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20 Articles match "2006","California","Number of"
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The Government Goes After Loan Officers
Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who made bad loans also made big profits, profits which they get to keep while everyday wage earners and investors are bruised and battered by economic upheavals. A lot of people are wondering: Do those who made toxic loans have any responsibility? The Government Goes After Loan Officers By Peter G. If so, how can they be made to pay?
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing. said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold
www.realtytrac.com
- Tuesday, February 3, 2009
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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 More than 1.2 Foreclosure Market Report released yesterday.
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. 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. This sheds light on some of the most recent foreclosure statistics published by RealtyTrac (see our latest report) , which show decreasing numbers of new filings in March and April, and May numbers up only slightly. None of the factors that contributed to the last great rush in the state’s foreclosure pipeline back in the early 1990s is present this time around.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Two Counts Show Foreclosure Activity Rising
More than 925,000 foreclosure filings were reported on more than 573,000 properties in the first half of 2007, according to the RealtyTrac Midyear 2007 U.S. The report marks the first time that RealtyTrac has included a count of unique property addresses in some stage of foreclosure. But whether you count by total foreclosure filings or number of properties affected by foreclosure, foreclosure activity is up more Foreclosure Market Report , released yesterday. The addition of this (property count) metric to our foreclosure report was spurred by a data request
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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Latest Census Data Suggest More Foreclosures Coming
Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble? Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Take San Diego, for example, where the median price of a home A new report just released by the U.S. Depending on the city, if those costs increase any more than they already have, the end result could very well be seen on the RealtyTrac website.
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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US Foreclosures a Mixed Blessing in Q2
As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. Foreclosure Market Report suggests, there is both an upside and a downside to the latest numbers. On the positive side, foreclosure activity nationwide during Q2 2006 rose 25 percent over the same quarter last year to 272,109 properties . This is good news for real estate investors, agents and home buyers looking for a piece of the American Dream at a potentially more affordable price. On the flip side, however, foreclosure activity nationwide decreased 16 percent between the first and
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Today, approximately 10 percent of the listed properties are short sales. Short sales occur when home prices fall and mortgage debt exceeds the value of the property. Last year, you rarely saw the phrase “short sale” in the MLS property description. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Filings Soar 90 Percent
A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly U.S. foreclosure filings surged 90 percent in May from
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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