1 Articles match "2006","Arizona","Conveyance"
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Bank-Repossession Beat Continues in March
In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The year-over-year increase in bank repossessions was even more dramatic in some states: 619 percent in Arizona; 597 percent in New York; 557 percent in California; and 464 percent in Florida. Foreclosure activity on properties valued at $500,000 or more represented 10 percent of all foreclosure activity in 2006 and 11 percent of all foreclosure activity in 2007. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
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Bank-Repossession Beat Continues in March
In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The year-over-year increase in bank repossessions was even more dramatic in some states: 619 percent in Arizona; 597 percent in New York; 557 percent in California; and 464 percent in Florida. Foreclosure activity on properties valued at $500,000 or more represented 10 percent of all foreclosure activity in 2006 and 11 percent of all foreclosure activity in 2007. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it
www.foreclosurepulse.com
- Tuesday, December 16, 2008