realtytrac.com - 1/15/2009
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By RealtyTrac Staff Nearly 3.2 Million Foreclosure Filings on More Than 2.3 Million Properties Reported IRVINE , Calif. – Jan. 15, 2009 – RealtyTrac® ( realtytrac.com ), the leading online marketplace for foreclosure properties, today released its 2008 U.S. Foreclosure Market Report™, which ...
washingtonpost.com - 1/17/2009
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washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
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The Growing Foreclosure Crisis
sev.prnewswire.com - 1/15/2009
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sev.prnewswire.com —
Foreclosure Activity Increases 81 Percent in 2008 According
To RealtyTrac(C) U.S. Foreclosure Market Report Nearly 3.2 Million
Foreclosure Filings on More Than 2.3 Million Properties Reported IRVINE, Calif., Jan. 14 /PRNewswire/ -- RealtyTrac(R) ( ...
(more)
RealtyTrac Inc. :: Foreclosure Activity Increases 81 ...
bloomberg.com - 1/15/2009
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bloomberg.com —
Jan. 15 (Bloomberg) -- U.S. foreclosure filings jumped
81 percent last year as falling house prices, tighter
mortgage lending and the longest recession in a quarter century battered property owners, RealtyTrac Inc. said. More than 2.3 million ...
(more)
Foreclosures in U.S. Rose 81%, Topping 2.3 Million Last ...
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52% of 2008 Foreclosures Were In Only 5 States
CARPE DIEM —
RealtyTrac, the leading online marketplace for foreclosure properties, today released its 2008 U.S. Foreclosure Market Report, which shows a total of 3,157,806 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 2,330,483 U.S. properties during the year, an 81% increase in total properties from 2007 and a 225% increase in total properties from 2006. The report also shows that 1.84% of all U.S. housing units (one in 54) received at least one foreclosure filing during the year, up from 1.03% in 2007. MP: If you take out the six states with the highest ...
2008 U.S. Foreclosure Heat Map
The Big Picture —
>
RealtyTrac reported this week that in 2008, the U.S. had a total of 3,157,806 foreclosure filings — default notices, auction sale notices and bank repossessions — on 2,330,483 U.S. properties. This was an 81% increase over 2007, and a 225% percent increase from 2006.
The report also shows that 1.84 percent of all U.S. housing units (one in 54) received at least one foreclosure filing during the year, up from 1.03 percent in 2007.
>
Sources:
2.3 Million Properties with Foreclosure Filings in 2008 ...
U.S. Foreclosure Market Data by State – 2008
The Big Picture —
via Realty Trac
http://www.realtytrac.com/ContentManagement/pressrelease.aspx?ChannelID=9&ItemID=5681&accnt=64847
US Foreclosure Prevention Programs Not Working
Daily Markets —
US Foreclosure Prevention Programs Not Working By David Spurr on January 19, 2009 | More Posts By David Spurr | Author's Website If you’re thinking that this foreclosure, banking crisis is close to over, think again. RealtyTrac last week released additional data on state foreclosure data. The full report can be seen at their site at this link. It’s interesting to note that huge percentage increases in foreclosure from 2006. [image] A graphical view of the foreclosure “mess” [image] In their report, RT pointed out that the prevention programs that had been instituted are not having the desired results of stemming the foreclosures. As you ...
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Although a short sale, where the lender agrees to take less than owed on the mortgage, will drop your FICO score as much as a foreclosure will, there is one advantage to it: You may be eligible to buy a home with an ...