Wednesday, June 29th, 2011
It’s no secret that the double whammy of high foreclosures and joblessness has contributed to the shocking slide of the housing market over the past five years. Both are related to each other, and both have contributed to dropping home values across the country, sending millions out of their
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Wednesday, June 22nd, 2011
Those with an interest in real estate and investments are keeping a close eye on the foreclosure market for several reasons. First, they want to know when the perfect time to invest is (right now!). Second, they want to see that the real estate market is slowing signs of recovery with a fall in foreclosure rates and delinquency rates across the country. The delinquency and foreclosure rates are very telling in regards to the real estate market [...]
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Wednesday, June 8th, 2011
We’ve been tracking foreclosure rates across the country throughout the housing crisis and have noticed that with a few exceptions, foreclosure rates, the rate at which foreclosures are being added to the market in a given area, have been going up. Since 2007, a historic amount of foreclosures have been added to the foreclosure market, flooding the market with cheap homes and dropping prices like a rock all over the
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Friday, February 4th, 2011
The number of REO homes for sale and homeowners on the brink of losing their homes to foreclosure continue to rise in Alabama. State statistics showed that majority of troubled homeowners have lost their jobs and are currently unemployed. To help these unemployed borrowers, the local government has launched a new program funded by federal money.
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Thursday, February 3rd, 2011
For those who plan on buying residential properties, including VA repo homes and foreclosed houses, Nebraska would be a great place to go. According to real estate experts, the state has one of the strongest housing markets in the whole U.S. and one of the very few that was able to maintain a balanced residential property industry amid the real estate crisis.
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Friday, January 28th, 2011
The problem of huge supplies of residential and commercial foreclosures in Tennessee will continue in 2011, according to economists. However, they stated that this is natural since the real estate market will have to get worse first before it can get better. The current year is expected to be a period of correction for the [...]
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Wednesday, January 26th, 2011
Foreclosure totals, including those for condominiums for sale, decreased in Mississippi in 2010 when compared with year-ago levels. But it was a different story if data from two years ago is used as basis for comparison. When compared with 2008, foreclosure-related filings last year jumped by a considerable percentage. Foreclosures in Brandon, MS, and in [...]
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Monday, May 31st, 2010
Things in Utah are as bad in the 1980′s This time banks are being more responsible Sweeteners are becoming popular again The last time the Utah property market fell through the bottom of homeowners’ worst dreams was back in the 1980′s, which period saw a wave of foreclosures not unlike the one that American families [...]
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Wednesday, May 19th, 2010
Foreclosure activity in Massachusetts has increased thus far this year Is this a sign of further troubles up ahead? Or are the banks just finally catching up on things? Foreclosures in Hampden County, Massachusetts were up close to 50% for the first four months of 2010 compared to the same period last year, or 431 [...]
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Friday, May 14th, 2010
Nine out of ten top metros post better foreclosure rates But, the situation is still serious in the five worst-affected States What can this mean for America’s troubled households? Although the actual foreclosure rate still trended up, average front-end American foreclosure activity dropped nationwide in April 2010. But, did this signal a real improvement, or [...]
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Wednesday, March 24th, 2010
According to Mortgage Bankers Association, Dallas foreclosures went up to over sixty one thousand units last year. In Fort Worth area, the same case applied in 2009. Compared to 2008, the number of foreclosure filings overall increased by twenty three percent in this Texas area. In reference to this expert’s report, fixed rate mortgage defaults [...]
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Tuesday, March 23rd, 2010
Based on Realty Trac‘s recent market report on monthly foreclosure changes, Burbank registered a ten percent decline in foreclosures in January 2010, compared to December 2009. In other words, the ten percent decline from December 2009 is equivalent to 315,716 foreclosure real estate filings in January 2010 alone. This Los Angeles based region did even [...]
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Tuesday, March 16th, 2010
Foreclosures are continuing to disconcert New York Residents in January, with Brooklynites suffering the most. New Yorkers in danger of losing their houses went up by 35 percent compared to the same period last year, according to statistics provided by www.foreclosuredatabank.com, one of the leading online foreclosure databases with a detailed Brooklyn Foreclosure List. In total, [...]
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