by a real estate developer for $25 million, according to the Miami Herald . Developer Tibor Hollo filed a defamation lawsuit against Miami real estate agent Lucas Lechuga, who claimed in his popular blog — Miami Condo Investments — that Hollo went bankrupt in the 1980s and that one of his current South Florida developments could be headed for bankruptcy, according to Inman News. “My My opinion is that this development is doomed,” wrote Lechuga on Jan.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Home Price Indices Reporting Record Lows
  
  ldquo;These substantial home price declines bring positive and negative news,” said OFHEO Director James B. To prospective home buyers who have been shut out of homeownership because of affordability constraints, these declines may be welcome news, as are continued low mortgage rates.” ldquo;The steep downturn in residential real estate continues,” said David M. 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
  READ MORE
• Economic Indicators: Image Is Everything
  
  When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate. Four real estate industry related reports have already been released this week, and Wall Street has reacted. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Local Market Perspective: Seattle, Wash.
  
  In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. The Seattle market is not what you see on the news, hear on the radio, or read in the paper in terms of the rest of the nation’s foreclosure woes. Even then these homes are being purchased at 20 percent less then market value. So, if you want to Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• High-End Foreclosures Rising Among Top Tier Homes
  
  High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer    Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Does this make it a good time to buy real estate? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE