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8 Articles match "2008","Arizona","Number"
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The Latest from RealtyTrac
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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 million vacant homes await buyers In addition to weaker sales and declining prices, a record number of homes are sitting vacant awaiting buyers. They know that a growing number of bargain foreclosures are now available. Posted 02-22-2007 11:05 AM by Octavion Filed under: Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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. 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. Ohio was number three for the third consecutive month, with 13,214 filings, followed U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported
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. The record-high delinquency rate reported by the MBA in the first quarter indicates that foreclosure activity has not peaked, which is also reflected in the numbers RealtyTrac has reported so far for the second quarter. The total number of properties with foreclosure filings in the RealtyTrac April report was the highest 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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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. 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. Ohio was number three for the third consecutive month, with 13,214 filings, followed U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bank-Repossession Beat Continues in March
And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what is called a deed in lieu of foreclosure. The year-over-year increase in bank repossessions was even more dramatic in some
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
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. properties during the month -- certainly a big number, although only a tiny fraction of the nation's 126 million total housing units. quot;Areas of California, According to the RealtyTrac U.S. Foreclosure filings were reported on 243,353 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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FBI: Mortgage Fraud Begets Foreclosure
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.” If not caught, the flipper pockets the profit produced by the artificially inflated sales price (see diagram below from FBI report). The report goes on to pinpoint “foreclosure-rescue” scams as an emerging form of fraud that takes advantage of the growing number of homeowners in default. “The perpetrators convince homeowners
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 million vacant homes await buyers In addition to weaker sales and declining prices, a record number of homes are sitting vacant awaiting buyers. They know that a growing number of bargain foreclosures are now available. Posted 02-22-2007 11:05 AM by Octavion Filed under: Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bush Foreclosure Solution Just Adds Water
Charles Rangel (D-NY), Chairman of the House Ways and Means Committee , and a number of other sponsors. Will this effect the number of foreclosures coming down the pike as non-traditional ARM’s continue to reset at higher interest rates for the next few years? Stay tuned to ForeclosurePulse and RealtyTrac as this story continues to develop. Posted 10-05-2007 9:00 AM by joelc Filed under: It wasn’t very long ago that President George W. Bush came out with a public policy statement negating any possibility
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoid and Stop Foreclosure - Help at RealtyTrac
Stop Foreclosures Click on a state below to get information on stopping foreclosures in your area: Search 1,683,603 U.S. foreclosure properties Click on a state!
www.realtytrac.com
- Tuesday, February 3, 2009
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