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13 Articles match "2008","Increase","Texas"
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Where to find the best deals on foreclosures
Foreclosure markets most favorable to buyers and investors According to data from the RealtyTrac database, homebuyers and investors realized average savings over the past seven months of more than 40 percent on foreclosure purchases in Ohio and average savings of more than 30 percent on foreclosure purchases in Indiana , Tennessee , Georgia and Texas . All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures up 13 percent in February
foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Texas and Florida were on top in terms of sheer number of foreclosures. RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. Thats a foreclosure rate of one new foreclosure for every 986 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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RealtyTrac VP Speaking at USFN Seminar
If you’re attending the annual 2008 USFN National Default Servicing Seminar in Texas this week, you can catch RealtyTrac Vice President of Marketing Rick Sharga speaking on the latest foreclosure legislation at a 9 a.m. rdquo; Foreclosure activity increased 112 percent in the first quarter of 2008, according to the RealtyTrac U.S. panel discussion titled “In the News: Current Issues Affecting the Default Servicing Industry.” rdquo; “The housing slump — accompanied by a surge in foreclosures — in the midst of a presidential election
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Metro Foreclosures: California Catch-up
A few cities posted increasing foreclosure activity in the second quarter, including Stockton, Calif. (up up 2 percent from the previous quarter), and the Texas cities of Austin (up 7 percent) and Houston (up 40 percent). Miami’s foreclosure activity increased 14 percent and the city reported the 11th highest metro foreclosure rate. Foreclosure activity decreased in the majority of the nation’s 100 largest metropolitan areas in the second quarter of 2006, including Indianapolis (down 32 percent from the previous quarter), Atlanta (down 37 percent), Dallas (down 12 percent) and Denver (down 18 percent).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Exceed 100K for Fifth Month
But the 109,652 new foreclosure filings during the month still represented a 35 percent increase from December 2005 and marked the fifth consecutive month with a foreclosure total above 100,000, according to the RealtyTrac U.S. Texas foreclosure activity increased 4 percent, helping the state reclaim the top spot from California in terms of total foreclosures. 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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Foreclosures Begin 2007 at Two-Year High
Substantial increases in foreclosure activity in Detroit and Atlanta helped drive up the foreclosure rates in Michigan and Georgia. Atlanta foreclosures increased 25 percent from the previous month and the city’s foreclosure rate of one new foreclosure filing for every 214 households ranked third highest among the nation’s metro foreclosure rates. Texas, California and Florida continued to report the top three monthly foreclosure totals among 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures and Hurricanes: A Nasty Combo
residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. reported a rise in homeowner vacancies for the first quarter of 2008 from the previous quarter and the same quarter a year ago. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. Temporary relief from the devastation was granted in the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Credit Card and Mortgage Debt Fuels Foreclosure
Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Considering that the housing market is expected to continue to be slow through 2007, there could be increases in mortgage delinquencies — especially among high risk subprime loans. Do you think debt is the primary reason why Americans are increasingly falling into foreclosure or do you think other factors are at work? Debt! No word better describes why millions of Americans are now facing foreclosure.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up in 77 of Top 100 Metros
Saccacio said in a statement that foreclosure activity increased on a quarterly basis in 77 out of the nations 100 largest metro areas. “Although Although cities in just three states — California, Ohio and Florida — accounted for more than two-thirds of the top 25 metro foreclosure rates, increasing foreclosure activity was not limited to just a few hot spots," Saccacio said. "Still, Still, there continue to be pockets of the country RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Company
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures up 13 percent in February
foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Texas and Florida were on top in terms of sheer number of foreclosures. RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. Thats a foreclosure rate of one new foreclosure for every 986 U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Florida Homeowners Overconfident Despite Foreclosures?
Such consumer confidence does not seem to jive with RealtyTracs May 2006 data either, where the Sunshine State was ranked as having the second highest number of foreclosures in the country (8,898) behind only Texas. One local expert quoted in press reports last week suggested that increasing foreclosure activity in Florida may become a trend rather than a momentary blip on the housing radar screen. Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. Webb believes now is a good time to buy foreclosure properties.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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