15 Articles match "Detroit","Households"

• The Best from RealtyTrac

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• FDIC Selling Off Detroit Inventory
  
  So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. With one in every 176 households receiving a foreclosure filing during July, the Detroit metro area had the 18th highest foreclosure rate among the 230 MSAs reported by RealtyTrac for the month. Reporting 4,781 properties with foreclosure filings for the month, the Detroit metroplex saw a 10 percent The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Begin 2007 at Two-Year High
  
  Nevada took the top spot with one new foreclosure filing for every 362 households. 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. 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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• 2006 Foreclosure Filings Surpass 1.2 Million
  
  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. households. Colorado documented the nation’s highest state foreclosure rate, with total foreclosure filings representing 3 percent of the state’s households. More than 1.2 Foreclosure Market Report released yesterday.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Foreclosure Activity Surges in First Quarter
  
  The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. Nevada reported the highest state foreclosure rate during the quarter, with one foreclosure filing for every 75 households — 3.5 U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Top Metro Foreclosure Rates
  
  reported the highest midyear foreclosure rate, one foreclosure filing for every 27 households during the six-month period — more than five times the national average. Detroit’s foreclosure rate of one foreclosure filing for every 29 households came in second place, and the nearby Warren-Farmington Hills-Troy metro area placed No. 25 with a foreclosure rate of one foreclosure filing for every 80 households. 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.
  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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• Foreclosure Activity Backs Off 30-Month High
  
  Nevada continued to register the nations highest state foreclosure rate, with one foreclosure filing for every 175 households — more than four times the national average. California switched spots with Colorado to claim the nations second highest foreclosure rate — one foreclosure filing for every 315 households. 6, Detroit at No. Foreclosure activity decreased 7 percent in June, backing down from a 30-month high reached in the previous month, according to the RealtyTrac U.S. Foreclosure Market Report issued today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Filings Soar 90 Percent
  
  1 in 88 households) 2. 1 in 100 households) 3. 1 in 118 households) 4. 1 in 127 households) 5. 1 in 145 households) 6. 1 in 147 households) 7. A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. According to RealtyTrac’s year-end report for 2006 , Detroit led the nation’s 100 largest metro areas in foreclosure rate, reporting that 4.9 percent of all households went into foreclosure. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Up in 77 of Top 100 Metros
  
  which documented one foreclosure filing for every 31 households, Detroit, which documented one foreclosure filing for every 33 households, and Riverside-San Bernardino, Calif., which documented one foreclosure filing for every 43 households. 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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