4 Articles match "2007","Nevada","Top"

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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. Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers .
www.realtytrac.com - Tuesday, February 3, 2009
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Foreclosures Begin 2007 at Two-Year High
Nevada took the top spot with one new foreclosure filing for every 362 households. Texas, California and Florida continued to report the top three monthly foreclosure totals among all the states. 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. 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. Nevada reported the highest state foreclosure rate during the quarter, with one foreclosure filing for every 75 households — 3.5 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
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  • Foreclosures Begin 2007 at Two-Year High
    Nevada took the top spot with one new foreclosure filing for every 362 households. Texas, California and Florida continued to report the top three monthly foreclosure totals among all the states. 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. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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. Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers .
    www.realtytrac.com - Tuesday, February 3, 2009
    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. Nevada reported the highest state foreclosure rate during the quarter, with one foreclosure filing for every 75 households — 3.5 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
  • BK' Doesn't Stand for Burger King
    Well, the American Bankruptcy Institute just released its numbers for calendar year 2007 and consumer bankruptcies were up 37.6 Gerdano, who expects consumer bankruptcies for 2008 to top 1 million, according to a Reuters report. Of ABI’s top 10 states with the highest per capita filing rate for 2007, four of them — Georgia, Michigan, Ohio and Nevada — were also some of RealtyTrac’s top 10 foreclosure states for much of the year. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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