Articles about foreclosed

Foreclosures of residential areas have started since quite a long time ever since the availability of easy money became a trend and most people didn’t have to bother much for taking a loan. Almost more than half of the mortgages of sub-prime in nature and these have all the more led to foreclosures inclusive of [...]

One of the prime indications of an economic crunch on the realm of real estate is excessive rise in foreclosures. RealtyTrac observes that presently almost 1000 house or more have gone through either foreclosure or have been sent for auctioning in Beaufort County. This condition can still change the real estate scenario and motivate people [...]

With foreclosures continuing to increase, related concerns are raising their heads in hard hit neighbourhoods. One such problem is that of growing crime.

Boarded up homes and vacant properties are often sitting ducks for negative elements. These houses are prime targets for burglars and are also used for all kinds of anti-social activities. Thus [...]

Florida is one of the states that have been hardest hit by foreclosures. It is ranked second only to California in numbers. In March 2008 alone 30,254 homes were foreclosed in the state.

Like the rest of the state, Hillsborough County in Florida too is affected by this situation.The Hillsborough County office records 400 [...]

The foreclosure filings occurring throughout the first quarter of the year had been some of the worst in recorded history. In Florida, at least one out of 242 households has had a filing. Locally, one out of every 311 households has received a filing.
The current announcement may be taken further ahead with the hope that [...]

California had the highest number of properties facing foreclosures with 64,683 foreclosed homes and the number being on rise as well. The rate of increase had occurred by 112% from April 2007. However, the number of properties facing foreclosure, have a declining rate which has been less than 1% in fact! The state had also [...]

California is in the leads currently with its foreclosure rates soaring way higher than the rest. One out of every 204 households in California now is in some way or the other related to foreclosure. According to a report from RealtyTrac, the rate is just half the total that it used to be in March. [...]

As more and more foreclosures increase due to homeowners falling behind their mortgage deals, there leaves little to be written or left on account of mortgage payments. The number of filings is slow to be delivered, and the driving number of homes on foreclosure is rising by 65% more, compared to the same time [...]

The number of foreclosures in Hawaii has increased dramatically, with the state having climbed up to reach rank 36, as revealed by a nationwide survey. This is an increase of over 300% more than the recorded rate that is usual for Hawaii. At least a couple of years back, Hawaii was much lower in the [...]

As the real estate industry in Florida keep on hiking up with their giant rise in foreclosures, The Irvine, a California-based company, said that Florida had 35,264 properties involved in some kind of foreclosure related issues in April itself. This is also a rise of 16.6% since March and a height of 146% since a [...]