Articles about Foreclosure Rates

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 [...]

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 [...]

At Maryland, many homeowners are now being faced with the scourge of foreclosures that are spreading like a plague across the nation. The legislation has now aimed at helping them to rise above the tide of the overpowering foreclosure rates. A House Committee has been set for full-fledged action to take place. This has [...]

In an unexpected development last Tuesday, property statistics company Realty Trac reported that foreclosure filings for the month of March 2008 have actually gone up by 57% compared to the same period last year.
Painting an exceedingly grim picture for the near future, this report showed that more and more people are not being able to [...]

Foreclosures are now hitting even rural communities in Places like Merced, California, where only six people turned out for a foreclosure auction recently. You could say that the end was swift and brutal, especially for the Pimentels, whose dairy farm was the first offering of the day.
Despite the auctioneer taking his time reading their details [...]

The state of Virginia experienced a total of 5,152 filings for foreclosure at the rate of one filling out of every 616 homes. This has been onto a 30% increase as compared to the filings of last month. Virginia’s foreclosure fillings rated it 14th in the nation’s foreclosure rankings this month. This has accounted for [...]

Homes in U.S. have increased by 57% in January as compared to last year. The pace with which the foreclosure rates had increased had got under control since the government intervened. According to RealtyTrac, these measures have helped to subside the rate of increase of foreclosures.
Mortgage companies as well as counsellors as endorsed by the [...]

The governor, Timothy Kaine seeks help for meeting the demands of mortgage faced by borrowers of that area. Most borrowers being on the verge of facing foreclosures, this has been a primary concern for the development of the state. The rapid stemming up of foreclosures in Virginia has made it impossible to make a good [...]

Default Research is one of the chief sources of real estate and foreclosure information based in the Detroit area. According to them, the rate of foreclosure has made a jump of 38 percent in Michigan in January 2008. Default Research reports that in January 2008, 2,501 houses in Wayne, 713 in Macomb and 588 in [...]

Imagine losing your house on Valentine’s Day! Well, John Tubbs could have lost his in Knoxville. However, there is some silver lining as his home has not come under the auctioneer’s guillotine at the court house.
Many more residents like Tubbs in Knoxville have been deeply affected by the foreclosure crisis which is showing no signs [...]