1/12/2012 4:06:00 PM
2011 Rough Year for Condos and Townhomes
Last year there were 41 condos and townhomes sold in Pinetop-Lakeside, for a total of $5.29M. This compares to 45 sold in 2010 for a total of $7.35M. Sales prices were down 28% in 2011 compared to 2010. Property values also declined sharply in 2011. The median ...
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7/21/2011 4:43:00 PM
Foreclosure Activity Off 29 Percent for First Half of 2011
The following article was published in RealtyTrac's July 2011 Foreclosure Market Trends Report 1.17 Million Homes Receive Foreclosure Notice During First Six Months of the Year Second Quarter Numbers Lowest Since Fourth Quarter of 2007 IRVINE , Calif. ...
Views: 167
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4/23/2011 10:52:00 AM
Foreclosed Homes Drive Condominium and Townhome Prices Down
Although our market isn’t as bad as the Phoenix area, of all the homes sold in Navajo and Apache Counties in 2010, 47% were foreclosed properties or short sales. These “distressed” sales have had a major impact on property values. Year-to-date ...
Views: 290
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4/22/2011 12:04:00 PM
Foreclosure Activity Decreases 15 Percent in Q1 2011
The following article was published in RealtyTrac's April 2011 Foreclosure Market Trends Report Processing Delays Drop Foreclosure Activity to Lowest Total Since Q1 2008 March Default Notices and Bank Repossessions Rebound From Three-Year Lows IRVINE, ...
Views: 236
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3/7/2011 2:43:00 PM
Will Phasing out Fannie Mae and Freddie Mac Increase Interest Rates and Shorten Mortgage Terms
The following was reported by The New York Times, March 3, 2011: A Plan to Phase Out Fannie Mae and Freddie Mac A PROPOSAL to phase out Fannie Mae and Freddie Mac, the government-controlled enterprises that for decades have underpinned the American housing ...
Views: 215
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2/15/2011 4:45:00 PM
Foreclosure Sales Bounce Back in January
As Reported in ForeclosureRadar's "The Foreclosure Report" January 2011 Foreclosure sales bounced back to levels not seen since robo-signing moratoriums went into effect last fall. With significant increases in Arizona, California, Nevada, Oregon ...
Views: 170
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2/12/2011 1:19:00 PM
Foreclosures decrease in 2010 due to short sales and modifications
By Hubble Smith LAS VEGAS REVIEW-JOURNAL Posted: Jan. 27, 2011 | 1:12 p.m. Nevada saw a 19 percent decrease in foreclosure starts in 2010 -- the first drop in four years -- as more short sales and loan modifications were approved, an annual summary from San ...
Views: 186
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2/8/2011 2:04:00 PM
Foreclosure Filings Down Nationwide in December
The following article was reported by RealtyTrac in February 2011: Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010 Despite 30-Month Low in December Florida Foreclosure Activity Drops 22 Percent in December, but Bank Repossessions Spike ...
Views: 162
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12/8/2010 2:20:00 PM
The Foreclosure Report - October 2010
The following was reported in ForeclosureRadar.com's monthly report : The headline foreclosure news in October was the suspension of foreclosures by a handful of lenders, after certain procedures were called into question. While the announcements initially ...
Views: 191
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10/7/2010 3:54:00 PM
Condominiium and Townhome Sales Flat - Prices Down in 2010
There have been 24 condos and townhomes sold in Pinetop and Lakeside in 2010. This compares to 23 sales during the same period last year. The average price of the homes sold in 2010 was $172,775, compared to $203,180 in 2009. This is a drop of 15% since last ...
Views: 269
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