2 Articles match "2008","Example","Nevada"
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Priced to Foreclose
The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. Otherstates with similar statistics included Arizona and Nevada . 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. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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The Best from RealtyTrac
|
MORE
|
-
Priced to Foreclose
The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. Otherstates with similar statistics included Arizona and Nevada . 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. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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