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Tag Archives | ForeclosureListings.com

Borrowers Fighting June Foreclosure Rise in California and Arizona

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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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.

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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.

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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.

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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.

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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.

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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.

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Real Estate Tools: Foreclosure API and Real Estate Widgets

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The fast paced world of real estate is about to move even faster thanks to new tools for the web that have just been released by industry leader ForeclosureListings.com. The Internet based foreclosure listing service has just released the first ever foreclosure API on the market. This tool joins the company’s current offering of successful real estate widgets already in widespread use on the Internet.

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Arizona Leads as Foreclosure Rates Rise Countrywide

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to statistics from Foreclosure Listings, foreclosure rates are still on the rise across the country, a sure sign that the recession is far from over. The same statistics show that average foreclosure sale prices are also on the rise. The combination means that it is a strong market and a good opportunity for investment buyers.

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Foreclosures Increase Over 80-percent in 2008

NEW YORK, N.Y., Feb. 5 (SEND2PRESS NEWSWIRE) — Foreclosure Listings, one of the largest foreclosure listings providers, reports a total of 3,108,364 foreclosure filings in 2008 – auction sale notices, bank repossessions, and default notices – 1,275,791 U.S. Properties over the course of the year; an 82-percent increase in all properties from 2007, and a 240-percent increase in the total number of properties from 2006.

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