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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Fixing The Housing Market: A Foreclosure Prevention Alternative Jonathan Spurr, a like-minded colleague of mine and a wholesale account rep for 18 years came up with this idea which we just pitched to the Arizona Department... - Community...
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While the U.S is currently in the midst of the largest bout of home foreclosures in at least 30 years, at least one economist says two more 'waves' are likely on the way . Patrick Newport, a housing economist at Global Insight, said the next round of foreclosures could come over the next several months...
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It seems hard to believe, but there appears to be yet one more thing for which we can blame the mortgage crisis . And this is not a financial problem; it is a public health concern. Several cable networks have reported over the last few weeks that the hundreds of foreclosed houses covering suburban neighborhoods...
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U.S. home foreclosures jumped by 55% from the previous month's year-over-year results, according to RealtyTrac's July 2008 U.S. Foreclosure Market Report. There were 272,171 foreclosure filings in the month of July, an 8% increase from the prior month. According to RealtyTrac, one in every 464 U.S. households...
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U.S. home foreclosures soared by 121% in second-quarter year-over-year results, according to a report issued by RealtyTrac. There were 739,714 foreclosure filings in the second quarter of 2008, a 14% quarterly increase. According to RealtyTrac, 48 of 50 states and 95 of 100 of the largest metropolitan...
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According to Realtytrac's most recent survey, foreclosures in the United States are down 3.0% in June compared to the previous month's levels, but up 53% from the previous year. "June was the second straight month with more than a quarter million properties nationwide receiving foreclosure filings,"...
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U.S home foreclosures grew by 7% percent in May and increased by 48% annually, according to a report released by RealtyTrac. That is the highest rate since the firm began tracking foreclosures in 2005. There were 261,255 foreclosure filings in May as one in every 483 U.S. households received a foreclosure...
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We conducted an unscientific, teeny little survey of foreclosed houses last week ' precisely one house ' but given the figures we quoted earlier this week about the toll foreclosed homes are taking on cities, neighborhoods, and individual neighbors ' we are willing to bet that what we saw in Darien,...
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The House Financial Services Committee began two days of hearings Wednesday on the economic, mortgage, and housing rescue plan announced last week by Committee Chairman Barney Frank. The two day hearing, on April 9 and 10 will include testimony from federal regulators, academics, economists, and representatives...