11 Articles match "Miami","Properties"

• The Best from RealtyTrac

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• Home Prices Fall Deeper Into the Abyss
  
  percent) and Miami (-28.3 Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. On a monthly basis, from April to May the worse decliners were Miami (-3.6 For potential homebuyers, investors and real estate professionals, it means the flow of foreclosed properties should 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 .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• $15.75 million pre-foreclosure purchase of Don Johnson's home
  
  A last-minute pre-foreclosure sale last week allowed actor Don Johnsonof televisions "Miami Vice," to avoid foreclosure on his Aspen, Colo.,estate, estate, according to an article in the Aspen Daily News . "Don Johnson may have saved his Woody Creek ranch frombeing sold Wednesday at a foreclosure auction, but it was because thecelebrity unloaded his 17-acre property Monday for $15.75 This story shatters the misconception that million,according to records at the Pitkin County Clerk & Recorders Office. "An attorney for Johnson said Friday that a portion of the sale proceedswent toward paying off the alleged default to New York-based lenderD.E.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Cape Coral, Fla.
  
  Many of the best deals in our area are bank-owned properties. The homes sit for a very long time and the property continues to fall into disrepair. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights about what is happening on the ground in their local housing
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. It makes a transaction so much less of a nightmare, and in a few years you will have built yourself a great real estate portfolio in one of the best cities 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
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• High-End Foreclosures Rising Among Top Tier Homes
  
  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 construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold
  www.realtytrac.com - Tuesday, February 3, 2009
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• Foreclosure Filings Soar 90 Percent
  
  Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Price Indices Reporting Record Lows
  
  rdquo; According to Case-Shiller, the weakest market in the country is currently Las Vegas, followed closely by Miami and Phoenix. Taken altogether, these reports should be seen as good tidings for real estate investors as well as home buyers who are interested in mining the foreclosure marketplace for bargain properties. The market is obviously nowhere near ready to bottom out and come back yet, meaning there is still time to dig in and find those 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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• 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. The biggest decliners were Las Vegas and Miami, with 26.8 Three top indices of economic health in the U.S. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Stacking Up 2007 Metro Foreclosure Rates
  
  Florida accounted for three metro areas in the top 20: Miami at No. Even at this zoom level (which doesnt even capture the entire city), it appears that the foreclosure properties are stacked on top of each other in some areas. It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  What does all this mean to anyone looking to the nation’s foreclosure market for a home purchase? It means that there has never been a better time in recent history to get off the fence and buy that primary residence or investment property you’ve been waiting for. Las Vegas and Miami had the greatest price drops (both down 19.3 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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