Foreclosure Report

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A group of analysts from Deutsche Bank recently forecast metro New York home prices to plunge 40.6% from March prices.  The banks projections include Westchester, northern New Jersey and other nearby areas.  Deutsche analysts, led by Karen Weaver, took into account numerous variables to reach...
JPMorgan Chase has predicted that its loss on home-equity portfolio in 2009 could reach about $1.4 billion a quarter and the number of foreclosure homes will continue to increase.

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New york 2009By: Charles K Pruett A group of analysts from Deutsche Bank recently forecast metro New York home prices to plunge 40.6% from March prices.  The banks projections include Westchester, northern New Jersey and other nearby areas.  Deutsche analysts, led by ...
new york city 2009JPMorgan Chase has predicted that its loss on home-equity portfolio in 2009 could reach about $1.4 billion a quarter and the number of foreclosure homes will continue to increase.
New yorkNew York properties are scooped up prior to foreclosure taking place.
new york city property owner searchIncreasing foreclosures and low prices in New York City is making home buyers look at foreclosure affected homes as possibly lucrative alternatives.
long island nySummer was hot in New York, but the news about the sub-prime foreclosure wave in the Empire State is even hotter.
New York City BrooklynThe subprime market crash has affected minority neighborhoods all over the U.S. Why? Because they were heavily targeted for risky high cost loans. With millions of Americans suffering from inflating mortgage payments due to adjustable rates, balloon payments and other ...
New york mapBy: Judith Matloff Recently homeowners in my corner of Harlem held a soiree in someone’s garden. We form a warm group of 130 people who represent the changing neighborhood — black old-timers with a growing number of whites. Everyone brought ...
top of the rock new york cityNew York City, the plushest state in the US, has once again made the headlines; and this one's no different than the previous ones. Homes were 28% more expensive than the earlier reports and the results? Sales plummeted to about ...
new york state auctioneer associationIf you think you may be facing foreclosure and/or bankruptcy, you need to read the following article on what options may be available to you in this failing economy and pay attention to the surrounding questions and answers which deal ...
new york state capital gains tax real estateCashflow, the direction of money in someones life is vital to everyone's survival. It is as important as the air we breathe. Despite its importance cashflow is talked about very little in mainstream financial circles. This article examines the reasons ...
It's three years since Florida's property market imploded. Foreclosures, surplus inventory and bankrupt developers may have turned the Sunshine State somewhat gloomy, but every cloud has a silver lining. There are incredible deals to be had, and some say the ...
sullivan county new yorkThere are talks all over the world about the United States? program to save homeowners from foreclosure. Five months ago Congress made $300 Billion dollars available for this purpose. Why did the HOPE program fail? Why will the revision fail?
ny 2009Negative Equity Home Ownership: Homeowners in a negative equity situation are becoming more the rule than the exception. One fifth, or almost 22 % of home owners owe more than their home is worth.
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