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25 Articles match "News","Short"
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The Latest from RealtyTrac
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Home Prices in 20 U.S. Cities Fell Less Than Forecast
Cities Fell Less Than Forecast September 29, 2009, Bloomberg News Home values in 20 U.S. Tags: foreclosures short sales housing foreclosure filing Home Prices in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven...( read more )
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Foreclosure Pulse
- Tuesday, September 29, 2009
Gearing up for short sales and REOs
Gearing up for short sales and REOs Inman News In response to requests from its members, and the regularity of short sales and foreclosure-related transactions, the National Association of Realtors has launched a Short Sales and Foreclosure Resource Certification...( read more
Foreclosure Pulse
- Thursday, September 17, 2009
No Mortgage Meltdown For These Banks
Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages. The alternative is what we see today: Mortgages for everyone and the search for short-term lender profits, followed by a financial carnage that destroys home prices, devalues pensions, destroys jobs and undermines the value of the dollar. ____________________ Peter G. No Mortgage Meltdown For These Banks By Peter G. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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Home Prices in 20 U.S. Cities Fell Less Than Forecast
Cities Fell Less Than Forecast September 29, 2009, Bloomberg News Home values in 20 U.S. Tags: foreclosures short sales housing foreclosure filing Home Prices in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven...( read more )
...Tags:
Foreclosure Pulse
- Tuesday, September 29, 2009
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Gearing up for short sales and REOs
Gearing up for short sales and REOs Inman News In response to requests from its members, and the regularity of short sales and foreclosure-related transactions, the National Association of Realtors has launched a Short Sales and Foreclosure Resource Certification...( read more
Foreclosure Pulse
- Thursday, September 17, 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. After 17 consecutive upward “adjustments” as they were called under former Chairman Alan Greenspan, the Fed under current Chairman Ben Bernanke has now cut short-term rates seven times in eight months. 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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Stumbling Subprimes Spell Opportunity
Wells Fargo, the biggest originator of subprime loans, according to National Mortgage News , announced this week that they would be cutting 320 jobs in their subprime mortgage division because of tighter lending standards. They buy low with the knowledge they can rent in the short term and sell high when the market recovers. The subprime mortgage industry is stumbling under a heavy burden of defaults, watching profits dwindle as lenders are forced to buy back loans that have turned sour. This bottom-line reality is forcing many lenders to tighten their lending requirements.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Practices that many industry experts liken to nothing short of mortgage fraud. Heres some of the latest news articles written about attempts to either avoid or stop foreclosure in its tracks: Helpful Resources: (links will open in a separate window) • Real Estate Agents Spread the Word on Avoiding Foreclosures • Consumer Group Proposes Moratorium on Foreclosures • Treasurer creates task force to combat county foreclosures • State officials, lenders meet on foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Fed, World's Banks Pull Off Global Rate Reduction
In an unprecedented move aimed at quelling the mounting tidal wave of unrest affecting the world’s economies and investors, the Federal Reserve, in partnership with other central banks around the world, pulled off a coordinated reduction of short-term interest rates Wednesday. Now not only stock indexes are being affected, but recent news reports have focused on foreclosure problems in other parts of the world. Citing the recent intensification of the global financial crisis even while inflationary pressures are starting to moderate somewhat, the Fed, along with the Bank of Canada, the Bank of England, the European Central Bank, Sveriges Riksbank, and the Swiss National Bank, all announced rate reductions.
www.foreclosurepulse.com
- Thursday, December 18, 2008
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Local Market Perspective: Seattle, Wash.
Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. 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. Out of those nine contracts, nine have been beat by better offers. I
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed's Latest Moves No Real Surprise
Following what is now a familiar and conservative wait-and-see strategy towards the nation’s economy, and reactionary as usual, Bernanke and the Federal Open Market Committee left their short-term federal funds rate at 2 percent. Good news for wannabe homeowners looking for discounted properties, and a great time to be a real estate investor in most parts of the country. Posted 09-17-2008 4:20 PM by joelc Filed under: Foreclosure Trends , Real Estate Trends
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Clash of Cultures at CAR Expo
In short, some Realtors take offense at such sites, which they see as giving consumers a false belief that much of the research involved in a real estate transaction can be done without the help of a Realtor. “I I think it’s just an evolution where the consumers will get more information and Realtors will be relied on for expert advice,” said Lloyd Frink, co-founder and president of Zillow, who shared the stage with Dalton and Brad Inman, founder and publisher of Inman News. LONG BEACH, Calif. — The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Fade in World Series Spotlight
But for at least five games, the city has pushed concerns about the housing market and the economy to the backburner and chosen to focus on baseball: “The local news media have started calling Detroit "Tiger Town." The marquee at the State Theatre — just a short walk from Comerica Park, the teams home field — reads: "Lets Party Like Its 1984," a nod to the last time the Tigers won the series. “ In addition to raising the spirits of the city’s residents, the World Series has likely given a temporary boost to the local economy with a sizeable infusion of tourist dollars. The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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