11 Articles match "March","Sales","State"

• The Best from RealtyTrac

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• Foreclosure Activity Up 7 Percent in March
  
  With 149,150 foreclosure filings reported nationwide in March, U.S. The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. Nevada documented the highest state foreclosure rate for the month, one foreclosure filing for every 183 households. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago, according to RealtyTracs foreclosure market report that was released yesterday.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S. And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Too Soon For a Comeback
  
  The bottom line is that no one can say anything with 100 percent certainty given the current state of our national economy. Even the National Association of Realtors, which has come out with its latest report documenting a two percent decline in existing home sales for March 2008, down 19.3 percent from March 2007, can’t be certain. At present it does not appear that there is enough evidence yet to declare that a market comeback is in the offing. Although industry analysts were anticipating this monthly decline, according to Mortgage News Daily .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Take a Spring Break
  
  Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S. Foreclosure Market Report released today. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Clear Signs That It's Not Over Yet
  
  For all the election year rhetoric flying around these days about the general state of the national economy, although the situation is not all doom and gloom, the news does not look as good as the politicians would like you to believe…for right now at least. Being realistic for the moment, for those of you who like to follow market trends, how about these: • Home prices in 17 out of 20 MSAs posted record low declines in February • The number of vacant homes in this country have hit a record high • Consumer confidence fell sharply in March • Home sales volume in the largest real
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  bathrooms on a 4,800 square-foot lot she purchased after being elected to the state assembly back in 2006. 14, 2007 for $18,356, followed by a Notice of Trustees Sale being recorded on March 19, 2008. At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure "Megatrends"
  
  Sales are down. As federal, state and local government weighs in of the rising foreclosure mess, look for new plans to halt the foreclosure train wreck. And in Santa Barbara, Michael Jackson’s Neverland Ranch is slated to be auctioned on March 19, with an opening bid of about $20 million. Foreclosures are rising. Home prices are falling.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Poll: Buyers to Remain on the Fence
  
  Conducted between March 24 and April 3, 2008, by Abt SRBI Inc., the survey’s sample was selected from all states except Alaska and Hawaii. For one, existing home sales — which went up in February — may be nothing more than a momentary blip on the radar screen. If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. And that could be years down the road.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• BK' Doesn't Stand for Burger King
  
  As Bloomberg.com recently reported, the likelihood of Gerdano’s prediction coming to fruition is more than a possibility given that more than 90,000 bankruptcy filings were reported for March 2008 alone, a 30 percent increase from a year ago. Of ABI’s top 10 states with the highest per capita filing rate for 2007, four of them — Georgia, Michigan, Ohio and Nevada — were also some of RealtyTrac’s top 10 foreclosure states for much of the year. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. They are profit-seeking "companies" in the sense of shareholders and being in business but they are also GSEs -- government-sponsored enterprises, companies started by the federal government and companies endowed with huge competitive advantages: They do not
  www.realtytrac.com - Tuesday, February 3, 2009
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