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5 Articles match "News","Phoenix"
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The Latest from RealtyTrac
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High-End Foreclosures Rising Among Top Tier Homes
In some of Phoenix’s priciest neighborhoods — including Scottsdale, Paradise Valley and Chandler — high-end foreclosures are starting to pile up. Brown, publisher of the Phoenix Housing Market Letter . “That’s Those buyers are upside down now and are just walking away.” “The good news in all this is that now is good to time to bottom fish and buy in Arizona for a solidly financed individual,” added Brown, who is bullish on the 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.
www.realtytrac.com
- Tuesday, February 3, 2009
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 More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100 There is just too much inventory out there, especially in the previous hot markets such as Phoenix and San Diego. A glimmer of hope or the calm before the storm? Foreclosure Report, which was issued earlier today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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March Goes Out Like a Lamb
Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S. See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100 There is just too much inventory out there, especially in the previous hot markets such as Phoenix and San Diego. A glimmer of hope or the calm before the storm? Foreclosure Report, which was issued earlier today.
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. 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.” rdquo; According to Case-Shiller, the weakest market in the country is currently Las Vegas, followed closely by Miami and Phoenix. 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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Economic Indicators: Image Is Everything
percent), while Phoenix, San Diego, Los Angeles, Detroit, Tampa, San Francisco, Washington, D.C. To add insult to injury The Conference Board released the news that its monthly Consumer Confidence Index revealed a lack of consumer confidence about the nation’s present situation and future prospects for economic recovery. 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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High-End Foreclosures Rising Among Top Tier Homes
In some of Phoenix’s priciest neighborhoods — including Scottsdale, Paradise Valley and Chandler — high-end foreclosures are starting to pile up. Brown, publisher of the Phoenix Housing Market Letter . “That’s Those buyers are upside down now and are just walking away.” “The good news in all this is that now is good to time to bottom fish and buy in Arizona for a solidly financed individual,” added Brown, who is bullish on the 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.
www.realtytrac.com
- Tuesday, February 3, 2009
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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 More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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