6 Articles match "Report","Tampa"

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• Top Metro Foreclosure Rates
  
  Fifteen of the cities with the top 25 metro foreclosure rates in the first half of 2007 were located in California, Florida and Ohio, according to the R ealtyTrac Midyear 2007 Metropolitan Foreclosure Report , released yesterday. The report ranks the foreclosure rate in the nation’s 100 largest metro areas. reported the highest midyear foreclosure California led the way with seven cities in the top 25, while Florida and Ohio both had four cities. Stockton, Calif.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Trickle Down Effecting High-Tech
  
  The five — Sacramento, Tampa, Phoenix, Detroit and Orlando — were also among the nation’s top metropolitan statistical areas (MSAs) ranked by foreclosure rate, according to RealtyTrac, for the quarter studied by The NPD Group. on RealtyTrac’s Top 100 metro areas for the first quarter of 2008, reporting a 135 percent year-over-year increase in foreclosure activity and a foreclosure rate of one in every 55 households receiving a foreclosure filing during the period. The prolonged housing slump is having a measurable effect on the overall economy, and not just on home furnishings and housing supply chains (like Linens N’ Things, which recently filed for bankruptcy protection).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Prices Fall Deeper Into the Abyss
  
  The S&P figures for May show declines in all 20 metro areas reported for the second straight month — nine with record lows and 10 in double digits. percent from a year ago, while its composite 20 metro areas also reported a record yearly decline of 15.8 percent) and Tampa (-20.2 Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie, Brooks’ character nervously
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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. But when the indicators reported come is as expected, the reaction is generally good and we see an uptick in market activity. Four real estate industry related reports have already been released this week, and Wall Street has reacted. When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. So it is with real estate.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Tax Law Spurs More Short Sales, Expert Says
  
  short sale is a pre-foreclosure sale in which the mortgage lender agrees to accept less than what they are owed on the property. “It’s going to change everything,” said Lucier, a Tampa, Fla., In the past, the lender reported the forgiven deficiency as 1099 income that was taxed, adding a greater financial burden onto an already struggling taxpayer. For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Lucier, the Tampa Bay real estate investor and author, says the secret to being a profitable pre-foreclosure investor is “specialized knowledge.” “In this business, you cannot afford to rely on the expertise and advice of so-called real estate professionals 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.
  www.realtytrac.com - Tuesday, February 3, 2009
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