Foreclosures Rate of New York Slowed Down by 3%

June 12th, 2007

Comparing the New York foreclosures rate recorded this April to that of last year during the same period, you will observe a 3 percent decrease. But from last March's report, the state's foreclosures rate increased by almost 11 percent. Among the 4,099 foreclosure filings, there were actually just 298 New York foreclosures or real estate owned with the rest in different stages of

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Foreclosures Rate in Wyoming Still Among the Nation’s Lowest Despite 100% Increase!

June 11th, 2007

For April of this year, Wyoming came in at the 46th spot with a foreclosures rate of one filing for every 11,193 households. This month saw 8 Notice of Trustee Sale (NTS) and 12 Real Estate Owned (REO) filings, bringing the total to 20 Wyoming foreclosed homes. The state's foreclosures rate remains one of the lowest in the nation although it has increased by 100 percent compared to last

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Wisconsin Foreclosures Rate Stays Put

June 8th, 2007

Across the nation, foreclosures rate dipped by over 1 percent as the market tries to correct itself from the tragedy brought about by the subprime mortgage market. In states like Washington, Vermont and Wisconsin, foreclosures rate experienced the same fate as most of them brought in less than 2 percent increases. The number of Wisconsin foreclosures filings reached 840 in April with 473 homes receiving Notice of

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West Virginia Still Enjoys Low Foreclosures Rate

June 7th, 2007

Since last year, West Virginia foreclosures rate have considerably increased by almost 250 percent. Surprisingly, the state enjoys a below than national average foreclosures rate, with one filing out of every 4,826 homes. Across the state, subprime mortgage loan products, adjustable rate mortgages in particular, have been blamed for the growing inventory of West Virginia foreclosed

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Nevada’s April Foreclosures Rate Decrease by 21%!

June 6th, 2007

The 1 percent dip in national foreclosure homes rate this April left a huge sigh of relief from real estate experts worried about the after effects of the could-have-been-better foreclosure market conditions. Other states like Nevada even enjoyed a 21. 13 percent decrease in foreclosure activity compared to last month. Although the state recorded just 3,737 homes entering some stage of foreclosure, Nevada still has the top spot in terms of [...]

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Washington Foreclosure escapes the trend set by other states!

June 5th, 2007

According to ForeclosureConnections.com, national foreclosure activity has increased around forty-five percent in overall when compared to year 2006. This information is based on the filings made during the month of March. But, Washington foreclosures has decreased by six percent during the month of April when compared to the previous

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Minnesota foreclosures offer buyers with options and choices!

June 5th, 2007

Home sales slow down in Minnesota and according to real estate industry experts; it is not meaningful to expect any turnaround in near future. Buyers have a great time with real estate market offering many choices and competitive prices. And sellers experience longer time for their home to get sold and may not get the price as

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Indiana scoring 11th rank on national top foreclosure list!

June 5th, 2007

The state of Indiana has been fighting against mortgage foreclosure and stands at eleventh rank in overall foreclosures for realities owned in the country. The state of Indiana along with twenty-one other states is desperately taking measures to minimize the impact of heavy housing downturn. Indiana governor passes a bill offering consultation and assistance to all the defaulted homeowners and those who are likely to do

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Georgia foreclosure ranks sixth during April

June 5th, 2007

Georgia foreclosure bagged 6th rank in foreclosure listing in the month of April 2007 with one foreclosure filed for every four hundred and thirty homes. This is an increase of around 5.5 percent from its previous month, March and an amazing increase of 38 percent from April last year. Georgia foreclosures ranked fourth in the month of March and maintained third rank for earlier several

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Connecticut Foreclosure leapfrogged from 15th rank to 3rd rank

June 5th, 2007

There has been a consistent increase with respect to residential home foreclosures. According to the industry experts, Connecticut foreclosures have increased by 40 percent through April over 2006 same time with a continued trend. The statistics of number of foreclosed homes along with moderate real estate market contribute substantially on spending and residential

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Colorado foreclosure ranks 2nd among all states!

June 5th, 2007

One in every 315 households in Colorado reported foreclosure in April. This is seven percent less than March and a whopping fifty seven percent from April last year. Colorado foreclosures is now ranking 2nd among all

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Michigan Foreclosures On a downward trend

June 5th, 2007

In the month of April the Michigan Foreclosures activity saw a drop of 20%. The total number of house foreclosure filings in the month of April was 6876 which is a 20% drop from the figure in March. The figure is 31% more than the figure reported during the same period last year. Michigan ranked 10th among the US states with one foreclosure filing for every 614 homes. The numbers in April were much better than at the beginning of the year when [...]

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Fact files on Massachusetts foreclosed properties

June 5th, 2007

Situated at the easternmost corner of USA, Massachusetts is becoming a hot destination for foreclosed properties. All sector of the community has felt the impact of rising interest rates over the last few years. Also the rise in utility costs along with increase in gasoline prices has affected the property owner and to top it all the housing market in Massachusetts has also

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Foreclosures on a rise in Pennsylvania

June 5th, 2007

The total number of Pennsylvania foreclosures sale for the month of March was 251. The average sale price for foreclosed properties in Pennsylvania was $67,814. The total savings on foreclosure buys was estimated at

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Ohio Foreclosures Trends and Laws

June 5th, 2007

The trends for Ohio foreclosures in the month of March reveal that there were a total of 8925 new foreclosure filings. The total number of sale in the same period was 2695 with an average sale price of

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The bittersweet truth about foreclosed properties in New Jersey

June 5th, 2007

In the recent years the New Jersey foreclosure homes market has dipped. However, the sub-prime market is looking good. This is a good sign, as this will help the lenders to provide credit to the

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Washington escapes the foreclosure up trend set by other states!

June 5th, 2007

The Washington foreclosures rating have helped lower the average foreclosures across the

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Virginia Foreclosures Soars

May 15th, 2007

The number of Virginia foreclosures increased by 138 percent from 2006. From January to March, there were 2,474 homes in some stage of foreclosure, placing the state at the 39th place among the states with the highest foreclosure homes rate. If you happened to be an owner worried about losing your home, you should do everything possible to avoid foreclosed home. Here are some great tips that could help you in the long

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Vermont Foreclosures Rate Falls by 81%

May 14th, 2007

As many states struggle with uncharacteristically high foreclosures rate, Vermont enjoyed an 81 percent decrease from 2006. During the first quarter of this year, the state recorded 4 homes in some stage of foreclosure, placing Vermont at the 50th position in the list of states with the highest foreclosures rate. With very few Vermont foreclosed homes and the state's thriving economy, buyers are trying to grab any foreclosed property that [...]

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Foreclosures Rate in Utah Decreases by 33%

May 11th, 2007

For the first quarter of 2007, Utah experienced a considerable 32.40 percent decrease in foreclosures rate compared to 2006. From January to March, the state recorded 2,406 homes in some stage of foreclosure and with a rate of 1 foreclosure for every 319 homes. The current data places Utah at the 14th spot among the states with the highest foreclosures rate. The decrease in foreclosures activity signals buyers that the time is just about right [...]

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