Deciphering the often conflicting data coming out of the housing market can be difficult. The abundance of good and bad reports released on a daily basis can lead to mixed signals and confusion for the average investor Read More
Home prices in just about every American city have taken a beating in the last two years. So, how much house will three hundred thousand dollars buy you in today`s market? CBS News correspondent Bianca Solorzano took a look.
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Local foreclosure crisis expected to worsen
Las Vegas real estate agent Frank Nason has read numerous reports about Nevada leading the nation in foreclosures and the "phantom inventory" of foreclosures coming down the pike. Read More
Foreclosures dropped 11% nationally to 205,031 in the second quarter as moratoriums, bailouts, reforms, and negotiations helped some strapped homeowners hang on to their properties, according to Foreclosures.com's latest index. Read More
What is pre-foreclosure?
A property is considered to be in pre-foreclosure when the owner is late with at least one payment and has received notification from the lender. Read More
Foreclosures have been a powerful force in the real estate market for some time. And don’t expect that to change any day soon — even though recent stats show moderation in the pace of homes going back to lenders. Read More
SACRAMENTO, CA - July 8, 2009 - (RealEstateRama) — While President Obama, Congress, and the American people debate financial regulatory reform, foreclosures continue to mount as embattled housing markets bump along the bottom.
But amid much talk about problems, many areas of the country are now experiencing rebounds, with declining foreclosures, increasing home sales and even increased average sale prices, according to ForeclosureS.com, a leading real estate information provider. Read More
My colleague Prashant wrote recently about a second wave of foreclosures possibly headed our way in the second half of this year as banks tried to unload homes they can’t refnance. But for now at least the big wave of bank-owned properties appears to have crested. Read More
Florida was second in the nation in preforclosures and bank-repossessions through the first six months of the year, according to a report by Foreclosures.com.
Florida reported 225,170 preforclosure filings from January to June, which compares with 256,133 filings in the same period in 2008. Read More
Foreclosures dropped across the country in Q209, according to the U.S. Foreclosure Index from property information specialists ForeclosureS.com.
Foreclosures dropped 11% during Q209 to 205,01. The crowded Northeast region led the way with a 32% fewer families losing their homes than in the previous quarter. Pre-foreclosures – notices of default early in the foreclosure process – fell by 10% from Q109 to 494,078. In the Midwest, 42% fewer notices were given. Read More
Sales of existing homes increased for the fourth straight month in May and signs of a price bottom are starting to appear, Las Vegas housing analyst Dennis Smith said Wednesday. Read More
While President Obama, Congress, and the American people debate financial regulatory reform, foreclosures continue to mount as embattled housing markets bump along the bottom.
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wave of foreclosures is expected to hit Las Vegas as banks lift a voluntary moratorium that was extended from March to the end of May, though nobody has an accurate estimate of how many bank-owned homes will be added to an already bulging inventory. Read More
Foreclosures in California are at near-record levels, and recent declines in both property values and employment mean that more homeowners will land in foreclosure this year. Read More
News headlines scream almost daily about soaring foreclosures, that more than 1 million homes were lost to foreclosure in 2008 and the number is expected to top 1.2 million this year. Read More
The nation’s banks need cash and their bulging portfolios of “hidden” foreclosures are one ticket to help them get it, if they price it right, says a foreclosure expert. Read More
Rick Worth keeps a manicured yard at his home in the Palm Hills community near Horizon Ridge Parkway in Henderson, much nicer than the foreclosures on his block.
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Rock-bottom prices and historically low interest rates are providing opportunities for investors eager to jump into Silicon Valley’s housing market. Read More
NEW YORK, April 15 (Reuters) - Bond dealers more than quadrupled restructurings of risky mortgage securities in March in an attempt to "bulletproof" the debt from downgrades and credit losses, according to Amherst Securities Group. Read More
Completed U.S. foreclosures jumped 44% in March to another record high, according to foreclosure-listing service ForeclosureS.com.
The surge to 175,199 comes just two months after the firm said foreclosures fell sharply in January, Read More
Hi Alexis!
I have been a real estate broker for many, many years and want to leave the business of being at beckon call for others to buy and sell. I have wanted to get into the foreclosure market for many years; however, I had not taken any steps to accomplish this until an associate of mine told me about your Teleconference Call.
I joined your conference call and was very impressed. I ordered your "6 Steps" program and have listened to it twice so far and will continue to refer to it. I have purchased the first round of lists and am extremely excited to get started.
Your programs have given me the knowledge I was lacking and the tools I needed. Although I understand real estate very well, I would not have been able to negotiate a purchase as effectively as I believe I am able to now.
I have located some properties I wish to purchase and am going to contact the owner's today. I must admit, I am nervous, however, I know that procrastination will get me absolutely nowhere. I am going to bite the bullet now and make that first call.
You will hear from me when I have made that first purchase. You will probably know it before I have a chance to email you. The sky over Arizona will be luminous from the fireworks!
