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10 Articles match "News","Residential"
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The Latest from RealtyTrac
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Some rental investments don't pay off
Some rental investments don't pay off Inman News Buying foreclosed, or otherwise inexpensive, residential units with the game plan of renting the property for as many years as it takes until real estate appreciation returns has proven to be a time...( read more
Foreclosure Pulse
- Friday, November 20, 2009
Secrets of Pre-Foreclosure Investing
I had to break the bad news to the husband when he got home from work. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. Another
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Starts on Prime, Fixed-Rate Loans Fuel Another Record High in Mortgage Delinquencies
Mortgage delinquencies break another record Prime, fixed-rate loans account for one in three foreclosure starts: MBA August 20, 2009, MarketWatch Residential mortgages either in foreclosure or with at least one payment past due hit 13.16% in the second...( Tags: foreclosure news August 20 delinquency rat read more )
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Foreclosure Pulse
- Thursday, August 20, 2009
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Rate Cut, Real GDP Are Some Positive News
One day after President Bush pointed the finger at Congress and told the American public to blame lawmakers for all of their recent financial woes, an inkling of actual positive news came out of Washington Wednesday with two announcements from government agencies. calls the “real residential fixed investment”), marked by a 26.7 In the first, and the more closely watched of the two, the Federal Reserve took a much anticipated move to lessen the pressure on the nation’s economy by lowering the federal funds rate another 25 basis points to 2 percent (that’s a long way down from the 5.25
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Some rental investments don't pay off
Some rental investments don't pay off Inman News Buying foreclosed, or otherwise inexpensive, residential units with the game plan of renting the property for as many years as it takes until real estate appreciation returns has proven to be a time...( read more
Foreclosure Pulse
- Friday, November 20, 2009
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Will Homeowners Sink or Swim?
But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news. The next big wave of news may be a true real-estate slump, as hundreds of billions in adjustable-rate mortgages reset, making it even more difficult for homeowners in depressed markets to meet higher monthly payments. Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure's Fallout, 2 Titans Tumble
Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Last week, Citigroup’s chief executive Charles Prince tendered his resignation — another casualty of the growing subprime fiasco. Prior to Prince’s departure, Citigroup said that it would take additional write-downs of $8 billion to $11 billion in the fourth quarter, a large and unexpected loss that could wipe out the period’s entire profit.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Housing glut gives foreclosure buyers and investors advantage
Housing starts tumble sharply New residential construction fell sharply in January, plunging 14.3 For real estate investors and home buyers, weakness in January construction means that builders will slash prices and offer incentives to motivate buyers into writing offers. Foreclosures surge upward The biggest news in residential real estate, however, seems to be foreclosures. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Governor Suspends Controversial Law Affecting Investors
A statement released by Dean Martinez, Secretary, Department of Financial and Professional Regulation, explained the decision to suspend the law by stating, “the Secretary received and reviewed information that suggests that the prior designation may be detrimental to the Pilot Program’s purpose, namely, to curb predatory lending practices in areas with high rates of foreclosure on residential home mortgages.” For legitimate investors looking to help homeowners in distress, the law’s suspension is welcome news. It was controversial when it took effect, and it remained controversial until public officials decided enough was enough – roughly a little more than a year later.
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.” 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
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Secrets of Pre-Foreclosure Investing
I had to break the bad news to the husband when he got home from work. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. Another
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;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. More from Shulman and several other leading economists in the 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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