4 Articles match "Houses","Properties","Texas"

• The Best from RealtyTrac

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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. 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. Debt! No word better describes why millions of Americans are now facing foreclosure.
  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 potential for damage to other homes and personal property, along with the hazardous danger of bodily harm involved, may give support to the idea being promoted in many cities, counties and states around the country to hold lenders liable for maintaining the foreclosed properties in their REO inventory The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Where to find the best deals on foreclosures
  
  Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures up 13 percent in February
  
  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. In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing during pre-foreclosure." Georgia reported the nations highest foreclosure rate for the second month, with one new foreclosure for every 329 households. RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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