11 Articles match "Florida","Michigan","Year"

• The Best from RealtyTrac

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• Foreclosures Begin 2007 at Two-Year High
  
  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. Michigan and Georgia ranked second and third among the states in terms of foreclosure rate. Substantial increases in foreclosure activity in Detroit and Atlanta helped drive up the That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state foreclosure rate for much of 2006, Colorado’s foreclosure rate dropped to fourth highest among the states thanks to a slight decrease in foreclosure activity in January.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Burning Down the House
  
  Foreclosures nationwide are heating up, especially in once-supercharged real estate bubbles like Florida, California, Nevada and Arizona. But in Michigan, where foreclosures are widespread and a hot market for real estate investors, people are burning down the homes to avoid foreclosure . . . Last month, a Michigan homeowner in foreclosure was arrested for allegedly setting her three-year old Grand Rapids home on fire to collect the For many real estate investors, the foreclosure market is smoking. literally!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 1 Million Foreclosures and Counting
  
  Foreclosures filings for the year surpassed the 1 million mark in October, when 115,568 foreclosure documents were recorded nationwide, according to the RealtyTrac U.S. The year-to-date foreclosure total stands at 1,029,132, up from 732,608 at the same time last year. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 Foreclosure Market Report , released today. The report shows a foreclosure rate of one new foreclosure filing for every 1,001 U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Priced to Foreclose
  
  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, Indiana, Colorado, Texas and Georgia -- also appeared among the top 10 on RealtyTracs list of state foreclosure rates in the first quarter. The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Survey Confirms Q1 Foreclosure Surge
  
  State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. Both the RealtyTrac and MBA reports identified Ohio and Michigan as states where foreclosure activity decreased in the first quarter. The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. Foreclosure Market Report released at the end of April, which
  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. Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Filings Soar 90 Percent
  
  foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Credit Card and Mortgage Debt Fuels Foreclosure
  
  Last year, the average American receiving financial counseling earned $27,000 annually and had $38,500 of unsecured debt spread over eight credit cards, according the National Foundation for Credit Counseling, a nonprofit group representing 115 counseling organizations. Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Debt! No word better describes why millions of Americans are now facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• I'll Take Sour Cream and Chives
  
  The five: California, Florida (the hanging chad capital of the western world), Michigan, Ohio and Georgia. Just an FYI: in the upcoming 2008 presidential election, California will have 55 electoral votes, Florida 27, Michigan 17, Ohio 20 and Georgia 15. This is really just the gearing up for the real race which will most likely get intense in earnest after the first of the year. No butter for me. Personally, I like my hot baked potato covered with sour cream and chives.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. The homes there range in price from $2,000 to $500,000. “Next we go to Florida, where on April 7 through April 13, we’re selling 650 bank-owned foreclosures in Fort Lauderdale, Port St. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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