NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — California, Florida, Michigan, Arizona, and Nevada made up more than half of the foreclosure activity in May. According to ForeclosureListings.com, there were 8,828 California foreclosure listings in May and 10,506 in June; an increase of 19.0 percent.
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Statewide New York Foreclosures Rise Slightly While New Jersey Drops
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — In some of the top cities in United States the underlying unemployment problem shows the impact on homeowners that face foreclosures, despite government programs to help hundreds of thousands nationwide keep their homes. According to BankOwnedProperties, the foreclosure listings showed both drops and rises in the states of New Jersey and New York.
Foreclosure Crisis Falling and Rising in Major Cities
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings has noticed falling and rising trends in foreclosures in recent months. Why? When the supply of homes outweighs the demand for them, the prices shrink. When the values are attractive enough to investors with enough money to withstand the smaller return on the investment, the supply is reduced and the prices sustain at a present level until the next surge of depressed properties are on the market available at discounted prices.
Foreclosure Drop in Florida and California Does Not Show Recovery
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureWarehouse reports that Florida foreclosed homes in April were down 14.81 percent in Florida than a month ago, and California was down 8.46 percent. Florida had 9,353 Listings in March versus 7,968 listings in April of 2011.
Colorado and Georgia Lead Highest U.S. Foreclosure Listings Increase
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureDataOnline reports that Colorado and Georgia had the highest increase in foreclosure listings, considered the most in the United States from April to May of 2011, reflecting more accurate statistics and reasons challenging the overall appearance of a downward trend over the previous year.
New Legislation Could Slow Illinois Foreclosures Further
CHICAGO, Ill. (SEND2PRESS NEWSWIRE) — Illinois foreclosures dropped sharply in the first quarter, reports ForeclosureDeals, a leading provider of foreclosure news and foreclosure listings. In addition, new measures to fight foreclosures by the state could lead to higher prices for Illinois foreclosures in the near future, making the foreclosure discounts investors are used to harder to come by.
Arizona Foreclosure Sales Becoming Popular
PHOENIX, Ariz. (SEND2PRESS NEWSWIRE) — ForeclosureDeals.com, a leader in the foreclosure listings and foreclosure information industry, reports that Arizona foreclosures are becoming hot commodities. New statistics show home sales in the metro Phoenix area growing at a rate not seen since before the Arizona foreclosure crisis in 2005.
Arizona and Colorado Home Foreclosures Rise 10 Percent in April
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureWarehouse.com recently reported that in April, the top five states with more foreclosure opportunities were California, Florida, Colorado, Arizona, and Georgia. From March to April, only Florida saw a decrease at -12.07 percent in foreclosures. California foreclosures increased 4.95 percent, Colorado was up 13.98 percent, Arizona was up 11.96 percent, and Georgia was up 7.22 percent.
Foreclosures in Florida Drops 12 Percent in April – Slowdown Resulted from Robo-sign Problems
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDataOnline reports that the state of Florida saw a decline in the number of foreclosures from 9,353 in March to 8,224 in April of this year; a 12 percent drop. Of the ten top Florida cities of foreclosures, only Jacksonville had an increase; 1.3841 percent from March to April.
As California Foreclosures Rise, Foreclosure Investment Flourishes
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.
More Expensive Houses Entering Foreclosures
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings reports foreclosure home statistics and the average price of a foreclosure home in states and cities that had higher home prices entering foreclosures in the first quarter of 2011.
More Florida Foreclosures Rejected by Courts
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and information industry, reports that new developments in the Florida foreclosure market could slow the rate of foreclosures drastically statewide. As courts become more reluctant to approve foreclosures and more properties get caught up in lengthy foreclosure proceedings, less homes are going to foreclosure sale.
Changing Market Indicated It Could Be the Best Time to Buy a Foreclosure
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and foreclosure information industry, reports that rising mortgage costs and declining foreclosures in many areas signals that now could be the best chance homebuyers have to save money on discount foreclosure homes.
Some States Provide Best Value for Foreclosure Properties
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureWarehouse.com calls attention to future homeowners to some states with the best price values of foreclosure properties. Foreclosure Warehouse statistics show that the top states that had the lowest prices in the beginning of the 2011 compared to the same time in 2010 reveal advantageous situations for those who are looking for a new property.
California’s Top Cities with Homes in Foreclosure – 2011 A Record Year?
LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Foreclosure Data Online reports data for the top California cities and the change since the previous month. Facing more foreclosures, California, already the region’s number one State for foreclosures reveals the top 10 cities that made the state number one in foreclosures (and its difference between second places).
Top 5 States with More Foreclosures in 2011 from 2010
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings.com reports data that shows alarming statistics about five states that had more foreclosures in them from 2010 to 2011 and the average price of a home in foreclosure. Struggling with job losses and loans worth more than their home’s value, almost 5 million borrowers are at least two months behind on their mortgages.
