4 Articles match "2006","New Jersey"

The Latest from RealtyTrac MORE
Latest Census Data Suggest More Foreclosures Coming
A new report just released by the U.S. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Or consider New Jersey, which had the highest monthly housing cost for homeowners in the nation, at $1,938. 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?
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Study Forecasts Rising Subprime Foreclosures
A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s. The study, which cites RealtyTrac numbers as one of its sources, looked at subprime foreclosure rates from 1998 through 2006 and closely ties those
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Tips for Buying Short Sales from the Lender
For more detailed information, read Make Money in Short Sale Foreclosures , by Chantal Howell Carey and Bill Cary (Wiley, New Jersey), 2006, $29.95, 267 pages. With more and more sellers unloading their homes for less than what they owe on their mortgages, now is a good time for investors to start negotiating “short sales” with lenders . Real estate investors can find good deals as long as you are aware of the extra time and work required to make it happen.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Latest Census Data Suggest More Foreclosures Coming
    A new report just released by the U.S. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Or consider New Jersey, which had the highest monthly housing cost for homeowners in the nation, at $1,938. 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?
    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. Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. Foreclosure Market Report released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Study Forecasts Rising Subprime Foreclosures
    A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s. The study, which cites RealtyTrac numbers as one of its sources, looked at subprime foreclosure rates from 1998 through 2006 and closely ties those
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Tips for Buying Short Sales from the Lender
    For more detailed information, read Make Money in Short Sale Foreclosures , by Chantal Howell Carey and Bill Cary (Wiley, New Jersey), 2006, $29.95, 267 pages. With more and more sellers unloading their homes for less than what they owe on their mortgages, now is a good time for investors to start negotiating “short sales” with lenders . Real estate investors can find good deals as long as you are aware of the extra time and work required to make it happen.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE