California foreclosure expert Steve Dexter previews his April 5th 2008 seminar on foreclosures. To register for the seminar please visit www.womensinvestclub.com. Learn more about Steve Dexter at www.california-foreclosure-expert.com
28. Market Sub-prime Share Market Sub-prime Share All Metros 19% Los Angeles-Long Beach, CA 28% Stockton-Lodi, CA 41% Mansfield, OH 27% Modesto, CA 41% Sacramento, CA 27% Richmond-Petersburg, VA 41% Jackson, TN 26% Merced, CA 41% Lansing-East Lansing, MI 26% Riverside-San Bernardino, CA 36% Detroit, MI 26% Bakersfield, CA 36% Oakland, CA 26% Vallejo-Fairfield-Napa, CA 35% New Bedford, MA 25% Brockton, MA 33% Providence-Warwick, RI-MA 25% Fresno, CA 32% Terre Haute, IN 25% Jackson, MI 31% Pine Bluff, AR 25% Fort Lauderdale, FL 31% Vineland-Millville-Bridgeton, NJ 25% Flint, MI 30% Fort Pierce-Port St. Lucie, FL 25% Salinas, CA 30% Cumberland, MD-WV 24% McAllen-Edinburg-Mission, TX 29% Redding, CA 24% Pueblo, CO 29% Phoenix-Mesa, AZ 24% Yuba City, CA 29% Sharon, PA 24% Laredo, TX 28% St. Joseph, MO 24% Steubenville-Weirton, OH-WV 28% Las Vegas, NV-AZ 24%
45. Market Month of Market Peak 10 Year Appreciation Prior to Peak Months into Downturn (as of July 07) % Decline from Peak (as of July 07) Los Angeles Sep-06 267% 10 -4.8% San Diego Nov-05 251% 21 -8.3% San Francisco May-06 223% 14 -4.5% Miami Dec-06 219% 8 -7.3% Washington May-06 182% 14 -7.6% Phoenix, Ariz. Jun-06 179% 13 -7.3% Tampa, Fla. Jul-06 171% 12 -8.8% New York Jun-06 170% 13 -4.0% Las Vegas Aug-06 161% 11 -6.3% Boston Sep-05 158% 22 -5.8% Seattle, Wash. --- 135% --- --- Minneapolis, Minn. Sep-06 117% 10 -3.7% Portland, Ore. --- 100% --- --- Chicago Sep-06 96% 10 -1.5% Denver Aug-06 89% 11 -0.7% Detroit, Mich. Dec-05 72% 20 -12.4% Atlanta, Ga. --- 59% --- --- Charlotte, N.C. --- 48% --- --- Cleveland, Ohio Jul-06 41% 12 -3.6% Dallas, Texas* --- 26% --- --- *Dallas index compiled only since January 2000 Source: S&P Case Shiller National Price indices
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Hinweis der Redaktion
After the sugar-high of the mortgage world fades, an estimated 2.2 million households will likely hurl home ownership in the nest 4 years , according to the Center for Responsible Lending's "Losing Ground: Foreclosures in the Subprime Market and Their Cost to Homeowners" 1.1 Million according to the MBA Tonight, we are going to talk about The Subprime Contagion Affect The People and the Areas most likely to get hit How this affect will play out from the lenders into the markets What lenders, builders and realtors are most likely to get hit ---the present state of the real estate markets is and where it is likely to go How the Subprime contagion effect will effect the real estate industry and the larger US economy To homeowners in trouble---How to talk to the people in loss mitigation if you are in foreclosure To investors seeking to profit----How to talk to the REO departments