7 Articles match "2005","Foreclosures","Ohio"

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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. LaTourette (R-Ohio) — who chaired a meeting of the U.S. The topic on the table: the high foreclosure rate in Cuyahoga County — one of the highest in the nation — and what can be done to ease the bleeding. One example — Rep. Steven C.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Appreciation Rates Foreshadow Foreclosures
  
  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. percent from the third quarter of 2005, down from a 10.06 The OFHEO report shows national house prices rose 7.73 percent increase in the second quarter and down from a high of a 13.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 1 Million Foreclosures and Counting
  
  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 Market Report , released today. The report shows a foreclosure rate of one new foreclosure filing for every 1,001 U.S. households — up 3 percent from September and 42 percent from October 2005. The year-to-date foreclosure total stands at 1,029,132, up from 732,608 at the same time last year.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  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. That closely mirrored the trend in MBA’s foreclosure rate, which put the percentage of loans in the foreclosure process at 2.47 percent reported in the The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. percent at the end of the first quarter, up 21 percent from the 2.04
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Where to find the best deals on foreclosures
  
  It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. Foreclosure markets most favorable to buyers and investors According to data from the RealtyTrac database, homebuyers and investors realized average savings over the past seven months of more than 40 percent on foreclosure purchases in Ohio and average savings of more than 30 percent on foreclosure purchases in Indiana , Tennessee , Georgia and Texas .
  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 Not coincidentally, Michigan documented the nation’s second highest foreclosure rate in January 2007, according to RealtyTrac’s U.S Foreclosure Market Report . Canton, Ohio, and Cambridge, Mass. 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 were up 1.1
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• BK' Doesn't Stand for Burger King
  
  And for struggling homeowners it often represents what they think is the last stand they can take before losing their home to foreclosure. Back in the early 1990s, in addition to double-digit interest rates, high unemployment and a flood of foreclosures on the market, another telltale sign that we were in a recession was an abundance of personal bankruptcies — especially Chapter 7 which wiped out all of a debtor’s unsecured debt. The 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 abbreviation,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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