4 Articles match "Realtor","Release","Washington"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little We probably wont buy again until its a little more cost effective. Melissa Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Prices in those
www.foreclosurepulse.com - Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The Realtor group expects 447,500 homes to sell in 2007, compared with 481,200 homes in 2006. LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
    At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The Realtor group expects 447,500 homes to sell in 2007, compared with 481,200 homes in 2006. LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 40 Is the New 30 for Lenders and Investors
    Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. Four real estate industry related reports have already been released this week, and Wall Street has reacted. 1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. But when the indicators reported come is as expected, the reaction
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little We probably wont buy again until its a little more cost effective. Melissa Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Prices in those
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE