Archive for the ‘Missouri’ Category

Missouri Foreclosure Rate At 19th Spot Nationwide

Tuesday, July 8th, 2008

There’s good news for Missouri residents. The Missouri foreclosure homes rate fell down in March as compared to February even as the nation witnessed an increase of 5% in foreclosure filings. ForeclosureConnections’ March 2008 U.S. Foreclosure Market Report has disclosed that March foreclosure filings for Missouri decreased by 3%, with one foreclosure filing per 779 Missouri households and by virtue of this rate, the state is now ranked 19th on the foreclosures by state list out of 50 states. Unfortunately, this rate has increased by 5% from same month in 2007. Around 3,400 filings were made in March for Mo.

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The Devastating Effects Of Foreclosure Reverberating Through The Missouri Housing Market

Friday, July 4th, 2008

The scene is quite common nowadays in Missouri. Empty houses with “do not trespass” signs, or vacant house signs can be seen everywhere. Realtors, home inspectors, and bankers are busy trying to find buyers to sell these foreclosed homes, but business isn’t as good as it used to be.

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The Devastating Effects Of Foreclosure Reverberating Through The Missouri Housing Market

Friday, June 20th, 2008

The scene is quite common nowadays in Missouri. Empty houses with ‘do not trespass’ signs, or vacant house signs can be seen everywhere. Realtors, home inspectors, and bankers are busy trying to find buyers to sell these foreclosed homes, but business isn’t as good as it used to be.

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Missouri foreclosure Rate Continues To Rise

Wednesday, June 18th, 2008

According to a report released by RealtyTrac Inc. the foreclosure activity in Missouri State continued to rise in February and almost 3,500 homes were added to foreclosure lists, which is a 47% hike from the same month in 2007. Currently, Missouri is 18th on the Foreclosures by State Ranking and has one per 747 households in foreclosure.

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Missouri Foreclosures still holds the 17th Spot for May

Tuesday, June 26th, 2007

Although Missouri has the 17th highest foreclosed houses rate in the nation for two consecutive months, the state still experienced a 20.87 percent increase in foreclosures rate compared to April and a whopping 93.32 percent rise from May of last year. Among the many cities, Saint Louis and Kansas are the most hit with most of the Missouri foreclosures coming from the subprime market.

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Missouri Foreclosures Rate Lead Nation

Monday, April 9th, 2007

To date, Missouri foreclosures rate increased by almost 240% compared to last year. From 1,753 homes, the number of Missouri foreclosures increased to 5,966 for January and February of this year alone. Now, the state even has a foreclosure help center called Missouri Homeownership Preservation network to help homeowners facing foreclosure cure mortgage default.

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