» On one street in San Jose, a picture of "distressed" property pricing
05/16/08 7:56 PM from Square Feet
A few weeks ago I wrote about recent competition among buyers for REO properties, "real estate owned" by banks or financial institutions that foreclosed on the homes. Ever since then I have been meaning to share the interesting example of ..
» Beware the Dreaded Piggyback Loan
05/16/08 0:05 AM from NYT > Foreclosures
So-called piggyback loans have been highly vulnerable to homeowners who walk away when property values fall.
» California builders squinting at a market bottom, trade group says
05/15/08 4:49 PM from Square Feet
Sales of new homes in California dropped 49 percent in March compared to the same month in 2007, the California Building Industry Association reported today. But that decline was not as bad as February's year-over-year decline of 57 percen..
» Local Market Perspective: Las Vegas
05/15/08 4:21 PM from ForeclosurePulse Blog
The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 percent jump over the 1,478 homes sold in March. The sales are 29.9 percent higher than April 2007....( read more )
» Collateral Foreclosure Damage for Condo Owners
05/14/08 11:38 PM from NYT > Foreclosures
As foreclosures mount and contributions to building associations shrink, condo owners find themselves nagging each other to pay their assessments and haggling over chores.
» Luxury Foreclosures
05/14/08 7:00 PM from RealtyTrac Press Coverage
One in every 519 U.S. households received a foreclosure filing in April, according to RealtyTrac, an online directory of foreclosed properties.
» Foreclosures Increase Nationwide
05/14/08 7:00 PM from RealtyTrac Press Coverage
Ohio ranked eighth in the nation in home foreclosure proceedings in April, according to the newest monthly report from RealtyTrac of Irvine, Calif.
» Local Market Perspective: Cape Coral, Fla.
05/14/08 4:01 AM from ForeclosurePulse Blog
I work with buyers in my area; new jargon and issues are making buying a home more difficult than ever before. It is great to see prices drop. The opportunity to own a home at affordable prices has never been greater, but getting to the clo..
» A (Relatively) Few Bad Apples Spoil the Barrel
05/14/08 4:00 AM from ForeclosurePulse Blog
According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 200..
» Treasure Coast Saw Almost 1,800 Homes Enter Stage of Foreclosure Last Month
05/13/08 7:00 PM from RealtyTrac Press Coverage
The number of homes entering foreclosure on the Treasure Coast continued to increase in April, according to California-based RealtyTrac.
» New York City Foreclosure Woes Surge
05/13/08 7:00 PM from RealtyTrac Press Coverage
The number of city homeowners in danger of losing their place to foreclosure soared 28 percent last month from April 2007, according to real estate Web site RealtyTrac.
» Foreclosures Climb 65 Percent as Loan Workouts Fall Short
05/13/08 7:00 PM from RealtyTrac Press Coverage
U.S. foreclosure filings climbed 65 percent and bank seizures more than doubled in April from a year earlier as mortgage industry efforts to modify loans fell short.
» Home Foreclosures: Crisis Is Only Getting Deeper
05/13/08 7:00 PM from RealtyTrac Press Coverage
It’s another record in the real estate market, and it’s not a good one.
» April Foreclosures Rise 65 Percent on Year
05/13/08 7:00 PM from RealtyTrac Press Coverage
U.S. home foreclosure filings in April edged up from March and were a whopping 65 percent higher than a year earlier, real estate data firm RealtyTrac said.
» US foreclosure filings surge 65 percent in April
05/13/08 7:00 PM from RealtyTrac Press Coverage
Nationwide, 243,353 homes received at least one foreclosure-related filing in April, up 65 percent from 147,708 in the same month last year and up 4 percent since March, RealtyTrac Inc. said.
» Foreclosures Spike Sharply in Broome
05/13/08 7:00 PM from RealtyTrac Press Coverage
Foreclosure filings in Broome County have grown dramatically since the second quarter of last year.
» Florida Has 4th Worst Foreclosure Filing Rate
05/13/08 7:00 PM from RealtyTrac Press Coverage
Florida's rate of foreclosure filings was the fourth worst among all states in April, and the Tampa Bay area's rate ranked 34th worst among metro areas, according to RealtyTrac.
» For Many Hispanics, a Tenuous Prosperity Lost
05/13/08 0:32 AM from NYT > Foreclosures
The economic downturn unfolding across the United States is imposing a particularly punishing toll on the nation's Hispanics.
» A Liberal Wit Builds Bridges to the G.O.P.
05/13/08 0:32 AM from NYT > Foreclosures
Barney Frank, the rumpled, cantankerous Massachusetts Democrat, has emerged as a key deal-maker in the House.
» It's Affordable Housing Week in Silicon Valley
05/12/08 3:45 PM from Square Feet
So sellers, drop those prices! No, actually, that's not quite the focus of Affordable Housing Week's calendar of events , which is designed to "promote awareness of the challenges our community faces in creating balanced and affordable com..
