12 Articles match "2008","Arizona","California"

• The Best from RealtyTrac

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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 the state’s
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. It’s too early to say that the lower foreclosure Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Foreclosure Activity Surges in First Quarter
  
  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 activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Filings Soar 90 Percent
  
  Top 10 Foreclosure Total Ranked by the number of foreclosure filings, California topped the list, with 39,659 in May, and Florida was number two, with 21,704, according to RealtyTrac’s report. The Top 10 was rounded out by seventh place Illinois with 6,824 filings, Colorado with 6,321, Arizona with 5,918 and Nevada with 5,235 foreclosure filings. MBA’s reported pinpointed California, A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Burning Down the House
  
  Foreclosures nationwide are heating up, especially in once-supercharged real estate bubbles like Florida, California, Nevada and Arizona. For many real estate investors, the foreclosure market is smoking. But in Michigan, where foreclosures are widespread and a hot market for real estate investors, people are burning down the homes to avoid foreclosure . . . literally!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A (Relatively) Few Bad Apples Spoil the Barrel
  
  quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy." According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  Arizona is scheduled for April, and we’re back in California in June.” Is your business growing? “Last year we sold 9,000 units. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  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. Anyone have ideas?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Housing glut gives foreclosure buyers and investors advantage
  
  Sales fell by more than 20 percent in Arizona, Virginia, California, Maryland and the District of Columbia. 2.1 Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. Fueling the latest concerns is a deluge of discouraging data in the housing sector.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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