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Posts Tagged ‘Foreclosure Listings’

Foreclosure Threat Still Looming Large

Thursday, October 29th, 2009

The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.
The foreclosure crisis affected nearly 938,000 properties in the July-September quarter, compared [...]

Excess Foreclosures Tend to Pull Down The Property Values

Thursday, June 18th, 2009

In the month of May, the real estate foreclosures in North Carolina came down by 35 percent from a year ago, as declared by the foreclosure firm RealtyTrac. The incident of a foreclosure filing is very common in U.S homes that rose even higher in the previous month. Currently, one out of every [...]

May Experienced a Fall in Foreclosures

Wednesday, June 17th, 2009

The number of foreclosure filings in the US for the month of May shows a 6% fall and most homeowners and buyers seem to be highly surprised at this new development. RealtyTrac based in Irvine reported that this sudden drop in the foreclosures have continued to stay as the third highest [...]

US Hit By Fresh Occurrence of Foreclosures

Tuesday, June 16th, 2009

New Heaven is the town in New England, which features a wide variety of properties worth a million dollars, and the exclusive scenic views of the Long Island Sound is simply irresistible. As one walks down the urban region, they come across a locality full of houses.
Any one looking for property in [...]

Senate Proposing Bill To Hold Back Foreclosure

Wednesday, June 10th, 2009

In the attempt to rein in home foreclosures, the Senate voted Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage endorsed by the government.
The bill, passed 91-5, also would grant banks a break by encouraging abridged fees they must pay for the government to underwrite [...]

Rates of Foreclosures Increase Primarily Due To Failure in Repayment of Debts (Part II)

Wednesday, June 3rd, 2009

In the month of April the sales of new houses dropped by almost 34% as the Commerce Department observed and the rate of unemployment got a hike to approximately 8.1% during the first quarter. The Bureau of Labour Statistics evaluated that since 1983 this was a major rise in unemployment.
The MBA stated that surprisingly enough [...]

Rates of Foreclosures Increase Primarily Due To Failure in Repayment of Debts (Part I)

Monday, June 1st, 2009

The first quarter of the year represented a major mortgage defaulting scenario in the form of delinquencies as the rate of home loans increased greatly from the month of March especially since the government’s attempts to take care of the issue of accommodation slouch stagnated. In fact, the rate of defaulting and felony in the [...]

Rise in Sales Figures Resulting from Foreclosures

Friday, May 29th, 2009

The present sales figures in the property market attained a considerable hike as more and more buyers started taking interest in real estate dealings in the hope of gaining a home at a more reasonable and bargained price and this provided an impetus to the level of transactions in the past month.
The locations like Phoenix, [...]

Taking a Closer Look Into Miami Foreclosures

Wednesday, May 27th, 2009

Varied perspectives aid the objective of getting a closer look at a number of different things. This happens primarily because it’s a key necessity and we all realize that at some point of time or the other. In fact it’s apparent that maximum people fail to comprehend the magnitude of the condition of the economy [...]

The Rising Tyranny of Foreclosures

Friday, May 22nd, 2009

The year 2009 saw a great hike in the occurrence of foreclosures and adding to this situation there was an alarming rise in the number of foreclosures in the areas like Collin County and the Dallas-Fort Worth according to the records of Fort Worth based Foreclosure Listing Service. As per the statistics one comes across [...]

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