6 Articles match "Negative","Properties","Residential"

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• Buying Bank-Owned REOs at the Auction - RealtyTrac
  
  Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. Trace below-market priced properties Real estate auctions are gaining in popularity nationwide because they are a quick and efficient way to sell and buy property. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade. At the Auction!
  www.realtytrac.com - Tuesday, February 3, 2009
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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. Consumers' assessment of present-day conditions continues to grow more negative and suggests the economy remains stuck in low gear. 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
  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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• California Foreclosures 2007: Steady As She Goes
  
  Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. Still, enough of the prime indicators are projected to turn and remain negative — or slightly positive at best — this year to conclude that the flow of California foreclosures will at least remain steady. A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Option ARM Borrowers Running Out Of Time
  
  According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months with results that will be devastating to borrowers, loan portfolios and local home values. How They Work Formally known as "payment option adjustable rate mortgages," option ARMs are the most complex residential loan products ever offered.
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  and -29.3%, respectively, and all 20 cities are still in negative territory on a year-over-year basis." have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I quot;I think this time residential housing Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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