6 Articles match "Houses","Increase","Texas"

• The Best from RealtyTrac

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• Credit Card and Mortgage Debt Fuels Foreclosure
  
  Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Considering that the housing market is expected to continue to be slow through 2007, there could be increases in mortgage delinquencies — especially among high risk subprime loans. Do you think debt is the primary reason why Americans are increasingly falling into foreclosure or do you think other factors are at work? Debt! No word better describes why millions of Americans are now facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• RealtyTrac VP Speaking at USFN Seminar
  
  If you’re attending the annual 2008 USFN National Default Servicing Seminar in Texas this week, you can catch RealtyTrac Vice President of Marketing Rick Sharga speaking on the latest foreclosure legislation at a 9 a.m. rdquo; “The housing slump — accompanied by a surge in foreclosures — in the midst of a presidential election year has pushed foreclosure prevention legislation to the top of many politicians’ priority lists,” Sharga said in a statement . “The panel discussion titled “In the News: Current Issues Affecting the Default Servicing Industry.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures up 13 percent in February
  
  foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Texas and Florida were on top in terms of sheer number of foreclosures. RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. Thats a foreclosure rate of one new foreclosure for every 986 U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Florida Homeowners Overconfident Despite Foreclosures?
  
  Between those two extremes, other concerns included: a burst of the housing bubble, rising mortgage rates and depreciating home values. Such consumer confidence does not seem to jive with RealtyTracs May 2006 data either, where the Sunshine State was ranked as having the second highest number of foreclosures in the country (8,898) behind only Texas. One local expert quoted in press reports last week suggested that increasing foreclosure activity Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures and Hurricanes: A Nasty Combo
  
  residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. Temporary relief from the devastation was granted in the form of a foreclosure moratorium at the time.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Where to find the best deals on foreclosures
  
  Foreclosure markets most favorable to buyers and investors According to data from the RealtyTrac database, homebuyers and investors realized average savings over the past seven months of more than 40 percent on foreclosure purchases in Ohio and average savings of more than 30 percent on foreclosure purchases in Indiana , Tennessee , Georgia and Texas . All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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