Posts Tagged ‘ foreclosure rates ’

Foreclosures up 21 percent from year ago

Oct 23rd, 2008 | By RT Staff | Category: Housing News

Foreclosure activity in September rose 21 percent from a year earlier but fell by double-digits from the prior month as some state laws slowed the foreclosure process, according to a monthly report by research firm RealtyTrac.
Foreclosure filings — default notices, auction sale notices and bank repossessions — fell by 12 percent from August to 265,968 [...]



Central Florida Sees Foreclosures, Delinquencies Rise

Oct 21st, 2008 | By RT Staff | Category: South Region

Florida’s housing market is far from recovery with both the foreclosure and delinquency rates in Central Florida increasing.
Foreclosure rates among outstanding mortgage loans were 5.5 percent in August, nearly three-fold compared to the 1.5 percent rate in August 2007, according to First American CoreLogic Inc.
The company based foreclosure rates on total outstanding mortgages instead of [...]



Foreclosure Investors Also in Trouble

Oct 7th, 2008 | By RT Staff | Category: South Region

Home foreclosure rates in the Rio Grande Valley are the highest in the state of Texas. But as homeowners lose their properties, others benefit by buying and then reselling them. A local investor says although it is a foreclosure market, trying to sell the home he just renovated has become more difficult.
Ever since entering the [...]



Foreclosures drop in MD; Charles still housing market ‘hot spot’

Aug 22nd, 2008 | By RT Staff | Category: Northeast Region

The total number of foreclosure events - notices of default, notices of sale and lender purchases - in Maryland declined about 22 percent from April to June from the first quarter of 2008.
The change indicates new state laws - that require lenders to jump through more hoops and wait longer to take back a home [...]