8 Articles match "2005","2008","Michigan"

• The Best from RealtyTrac

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• Appreciation Rates Foreshadow Foreclosures
  
  percent from the third quarter of 2005, down from a 10.06 Michigan home prices declined 0.6 percent from the third quarter of 2005, making Michigan the first state to report a year-over-year decline in more than six years. These states included Michigan, Ohio, Indiana and Colorado. Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Price Appreciation Stays Sluggish
  
  percent from the fourth quarter of 2005 — down from the 7.9 For the second consecutive quarter Michigan’s home price appreciation declined on a year-over-year basis, dropping 0.4 Not coincidentally, Michigan documented the nation’s second highest foreclosure rate in January 2007, according to RealtyTrac’s U.S An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of 2006 shows home prices
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. The total number of properties with foreclosure filings in the RealtyTrac April report was the highest monthly total since RealtyTrac began issuing the report in January 2005. Both the RealtyTrac and MBA reports identified Ohio and Michigan as states where foreclosure activity decreased in the first quarter. Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Make Food, Not Foreclosures
  
  Just like it was in 2007, Wayne County has been a hotbed of foreclosure activity in Michigan so far in 2008. Urban Farming has been doing this around the country since it was founded in 2005. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 1 Million Foreclosures and Counting
  
  households — up 3 percent from September and 42 percent from October 2005. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 highest in October. California recorded more than 16,000 new foreclosure filings during the month, the most of any state for the second month in a row and more than three times the number reported in October 2005. Foreclosures filings for the year surpassed the 1 million mark in October, when 115,568 foreclosure documents were recorded nationwide, according to the RealtyTrac U.S. Foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Don't Back Down in September
  
  RealtyTrac’s monthly foreclosure report shows 112,210 properties entering some stage of foreclosure during September, a decrease of less than 1 percent from August but an increase of more than 63 percent from September 2005. Colorado, Nevada and Michigan posted the highest state foreclosure rates, and California reported the most foreclosure activity of any state in terms of sheer numbers. Foreclosure activity in September didn’t back down much from the jump reported in the previous month, RealtyTrac reported today. September’s foreclosure rate of one new foreclosure filing
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• BK' Doesn't Stand for Burger King
  
  The federal government clamped down on that “loophole” with the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Gerdano, who expects consumer bankruptcies for 2008 to top 1 million, according to a Reuters report. As Bloomberg.com recently reported, the likelihood of Gerdano’s prediction coming to fruition is more than a possibility given that more than 90,000 bankruptcy filings were reported for March 2008 alone, The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense for the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  Lots of investors and speculators bought here, resulting in massive increases in value in 2004 and 2005. Oil prices causing Big Three to perhaps collapse, and ripple effects in economy of Michigan alone could crash the entire U.S. Morals, ethics and integrity get lost in the bidding price for the White House. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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