6 Articles match "2006","2007","Detroit"

• The Best from RealtyTrac

  MORE

• Foreclosures Begin 2007 at Two-Year High
  
  That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state foreclosure rate for much of 2006, Colorado’s foreclosure rate dropped to fourth highest among the states thanks to a slight decrease in foreclosure activity in January. Substantial increases in foreclosure activity in Detroit and Atlanta helped drive up the foreclosure rates in Michigan and Georgia. New foreclosure activity in January hit its highest level since RealtyTrac began issuing a national foreclosure report two years ago, with 130,511 new foreclosure filings reported during the month.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Home Price Appreciation Stays Sluggish
  
  The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of 2006 shows home prices were up 1.1 percent year-over-year increase reported in the third quarter of 2006. 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. percent from the previous quarter and up 5.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. LONG BEACH, Calif. — The CAR forecast also calls for a 2 percent drop in the state’s
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• California Tops PMI's Risk Index
  
  Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Given that fact, it is no surprise that two out of those four metros also documented some of the highest Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• U.S. Foreclosure Activity Surges in First Quarter
  
  foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according to the RealtyTrac U.S. Detroits first-quarter foreclosure rate of one foreclosure filing for every 51 households was highest among the nations 100 largest metropolitan areas and and more than five times the national average. U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Home Prices Fall Deeper Into the Abyss
  
  Detroit was down 17.4 percent from May 2007 to a level below where home prices stood back in January 2000. Since August 2006 there has not been one month where we have seen overall price increases, as measured by the two Composites,” said David M. Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie, Brooks’ character nervously sweats every time he even thinks about
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE