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13 Articles match "Sales","September"
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The Latest from RealtyTrac
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California Home Sales and Prices Inch Up
California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more )
...Tags: Tags: foreclosure rates defaults foreclosur
Foreclosure Pulse
- Friday, October 16, 2009
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
New-Home Sales Increased 0.7% to 429,000 Rate in August
New-Home Sales Increased 0.7% to 429,000 Rate in August September 25, 2009, Bloomberg News Sales of new U.S. homes climbed in August to the highest level in almost a year as builders cut prices at a record pace to compete with the foreclosures that are...( read more )
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Foreclosure Pulse
- Friday, September 25, 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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California Home Sales and Prices Inch Up
California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...( read more )
...Tags: Tags: foreclosure rates defaults foreclosur
Foreclosure Pulse
- Friday, October 16, 2009
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New-Home Sales Increased 0.7% to 429,000 Rate in August
New-Home Sales Increased 0.7% to 429,000 Rate in August September 25, 2009, Bloomberg News Sales of new U.S. homes climbed in August to the highest level in almost a year as builders cut prices at a record pace to compete with the foreclosures that are...( read more )
...Tags:
Foreclosure Pulse
- Friday, September 25, 2009
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New Illinois Housing Law Draws 2nd Suit
The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If Already, the law has chilled the housing market in the predominantly Black and Latino areas, where homeowners in the neighborhood saw a 45 percent drop in home sales in September.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest 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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Fed Plays a Delicate Balancing Game With Rate Cut
Today’s action, combined with the policy action taken in September, should help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and promote moderate growth over time,” the FOMC said in a statement published October 31. Then there’s the nation’s retail industry, advertising sales events at after-Thanksgiving sales price levels the weekend after Halloween!!! In a move aimed at quelling fears of a looming recession, the Federal Open Market Committee took the country’s teetering monetary affairs seriously two weeks ago and lowered the short term federal funds rate another quarter of a percentage point to 4.5
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How Much for Those Lender Assets in the Window?
You could look at the Merrill sale and say, Aha! In September Merrill was bought by the Bank of America for $29 a share . Thats a 70 percent premium over the stocks pre-acquisition value — but far from the one-year high of $77.89. The WAMU Deal In September, JP Morgan Chase paid $1.9 One can see investors looking at delinquency and foreclosure rates, loan age and also geographic How Much for Those Lender Assets in the Window? By Peter G. Miller Long ago there was a song which asked the magic question, how much
www.realtytrac.com
- Tuesday, February 3, 2009
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OTS Director Offers Alternative Plan to Congress
Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. Using the proceeds of the new FHA loan for existing loan holders via a short sale or a partial payment to pay off the existing mortgage is likewise similar. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier this week, John M.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Legislating Lower Foreclosure Rates?
Also below is a heat map RealtyTrac created of the Chicago area based on the number of total foreclosure filings (defaults, sales and REOs) in September. An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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California Foreclosures 2007: Steady As She Goes
The state hit its peak towards the end of the year, taking the nation’s top spot for September, October and November. Only a slight uptick in job creation throughout California is expected, along with low housing affordability, a larger inventory of unsold houses, declining home prices, lower sales volume and less residential construction. Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. A dubious honor at best,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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