6 Articles match "Homes","October","US"

• The Best from RealtyTrac

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• Foreclosure Activity Flat in October
  
  U.S. Foreclosure activity increased 2 percent in October, according to the RealtyTrac U.S. The report showed a total of 224,451 foreclosure filings, including default notices, auction notices and bank repossessions for the month, still up 94 percent from October 2006. Default notices were down nearly 9 percent in October, indicating that some of the efforts on the part of homeowners, lenders and advocacy groups to find alternatives to foreclosure may be starting to have an impact," Foreclosure Market Report released today. It also showed a foreclosure rate of one foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Credit Card and Mortgage Debt Fuels Foreclosure
  
  Not surprisingly, more than 115,568 properties entered some stage of foreclosure nationwide in October, according to RealtyTrac’s U.S. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Feel free to either Debt! No word better describes why millions of Americans are now facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A 'Dialogue' on the Housing Market
  
  Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. The nation’s foreclosure total already broke the 1 million glass ceiling in October , and just how high foreclosure levels will go in 2007 is open to debate depending on how steep one believes the downturn will be. “When Still, owners of million-dollar properties, generally speaking, will normally have more cushion to work with in cutting Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• And the Hits' Just Keep On Coming!
  
  Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. As for distressed homeowners facing foreclosure into the foreseeable future, these types of problems on the lender’s side of the transaction are probably going to make it more difficult for them to refinance or restructure their financial situation in order to save their homes. Countrywide. Citigroup.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  U.S. This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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