3 Articles match "Correlation","Indiana","State"

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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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Appreciation Rates Foreshadow Foreclosures
percent from the third quarter of 2005, making Michigan the first state to report a year-over-year decline in more than six years. Several of the states with the 10 lowest appreciation rates also posted foreclosure rates among the nation’s 10 highest in the third quarter, according to the RealtyTrac U.S. 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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FBI: Mortgage Fraud Begets Foreclosure
The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.” The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota,
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Appreciation Rates Foreshadow Foreclosures
    percent from the third quarter of 2005, making Michigan the first state to report a year-over-year decline in more than six years. Several of the states with the 10 lowest appreciation rates also posted foreclosure rates among the nation’s 10 highest in the third quarter, according to the RealtyTrac U.S. 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
    READ MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.” The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE