15 Articles match "2008","Colorado","Real Estate"

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• FHA Program Linked to High Colorado Foreclosure Rate
  
  An illuminating article in the Denver Post connects the dots between Colorado’s high foreclosure rate and an FHA program gone awry: “Created to extend the dream of homeownership to first-time buyers, the so-called FHA gift program instead has led to rampant foreclosures. Nearly 6,000 FHA loans have wound up in foreclosure in Colorado in the past two years, and during that time the program allowed more than 25 percent of FHA buyers to use gifts as down payments.” The article recounts several stories of homeowners who paid just a few hundred dollars to buy their home, using a loophole
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Appreciation Rates Foreshadow Foreclosures
  
  Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low. These states included Michigan, Ohio, Indiana and Colorado. The OFHEO report shows national house prices rose 7.73 percent from the third quarter of 2005, down from a 10.06
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• CO Gives Owners More Time to Fix Foreclosure
  
  gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. For that reason, about the only way to pull off a redemption is to A state law that took effect Jan. 1
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Exceed 100K for Fifth Month
  
  Colorado, Nevada and Georgia posted the nation’s three highest state foreclosure rates despite decreasing foreclosure activity in all three states. Colorado’s foreclosure rate of one new foreclosure filing for every 376 households was nearly three times the national average. Foreclosure Rates - December 2006 Posted 01-16-2007 8:07 AM by darenb U.S. foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• US Foreclosures a Mixed Blessing in Q2
  
  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. With the highest foreclosure rates in the nation, Colorado, Georgia and Texas continue to be the most likely places to begin searching for potential foreclosure properties. Meanwhile, the number of properties entering some stage of foreclosure in California and Florida 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Don't Back Down in September
  
  Colorado, Nevada and Michigan posted the highest state foreclosure rates, and California reported the most foreclosure activity of any state in terms of sheer numbers. View the full report . Posted 10-11-2006 8:43 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Deflating or Just Deferred?
  
  In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. But the increases in those categories started to slow down in 2008. U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures up 13 percent in February
  
  Indiana and Colorado werent too far behind, with one new foreclosure for every 427 households in Indiana, and one new foreclosure for every 443 households in Colorado. For others, the numbers simply show that the real estate market is softening. How do these numbers play out in your area? Posted 03-22-2006 5:17 PM by darenb RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Priced to Foreclose
  
  Many of the states near thebottom of that list -- namely Michigan, Ohio, Indiana, Colorado, Texas and Georgia -- also appeared among the top 10 on RealtyTracs list of state foreclosure rates in the first quarter. Leave acomment or e-mail us at editor@foreclosurepulse.com . Posted 06-02-2006 10:52 AM by darenb Filed under: Foreclosure Trends , Real Estate Trend A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Mania and RealtyTrac's Sweet 16 Foreclosure List
  
  Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. Reno, NV — Opening Bid: $49,073 3) Colorado — 2506 W 8th St., SW, Albuquerque, NM — Opening Bid: $83,892 SOUTH REGION SEMIFINAL With many homeowners singing the post-Katrina blues in Louisiana and Mississippi, buying This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure list. EAST REGION SEMIFINAL The dollar goes a long way in Pittsburgh.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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