30 Articles match "2006","2008","California"

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• 2006 Foreclosure Filings Surpass 1.2 Million
  
  million foreclosure filings were reported nationwide during 2006, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 households, according to the RealtyTrac 2006 U.S. The number of total foreclosure filings rose from about 885,000 in 2005 to 1,259,118 in 2006. The 2006 total represents more than 1 percent of U.S. More than 1.2 Foreclosure Market Report released yesterday.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures: the Coming California Crash?
  
  California foreclosure investors now have an opportunity to tap the knowledge of a 25-year real estate investing veteran who correctly predicted the last two major swings in the California real estate market and is on the verge of correctly predicting another. “Bruce Bruce Norris was dead right” about home prices in California doubling in the early 2000s after hitting bottom in 1997, said Michael Carney, Director of the Real Estate Research Council of Southern California. Carney went on to say that he thinks Norris’ latest prediction, made in early 2006, that foreclosures will soar and home prices will plummet in the next few years is also likely to be correct.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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 metros, 19 face a more than 50 percent chance of declining home prices through the end of 2008. Given that fact, it is no surprise that two out of those four metros also documented some of the highest foreclosure rates 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
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• Metro Foreclosures: California Catch-up
  
  Foreclosure activity decreased in the majority of the nation’s 100 largest metropolitan areas in the second quarter of 2006, including Indianapolis (down 32 percent from the previous quarter), Atlanta (down 37 percent), Dallas (down 12 percent) and Denver (down 18 percent). Several other California cities also reported increasing foreclosure activity for the quarter. But those four cities still documented the four highest metro foreclosure rates among the top 100 cities, according to RealtyTrac’s just released Q2 U.S. Metropolitan Foreclosure Report .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Foreclosures 2007: Steady As She Goes
  
  Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. seem to indicate that California is economically sound and stable. That said, foreclosure levels for 2007 are more likely A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. The state hit its peak towards the end of the year,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Data Suggests Decline in California Foreclosures
  
  California’s latest economic numbers reported by forecasters at the A. The current Chapman estimate is for 226,000 jobs to be created by year-end 2006, with another 150,000 jobs added during 2007. Since unemployment rates are historically a good indicator of foreclosure rates, this bodes well for California homeowners, but less well for real estate investors, first-time home buyers and real estate professionals who may be waiting for the long-anticipated flood of foreclosure inventory. Gary Anderson Center for Economic Research at Chapman University suggest that the number of foreclosures for the state will continue to dwindle for the foreseeable future.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Take a Spring Break
  
  Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. California reported 30,505 foreclosure filings during the month, the most of any state and up more than 200 percent from April 2006. Californias foreclosure rate of one foreclosure filing for every 400 households Foreclosure Market Report released today. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 5 States = 55% of July Foreclosure Pie
  
  California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. California reported the most foreclosure filings of any state, with 39,013. The states foreclosure activity was actually down a half a percent from the previous month but still up 289 percent from July 2006. foreclosure filings in July, according to the RealtyTrac U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Backs Off 30-Month High
  
  Despite the month-over-month decrease, however, foreclosure filings were still up 87 percent from June 2006. California switched spots with Colorado to claim the nations second highest foreclosure rate — one foreclosure filing for every 315 households. California also reported the highest number of foreclosure filings among all the states, with 38,801. Foreclosure activity decreased 7 percent in June, backing down from a 30-month high reached in the previous month, according to the RealtyTrac U.S. Foreclosure Market Report issued today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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