June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.
Tag Archive: Foreclosures
Bank Reposessions Reach Record Levels For The Second Straight Month
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year.
Foreclosure Activity Slows For The First Time In Several Years
According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010. 2 percent may not seem like much, but it’s the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.
Florida Ranks Among Highest in Foreclosures for 13th Straight Month
California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It’s a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.
Foreclosures Per Capita | February 2010
According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing.
Obama’s Making Home Affordable Program Finally Under Way
Last Wednesday, the United States Treasury Department announced the first six participants to sign up for President Obama’s Making Home Affordable home loan modification program. Are You Eligible?
CS/HB 643 Florida Foreclosure Fraud Protection Law – Protecting Polk County, Florida Homeowners
As a Lakeland real estate agent, I am always saddened to see good people taken advantage of by those seeking to gain a quick buck. This holds ...
Lakeland Florida Market Report for October 2008 – Back to 2004 prices
Hi folks! The month of October has shown that 136 homes were sold in Lakeland at an average price with a continuous decline to just under $150,000. When comparing the data to last year, we have seen that the average sold price of a home decreased by 24% from $184,486 to $149,333. Folks, these are ...
Winter Haven, FL: “Hope for Homeowners” May Prove Elusive
As part of the massive housing rescue bill passed by Congress in July, troubled borrowers in Winter Haven, FL and across the nation may be able to refinance their home loans with the backing of the Federal Housing Authority (FHA) starting on October 1. But at a congressional hearing ...
