8 Articles match "2008","New Jersey","Report"

• The Best from RealtyTrac

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• U.S. Foreclosure Activity Surges in First Quarter
  
  Foreclosure Market Report released today. The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. Nevada reported the highest state foreclosure rate during the quarter, with one foreclosure filing for every 75 households — 3.5 U.S. foreclosure activity in the first quarter of 2007 was
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 1 Million Foreclosures and Counting
  
  Foreclosure Market Report , released today. The report shows a foreclosure rate of one new foreclosure filing for every 1,001 U.S. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 highest in October. California recorded more than 16,000 new foreclosure filings during the month, Foreclosures filings for the year surpassed the 1 million mark in October, when 115,568 foreclosure documents were recorded nationwide, according to the RealtyTrac U.S. households — up 3 percent
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bubble monitoring
  
  For instance, there are a plethora ofblogs such as The Housing Bubble and Northern New Jersey Real Estate Bubble that use the rising foreclosure numbers shown by RealtyTracs data tosupport their theory of a real estate bubble about to burst. Here wehave the reporter interviewing a Realtor and getting the standardpicture of homes just oozing equity. Its always fascinating to see the different ways people useRealtyTracs foreclosure data. Many ofthese bloggers take the time to drill down to the RealtyTrac data intheir area and display that to their readers.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Latest Census Data Suggest More Foreclosures Coming
  
  A new report just released by the U.S. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Or consider New Jersey, which had the highest monthly housing cost for homeowners in the nation, at $1,938. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Now Homebuilders Face Foreclosure
  
  in New Jersey, and Neumann Homes Inc. Sales of new homes have suffered the biggest decline since records began in 1963. New-home sales plunged 26.4 But many homebuilders — both publicly and privately held — will become extinct in 2008. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate. But for many U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Whitney Houston: Diva in Default
  
  Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Tips for Buying Short Sales from the Lender
  
  The lender will also look at the seller's credit reports to verify the seller's financial predicament. For more detailed information, read Make Money in Short Sale Foreclosures , by Chantal Howell Carey and Bill Cary (Wiley, New Jersey), 2006, $29.95, 267 pages. With more and more sellers unloading their homes for less than what they owe on their mortgages, now is a good time for investors to start negotiating “short sales” with lenders . Real estate investors can find good deals as long as you are aware of the extra time and work required to make it happen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• No Mortgage Meltdown For These Banks
  
  Hudson has deposits of $49 billion, a network of 125 branches in New Jersey, New York and Connecticut and just 1,350 employees — a fraction of the workforce one would find with banks of similar size. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
  www.realtytrac.com - Tuesday, February 3, 2009
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