4 Articles match "California","Interest Rates","October"

• The Best from RealtyTrac

  MORE

• California Foreclosures 2007: Steady As She Goes
  
  Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. The state hit its peak towards the end of the year, taking the nation’s top spot for September, October and November. seem to indicate A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. Economic data released recently by forecasters
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Credit Card and Mortgage Debt Fuels Foreclosure
  
  Not surprisingly, more than 115,568 properties entered some stage of foreclosure nationwide in October, according to RealtyTrac’s U.S. Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Of course, that could change as interest rates on adjustable-rate mortgages rise next year and beyond. Debt! No word better describes why millions of Americans are now facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• A 'Dialogue' on the Housing Market
  
  Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. The nation’s foreclosure total already broke the 1 million glass ceiling in October , and just how high foreclosure levels will go in 2007 is open to debate depending on how steep one believes the downturn will be. “When Will (the foreclosure rate) go to 2 percent? Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  quot;There are signs of a slow down in the rate of decline across the metro areas, but no evidence of a bottom," said David M. More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) We sold a condo and bought a single-family home. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE