23 Articles match "2008","Ohio","Report"

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Where to find the best deals on foreclosures
Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Top 10 Metro Foreclosure Rates
Canton, Ohio -- 0.72% 10. Las Vegas -- 0.71% For the full list and more details, view the press release for this report . RealtyTrac today released its first ever U.S. Metropolitan ForeclosureMarket Repor t, which ranks the nations 100 largest metro areas byforeclosure rate in the first quarter of 2006. Here are the 10 metroareas with the highest foreclosure rates, along with the percentage ofhouseholds
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Priced to Foreclose
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 OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. Many of the states near thebottom of that list -- namely Michigan, Ohio, 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 U.S. homes are
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Ohio Lawmaker Seeks Solution to Foreclosure Level
    LaTourette (R-Ohio) — who chaired a meeting of the U.S. For homeowners in Cuyahoga County, or Ohio for that matter, there is cause for concern. And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. According to the RealtyTrac Q2 2006 Foreclosure Market Report , the total It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • 5 States = 55% of July Foreclosure Pie
    California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. Foreclosure Market Report released today. The foreclosure filings tracked in the report are default notices, auction notices and bank repossessions. California reported the most foreclosure filings of any state, with 39,013. foreclosure filings in July, according to the RealtyTrac U.S. The states foreclosure activity was actually down a half a percent from the previous month but still up 289 percent from July 2006.
    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. 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. percent reported in the fourth quarter of 2007 and up 93 percent from the 1.28 That closely mirrored the trend in MBA’s foreclosure rate, which put the percentage of loans in the foreclosure process at 2.47 percent at the end of the first quarter,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Top Metro Foreclosure Rates
    Fifteen of the cities with the top 25 metro foreclosure rates in the first half of 2007 were located in California, Florida and Ohio, according to the R ealtyTrac Midyear 2007 Metropolitan Foreclosure Report , released yesterday. California led the way with seven cities in the top 25, while Florida and Ohio both had four cities. The report ranks the foreclosure rate in the nation’s 100 largest metro areas. Stockton, Calif.,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Fannie: Q1 a Swift Kick in the Rear
    And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2 billion loss reported for Q4 2007, it pales in comparison to the $961 million profit the GSE reported for the same quarter a year ago. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Two Counts Show Foreclosure Activity Rising
    More than 925,000 foreclosure filings were reported on more than 573,000 properties in the first half of 2007, according to the RealtyTrac Midyear 2007 U.S. Foreclosure Market Report , released yesterday. The report marks the first time that RealtyTrac has included a count of unique property addresses in some stage of foreclosure. But whether you count by total foreclosure filings or number of properties affected by foreclosure, foreclosure activity is up more than 55 percent from the first half of 2006. “The The addition of this (property count) metric to our foreclosure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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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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  • Trimming the Fat From Foreclosure Overload
    Well, the judiciary in Cuyahoga County — Ohio’s most populated county — has taken the disturbing backlog of foreclosure cases in their courts as a call to action and took it upon themselves to actually do something about it. Reporting 2,294 properties entering some stage of foreclosure, Cuyahoga County accounted for 31 percent of all foreclosures in Ohio during October, according to the RealtyTrac U.S. Probably the biggest downside to dealing with a property sited in a judicial foreclosure state is the tedious length of the process involved. Just ask any homeowner, investor,
    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, the most of any state 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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  • Appreciation Rates Foreshadow Foreclosures
    The OFHEO report shows national house prices rose 7.73 percent from the third quarter of 2005, making Michigan the first state to report a year-over-year decline in more than six years. Foreclosure Market Report . These states included Michigan, Ohio, Indiana and Colorado. 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.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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