Foreclosure News – Foreclosure Warehouse.com

The Midwest region of the country has seen a spike in its foreclosure rate in the past year, up nearly 61% over the previous year. While the region has seen a recent slowdown, it is still a good place to invest in the floodd foreclosure market.

[via ArgusLeader]

Popularity: 1% [?]

More news on Colorado, which is still the state with the highest foreclosure rate in the nation. New statistics however show that the state has been experiencing a 25% hike in the foreclosure rate form month to month over about the past year.

There are thousands of foreclosure investment opportunities available in Colorado these days.

[via Ricky Mountain News]

Popularity: 3% [?]

Around the country, many communities are taking action to teach homeowners how to avoid foreclosure oncce they get behind in their mortgage payments. With the foreclosure rate rising every quarter, citizens are worried that they too will become the next victim of the growing trend. The following article form the Des Moines Register in Iowa covers the growing trend in foreclosure educational groups, and provides some interesting tips and information on how homeowners can avoid foreclosure.

[via Des Moines Register]

Popularity: 3% [?]

The county of San Joaquin in California is still experiencing big rises in the foreclosure rate, and is now one of the highest foreclosure areas in the state. It’s rate of foreclosure is also rising rapidly compared with the national average.
[via RecordNet.com]
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Continue reading: San Joaquin Valley Foreclosure Rate Continues to Rise

New studies show that Denver, Colorado has the third highest foreclosure rate of any urban areas in the country.
Denver’s rate of foreclosure is lower only than Detroit adn Ft. Lauderdael, Fl.
[via Denver Post]
Related Foreclosure NewsMore Payoff for the Banks in ForeclosuresThe Present Foreclosure Scenario Is Ruled By The Rising Risks Involving The Credit IssueO’Fallon Experienced [...]

Continue reading: Denver has Third-Highest Foreclosure Rate of Metropolitan Areas

Despite an overall increase in the national foreclosure rate from the second to third quarter this year, Indiana experienced a slight drop in its foreclosure rate. Indianapolis saw a 2.5% drop in its foreclosure rate, the largest regional drop in the state.
Indiana has been one of the states hardest hit by the foreclosure wave this [...]

Continue reading: Indiana Foreclosure Rate Drops

Alabama foreclosures rose significantly in the third quarter, particularly in the urban area surrounding Birmingham. Birmingham ranked 62nd out of a list of the top 100 urban areas in the country with the highest foreclosure rates. Experts attribute this to rising interest rates, fading property values, and economic sluggishness in the area.
Areas with the highest [...]

Continue reading: Alabama Foreclosures See Sharp Increase

Interesting article on foreclosure situation in Collin County, Texas. Also covers the Dallas/Ft. Worth area and the rapid foreclosure expansion happening there.
[via Star Newspapers]
Related Foreclosure NewsMore Payoff for the Banks in ForeclosuresThe Present Foreclosure Scenario Is Ruled By The Rising Risks Involving The Credit IssueO’Fallon Experienced Code Violations in ForeclosuresA Glaring Hike In ForeclosuresYour Home [...]

Continue reading: Foreclosure Rate Rising in Texas Urban Areas, Collin County

New statistics show that the rate of new homes entering foreclosure in the Chicago metropolitan area is shockingly double that of the national average. Second only to Dallas among urban areas with the highest percentage of foreclosed properties within their limits, it seems residents are unable to keep up with rising interest rates. Another factor [...]

Continue reading: Chicago Foreclosure Rate Running at Twice the National Average

The national foreclosure rate jumped 43% from the second to third quarter, as new statistics indicated recently. Experts say that while the rate is high, it may be somewhat of a natural occurence, since rates were at an extended low for the first part of the decade. With more Adjustable Rate Mortgages scheduled to kick [...]

Continue reading: Foreclosure Rate Rises Significantly from Second to Third Quarter