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Posts Tagged ‘Foreclosure Filings’

Why an Investment in Florida Is a Better Idea

Friday, November 20th, 2009

In Florida, every time a repo property goes for sale, it is considered to be an ideal investment specifically for those buyers who can actually patiently wait for a considerable period of time before they resale the house for a better profit. It ensures lucrative profits for investments in real estate in Florida as these [...]

Foreclosures Maintaining a Low Profile This Season (Part II)

Monday, November 9th, 2009

The Hope Now report shows that Florida’s records as compared to the first quarter’s 23,463 have increased. In the months of July and August, there were, another 31,683 that were finalized. This transcends this rate to approximately 47,000 for the whole quarter. However, there is a slow down in the modifications [...]

In 3rd Quarter The Foreclosures Have Risen to 23%

Friday, October 16th, 2009

Foreclosures have continued to increase rapidly and it is expected that this scenario will remain even in 2010 mainly due to the aspect of increasing unemployment coupled with the increasing number of loans with adjustable rates that have been reset to higher repayments each month. During the 3rd quarter of this year the number of [...]

A Major Increase Experienced By the Garfield County

Monday, August 17th, 2009

Bob Slade, designated as ‘Garfield County Public Trustee’ remained highly engaged in greatly increasing foreclosure transactions. He commented that, “The foreclosure listings have gone up significantly this year.”
As per Slade’s observations, the figure of foreclosures in his supervision has literally doubled in 2009 compared to that of the number of foreclosures in 2008. Contrary to [...]

Colorado Experiences a Fall In foreclosures In July

Friday, August 14th, 2009

Colorado, in the month of July experienced a drastic fall in the number of foreclosures. As per the observations of the RealtyTrac Inc., despite this Colorado managed to hold it position at No. 9 in the list of filings in the country regarding foreclosures.
In the month of June, Colorado was at the 10th position concerning [...]

Bay Area Reeling Under The Weight Of Foreclosures

Thursday, June 5th, 2008

Around 2% of the U.S. households went down with some heavy blow of foreclosure during the month of April. Foreclosed real estate properties continue piling up heavily with the addition of homes on the market and the dragging down of real estate prices. The impact has been felt mostly with foreclosure concentrations in areas like [...]

Foreclosure Crisis Continues In All Corners Of The Country

Tuesday, June 3rd, 2008

Lately, the foreclosure crisis has posed to be one of the single most intimidating factors in the nation’s real estate sector. There has been a huge slump in the overall economic conditions, affecting the national economy in a big way. While some places had their foreclosure rates subsiding this March, many saw things flaring up [...]

Foreclosures Keep Soaring Nationwide With California In The Lead

Friday, May 30th, 2008

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. [...]

Lee County Foreclosure Figures Peak, But Don’t Show Correct Picture

Thursday, May 8th, 2008

Data released this Thursday for Lee County shows that the latest April foreclosure figures were at their peak, but there is a catch to the whole number game. Though they seem to be at their highest level of all time, these foreclosed properties are not being auctioned or sold to new buyers, causing an abnormal [...]

Foreclosure Filings Reach Unexpectedly High Levels In California

Wednesday, May 7th, 2008

California-based real estate tracker RealtyTrac reports that foreclosures have reached an unexpected 64,711 homes last month. Florida and Ohio has in fact got the dubious distinction of coming second and third in rank following suite to the Golden State.
Rick Sharga of RealtyTrac has said that the huge acceleration in the number of foreclosures have been [...]

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