Posts (RSS)Foreclosures by State
Florida Foreclosure Rate Ranks 4th
Friday, June 13th, 2008Things are certainly getting hotter in Florida. With half of the year almost gone, the number of foreclosure filings for this state is still not letting up. According to RealtyTrac, there were 25, 736 filings for May, which is 6 percent higher than the number of foreclosure filings last April.
Declining Default Notices in California Gives Hope to Locals
Friday, June 13th, 2008Since the subprime mess started, California has recorded one of the highest foreclosures rate in the nation. With the state suffering from declining home prices and growing inventory of foreclosure homes, it is considered very rare for the industry to receive any news that will somehow provide a glimmer of hope.
When Foreclosure Knocks
Friday, June 6th, 2008When distressed homeowners receive call from their mortgage lenders, they usually end up panicking and not thinking clearly. Because of this, most of them think that the only way to address this problem is to cry and wait for the eviction notice.
Pawlenty Vetoes Foreclosure Bill
Tuesday, June 3rd, 2008While many people watched to see what Minnesota Governor Tim Pawlenty would do with the new Foreclosure Rescue Bill that was passed by the state Senate and put before his office, Pawlenty ended up doing as Republicans would have expected him to do by vetoing the measures, despite calls from citizens to save the state’s foreclosure victims.
Three Simple Steps to Selling Philadelphia Foreclosure Homes Successfully
Tuesday, May 20th, 2008Although there are a lot of Philadelphia foreclosure homes in the market today, sellers should not feel too anxious. The best way to go about this situation is to have a systematic and efficient approach. To enjoy certain advantages over other sellers, you should follow these simple steps to ensure success.
Step One: Fix Your [...]
North Texas Foreclosure Rate Slows Slightly
Friday, May 16th, 2008After a big first quarter, the foreclosure rate in the North Texas area slowed a bit, but it is still rising, and officials are predicting that this trend will not last as the year progresses. In terms of scheduled foreclosure sales for June, the foreclosure rate only increased by 3%, much lower than the statistics [...]
New Federal Money Going to Help Cape Cod and Massachusetts Foreclosure Victims
Thursday, May 1st, 2008The Massachusetts beach community of Cape Cod along the Atlantic Ocean got some much needed assistance this week from state organizations to help fight their rising level of foreclosures, which are especially high in Barnstable County.
The Housing Assistance Corporation recently received $300,000 through a federal grant to assist homeowners on the Cape facing foreclosure. The [...]
High Foreclosure Rate Creating Opportunities for Buyers in North Carolina
Thursday, May 1st, 2008While North Carolina, like any other state, has seen rising numbers of foreclosures in recent years that have hurt home values and contributed to a slowdown in the market, the situation in the state is nowhere near as bad as it is in other areas, and may present one of the best buying opportunities for [...]
Florida Residents Demonstrating for Foreclosure Assistance
Tuesday, April 8th, 2008As more and more Florida residents succumb to the struggles of mortgage debt and the ensuing foreclosure, citizens are becoming enraged and demanding that the government do more to help indebted homeowners. The activist group ACORN has convened in Tallahassee, the state capital, to protest what they see as widespread foreclosure due to predatory lending [...]
Michigan Enacts New Anti-Foreclosure Bill
Tuesday, April 8th, 2008New efforts to fight foreclosure in Michigan have led state governor Granholm to sign into action a bill aimed at helping owners of distressed properties hang on to their homes. Michigan, especially the metro Detroit area, has been in foreclosure trouble for quite a while now, and the new bill is aimed at slowing the [...]