Data Supports Specter of Unemployment Keeping Foreclosures High in Some States
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to The Associated Press’ monthly analysis, higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation’s economic stress in November. This supports the findings from Foreclosure Data Online that confirms Colorado and Florida have more of the top 10 cities listed for the number of foreclosures because these states rely on hard hit tourism, and have recently lost drilling, mining, or construction jobs.
Business Expansion, Improved Employment the Cure for Home Foreclosures?
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The foreclosure trends are again in today’s news, and according to data compiled by Foreclosure Warehouse, this situation seems as though it is not going to get any better regardless of how much the government tries to help, until more jobs are created and sustained.
Foreclosure Filings 2010 Statistics Show No Shortage of Foreclosed Homes
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, as foreclosures have remained high and many experts are expecting them to climb even higher in 2011.
Foreclosures Plateau in April
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Support, an online listings provider of foreclosed homes for sale, reported that foreclosures dropped 9 percent nationwide during the month of April, leading experts to speculate that the foreclosure homes market may finally have plateaued. In addition to the 9 percent drop since March, foreclosures fell 2 percent from April of 2009, marking the first year since the foreclosure crisis began that the market has seen an overall drop.
Foreclosure Rates on the Rise Across the Nation
NEW YORK, N.Y. — Data published by ForeclosureListings comparing March 2010 to February 2010 shows that Florida and Georgia had an important increase in foreclosure rates at 21.26 percent and 20.14 percent respectively. Michigan, one of the economically hardest-hit by the recession and a leading state in the number of foreclosure states surprisingly had only a .44 percent rise in foreclosures for the same time period.
More than 4 Million Families Face Foreclosure
NEW YORK, N.Y. — Data published by ForeclosureListings comparing February 2010 to January 2010 shows that Texas has witnessed the highest increase in foreclosures with a rise of 35.3 percent, followed by Michigan at 17.54 percent, California at 11.93 percent, and Florida at 4.71 percent increases. Georgia actually showed a decrease of 5.55 percent and Arkansas showed the largest drop in foreclosures down 28.6 percent.
Unemployment, Economic Hardship among Factors of Foreclosures in the U.S.
NEW YORK, N.Y. — Foreclosure Listings confirmed that the national foreclosure rate in January was one foreclosure filing for every 466 U.S. households; the most severe problems continue in the west and in Florida. Unemployment, economic hardship, negative equity, and credit availability are driving the foreclosures. Yet between the months of December 2009 and January 2010 a drop in the actual number of foreclosures was recorded.
Positive Economic News as Foreclosure Rates Fall
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The end of the recession may be in sight as foreclosure rates were down again in many states in November compared with October while foreclosure prices were up. Comparing rates and sale price figures from ForeclosureListings.com offers a positive economic snapshot of the current housing market. For buyers who have been waiting and watching the market, now is a good time to buy.
Positive Statistics in Foreclosure Market Suggest Hope for Home Owners
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings.com statistics suggest some improvement in the housing market, but the good news for homeowners might be just a temporary setback for real estate investors searching for a good deal. Decreases in the number of foreclosure filings in each state and increases in prices in many of those same states seem to suggest good news, although the news is still mixed in some parts of the country.
Statistics Suggest a Less than Stable Real Estate Market
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings.com provides statistics regarding the most recent foreclosure and real estate prices throughout the United States. Just as the signals about the state of the economy seem to be mixed, the fluctuations in the real estate market do not seem to follow a set pattern either.
Investors Eye Foreclosure Declines, Home Price Increases
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Despite recent negative information about the job market in the United States, the housing market is beginning to show some signs of improvement shows the latest Foreclosure Listings report. Investors wanting to take advantage of the slumping prices and frequent foreclosures, particularly in some of the top markets, may need to act more quickly.
Nation’s Top Foreclosure Site Reports New Foreclosure Rate Data
NEW YORK, N.Y., April 14 (SEND2PRESS NEWSWIRE) — Foreclosure Listings has been carefully following the effects of the economic package and reports that foreclosure numbers continue to surge. The most recent news was the president’s introduction of the Homeowner Affordability and Stability Plan.
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Campaign Promises and President Obama’s First 100 Days
NEW YORK, N.Y., May 1 (SEND2PRESS NEWSWIRE) — According to ForeclosureListings research, of the 895 campaign promises that Barack Obama pledged, only 3 of the dozen concerning the housing crisis have been met during his first 100 days in office. During his presidential campaign, Obama promised to cut taxes for all but the wealthiest citizens while also placing the country on the path of fiscal responsibility resulting in a ‘net spending cut.’