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9 Articles match "Florida","Ohio","Year"
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The Latest from RealtyTrac
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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
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
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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The Best from RealtyTrac
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MORE
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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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Fannie: Q1 a Swift Kick in the Rear
billion loss reported for Q4 2007, it pales in comparison to the $961 million profit the GSE reported for the same quarter a year ago. As a result of the losses, Fannie is revising its forecast for home price declines from a 5 to 7 percent loss nationally for all of 2008, to a 7 to 9 percent loss for the year, with significant regional differences in the rate of home price declines. Still, Fannie’s largest credit losses were concentrated It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit.
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. Florida accounted for three metro areas in the top 20: Miami at No. 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: Riverside-San Bernardino at No.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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