16 Articles match "Citi","Detroit"

• The Best from RealtyTrac

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• Motor City Tops MSA Foreclosure List in Q3
  
  As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Fade in World Series Spotlight
  
  The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation . Detroit’s The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. And foreclosures
  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. Detroit’s 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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• A Small Silver Lining in Q1 Foreclosure Storm
  
  The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. Dispatches from Detroit indicate that free-market forces may be the catalyst. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
  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. Detroit’s foreclosure total more than doubled from the previous month, giving it the nation’s highest metropolitan foreclosure rate — one new foreclosure filing for every 124 households. Atlanta foreclosures increased 25 percent from the previous month and the city’s foreclosure rate of one new foreclosure filing 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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• Foreclosure Activity Up in 77 of Top 100 Metros
  
  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, which documented one foreclosure filing for every 31 households, Detroit, which documented one foreclosure filing for every 33 households, and Riverside-San Bernardino, Calif., RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Company CEO James J.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Make Food, Not Foreclosures
  
  Similar to other parts of the nation’s Rust Belt, the county’s real estate market — particularly Detroit — is suffering. The pilot program would start with 20 plots, with the City of Detroit donating the water. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Stacking Up 2007 Metro Foreclosure Rates
  
  Detroit, Stockton and Las Vegas were the top three, each with more than 4 percent of total households in some stage of foreclosure during the year. Four Ohio cities were in the top 20: Cleveland at No. To give you a more graphical view of the on-the-ground implications of foreclosure activity at the neighborhood level, weve created a map showing Detroit fourth-quarter foreclosure filings geographically. It was the usual suspects topping the 2007 MSA Foreclosure Rate Rankings released by RealtyTrac today. Five other California metro areas joined Stockton in the top 20:
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Top 10 Metro Foreclosure Rates
  
  Detroit -- 0.83% 7. As you can see, no one region dominated the top 10 list,but conspicuously missing are any cities in the Northeast, Gulf Coastand West Coast. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 2006 Foreclosure Filings Surpass 1.2 Million
  
  Detroit’s 40,219 foreclosure filings in 2006 represented nearly 5 percent of the city’s households — the highest rate among the nation’s 100 largest metropolitan areas. More than 1.2 million foreclosure filings were reported nationwide during 2006, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 households, according to the RealtyTrac 2006 U.S. Foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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