The Great Rise Of The Foreclosure Rate in California

June 28th, 2008

The issue of foreclosed homes in California has only increased over the years. Since last year, the number of foreclosures within the state has increased by more than 300%. That means, there are three times more California foreclosure homes this year than last year. It is certainly a very difficult proposition, which is giving a lot of bad credit marks to people throughout the state. Going by this figure, there are as many as five hundred [...]

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Foreclosure Frequency In Massachusetts Rises 200%

June 27th, 2008

If the rate at which foreclosure homes appeared in Massachusetts seemed to be depressing in the last year, the rate has only worsened in this year. Actually, the trend has reached a cataclysmic low, with the number of Massachusetts foreclosures doubling since the same period last year. Last year, Massachusetts was at the eighteenth position nationwide based on its rate of foreclosures. However, this year, the rank of Massachusetts on this scale [...]

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Arizona’s Efforts To Help Homebuyers Facing Foreclosure Problems

June 25th, 2008

Foreclosure has become a major issue in Arizona's real estate market and a very strong indication of that is found in the various efforts the state authorities are making in helping people who are facing foreclosure issues. One of these efforts is the setting up of a 24/7 helpline to help people on the verge of Arizona foreclosures. A toll-free number connects people with a foreclosure counselor who can provide tips and guidance on how to go [...]

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The Devastating Effects Of Foreclosure Reverberating Through The Missouri Housing Market

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 foreclosure homes, but business isn't as good as it used to

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Is 2008 Going To Be One Of The Worst Years For Foreclosures In Massachusetts?

June 19th, 2008

As the foreclosure homes inventory soared for April 2008, the state of Massachusetts is waking up to a new threat unraveled by the astounding rise in foreclosure rates. The foreclosure deeds filed in this month jumped a staggering 187.5% from 2007 and has gained the dubious reputation of being the highest number of deeds filed for any single month since the year 2005, as per the latest

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Missouri foreclosure Rate Continues To Rise

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

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Denver, Colorado Foreclosures Mirror The National Increase!

June 17th, 2008

Despite Alan Greenspan being optimistic about the bottoming in the housing market over the next few months, folks in Colorado and its capital city, Denver, don't consider themselves so lucky. Here's

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Foreclosures Sweep Even The Affluent Areas In Tennessee

June 13th, 2008

Foreclosures know no economic boundaries. Foreclosures know no discrimination. Foreclosures know no boundaries. Or so it seems. The growing count of Tennessee foreclosure homes are proof enough that foreclosure crisis is pervading and uncontrollable, at least as of now. While the number of foreclosure homes is constantly on the rise in all Middle Tennessee counties, even some of the affluent regions such as Williamson County are witnessing an [...]

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Difficult Times For Tampa Homeowners

June 9th, 2008

The situation is no different in the first quarter of 2008 as well. The worst hit areas are Hillsborough and Pinellas counties followed by Pasco County. Lenders in the Pasco County have sued almost 211 homeowners in the month of November 2007, which is an increase of 8% since October and an increase of 87% since November 2006. All this is adding to the huge repository of foreclosures by state while homeowners find themselves in desperate [...]

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Foreclosure Rates Higher in Brickell condominiums

June 6th, 2008

According to some of the recent reports, Miami foreclosures have completely overshadowed the South Florida real estate and housing market. As a result of high number of foreclosures in 2008, Miami is ranked second in the country where foreclosures are concerned and Brickell condos have the highest foreclosure rate

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Disturbing Trends Of Illinois Foreclosures

June 3rd, 2008

Heightened house foreclosure activity in Illinois has been disturbing the residents of the state. From Chicago to Cook County to Kane County, the number of foreclosed homes has been increasing at a faster rate than expected. So much so that Chicago's foreclosure rate has achieved one of the top five ranks on America's largest metropolitan regions

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Growth of crisis in the UK housing market

June 2nd, 2008

The UK has been hit by a similar housing crisis that it is affecting the US. Specialists have predicted that if the crisis is not stopped at the beginning it could be far worse than the US foreclosure crisis, as the British economy is more reliable on the real estate

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