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7 Articles match "2005","Increase","Michigan"

The Latest from RealtyTrac MORE
July Foreclosure Report
foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . It is not hard to imagine what will happen when the interest rate increases and unemployment shoot the high level. Lots of investors and speculators bought here, U.S. Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
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
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
1 Million Foreclosures and Counting
households — up 3 percent from September and 42 percent from October 2005. Colorado and Nevada once again posted the nation’s two highest foreclosure rates thanks to increasing foreclosures in both of those states. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 highest in October. 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.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Appreciation Rates Foreshadow Foreclosures
    percent from the third quarter of 2005, down from a 10.06 percent increase in the second quarter and down from a high of a 13.9 percent increase in the spring of 2004. percent from the previous quarter, the lowest quarterly increase since the second quarter of 1998. 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
    READ MORE
  • Home Price Appreciation Stays Sluggish
    percent from the fourth quarter of 2005 — down from the 7.9 percent year-over-year increase reported in the third quarter of 2006. 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 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 1 Million Foreclosures and Counting
    households — up 3 percent from September and 42 percent from October 2005. Colorado and Nevada once again posted the nation’s two highest foreclosure rates thanks to increasing foreclosures in both of those states. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 highest in October. 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.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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. percent reported in the first quarter of 2007. The trend lines are even closer when looking at the RealtyTrac first quarter foreclosure rate (0.515 percent of total housing units with a foreclosure filing during the quarter), which was up 21 percent from the fourth quarter of 2007 — exactly the same percentage increase as the MBA foreclosure rate — and up 109 percent from
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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. 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, a 30 percent increase from a year ago. Of ABI’s top 10 states with the highest per capita filing rate 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
    READ MORE
  • July Foreclosure Report
    foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . It is not hard to imagine what will happen when the interest rate increases and unemployment shoot the high level. Lots of investors and speculators bought here, U.S. Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
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