Tag Archives: Foreclosure Rates

US Homeowners Rise Above Water on Mortgages

The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading

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California foreclosures way down in January

Foreclosure activity – default notices, scheduled auctions and bank repossessions – in California plunged dramatically in January, according to Irvine-based RealtyTrac. For the first time since January 2007, California did not have the most properties with foreclosure filings among all … Continue reading

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California: Foreclosure Starts Lowest Since 2006

La Jolla, CA – January 28, 2013 – (RealEstateRama) — The number of California homeowners pushed into the foreclosure process fell last quarter to the lowest level in six years, the result of rising home values, an improving economy and … Continue reading

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With almonds’ rising revenues, central California land values soar

FRESNO — Bill Enns, a central California real estate agent specializing in farmland, fields dozens of calls every week from potential buyers. Many want almond, pistachio or walnut orchards — or any land suitable for growing nut trees. This summer … Continue reading

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With almonds’ rising revenues, land values soar

FRESNO, Calif. (AP) — Bill Enns, a central California real estate agent specializing in farmland, fields dozens of calls every week from potential buyers. Many want almond, pistachio or walnut orchards – or any land suitable for growing nut trees. … Continue reading

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Some improvement in California foreclosures

SACRAMENTO, Calif. Statewide foreclosure numbers released Thursday illustrated the depth of California’s real estate crash./ppWhile August numbers for numerous Golden State jurisdictions and the state itself were a vast improvement over the recent past, many still ranked among the worst … Continue reading

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Will Fed’s Mortgage Buying Juice the Housing Recovery?

Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn’t buying a bullish housing recovery.  Its announcement Thursday that it would buy up to $40 billion in agency mortgage-backed securities every month, with … Continue reading

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Why Aren’t Candidates Talking More About Housing?

There has been plenty of political talk about the economy this week, but precious few words about one of the biggest drags on the economy: housing.  Despite recent signs that the housing market is improving, it is far from healthy. … Continue reading

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New Crop of Foreclosures Is Coming

While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure. Total foreclosure activity rose in the first half of this year from … Continue reading

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California lawmakers approve foreclosure-protection law

It would also allow lawsuits against banks for so-called “robo-signing,” in which foreclosure documents are signed en masse without review. Revelations about robo-signing helped lead to a $25 billion settlement of a multi-state foreclosure lawsuit against major banks. California Attorney … Continue reading

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