Data from the final quarter of 2008 indicates a 120% increase in nationwide foreclosure activity as compared to a year earlier. More than a quarter of a million homes across the US have been filed with some type of foreclosure activity. With figures like these, it is scarcely a surprise and more and more people are getting interested in [...] Continue Reading…
America is in danger of carrying the burden of 1/3 bank foreclosures on properties according to Forbes. Delinquent payers of mortgages opt to sell 1 quarter of the properties. More than 56% of the properties were sold at a lower price than the actual cost. The states which failed to achieve an improved price hike for [...] Continue Reading…
The eastern state of Maryland, for the month of December 2008 was nearly six percent unemployment, which contributed to the foreclosure rate here going up to 0.193 and nearly 4,500 joined the statistics on the foreclosure listings for that month.
While not in the nation’s top slot for foreclosures, it certainly is high enough to warrant concern. Interestingly the [...] Continue Reading…
The potato state, as it is known might not be one of the states that come to mind as somewhere that should be feeling much of a pinch at all from the foreclosure problems in the country today. The truth is that Idaho is indeed facing a fairly significant problem when it comes to foreclosure property.
According to sources [...] Continue Reading…
The state of Colorado is world famous for the Rocky Mountains and some of the finest skiing and skiing towns anywhere. People come from all corners of the globe to this area to slide down the double black diamond runs and party until the sun comes up.
Unfortunately, these economic times have the state of Colorado in an over [...] Continue Reading…
New Hampshire foreclosures rates for the month of December stood at 0.148 percent meaning that somewhere in the neighborhood of 875 new homes made way to the foreclosure market in that month. As far as that goes, it is in the middle of the amount of the rest of the states. The numbers here have been up [...] Continue Reading…
There are certainly a great many homes on the market because of foreclosure. In Michigan there are a number of opportunities to take advantage of this current situation in the real estate market. Michigan foreclosed homes are an opportunity for some investors to get into the real estate market and for first time home buyers to finally afford a home for their family. [...] Continue Reading…
Now is the time to make a great deal of your real estate investment in Georgia bank foreclosures. Given the current volume of home inventory and reduced prices of properties, now is the appropriate time to make a purchase if you have an available source of financing. Despite the unfavorable conditions in other areas of the U.S., [...] Continue Reading…
Buying a home of their own is a common American dream. US real estate for years flourished on this concept, helped by the Government’s policy of providing homes for the homeless. Housing loans were easy to get and the Banks and financial institutions thrived on a booming Real Estate market from the year 2000. Even barrowers, [...] Continue Reading…