4 Articles match "California","Nevada","November"

• The Best from RealtyTrac

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• Foreclosures Up Across the Board in November
  
  Foreclosures hit their highest level of the year so far in November, with 120,334 new foreclosure filings reported nationwide during the month, according to the RealtyTrac U.S. The national foreclosure rate of one new foreclosure filing for every 961 households represented a 4 percent increase from the previous month and a 68 percent increase from November 2005. With one new foreclosure filing for Foreclosure Market Report released last week. The report shows increases in all three phases of the foreclosure process — default, auction and bank repossession.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Exceed 100K for Fifth Month
  
  foreclosure activity dropped 9 percent in December, backing down from a November foreclosure total that was the year’s highest. Colorado, Nevada and Georgia posted the nation’s three highest state foreclosure rates despite decreasing foreclosure activity in all three states. Texas foreclosure activity increased 4 percent, helping the state reclaim the top spot from California in terms of total foreclosures. U.S. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Housing glut gives foreclosure buyers and investors advantage
  
  At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. Sales fell by more than 20 percent in Arizona, Virginia, California, Maryland and the District of Columbia. 2.1 million empty houses were listed for sale during October, November and December, according to the Census Bureau . Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
  www.realtytrac.com - Tuesday, February 3, 2009
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