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4 Articles match "Colorado","November","Trends"
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The Latest 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
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. Colorado’s foreclosure rate of one new foreclosure filing for every 376 households was nearly three times the national average. 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
CO Gives Owners More Time to Fix Foreclosure
gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. For that reason, about the only way to pull off a redemption is to A state law that took effect Jan. 1
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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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. Colorado’s foreclosure rate of one new foreclosure filing for every 376 households was nearly three times the national average. 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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CO Gives Owners More Time to Fix Foreclosure
gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. For that reason, about the only way to pull off a redemption is to A state law that took effect Jan. 1
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
The 3 percent decrease may lead some to speculate that the upward trend in foreclosure activity may be nearing an end, but as RealtyTrac CEO James J. Saccacio pointed out in a statement, the year-over-year change is a more indicative number of the overall trend. "The In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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