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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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Tagged Assumption, Basis Points, Borrowers, Cautionary Note, Chief Economist, condos, Dallas Fort Worth, Decline, Delinquency Rate, Delinquent Loans, Distressed States, Foreclosure Rates, Fort Lauderdale, Fourth Quarter, homes, Mba, Metro Areas, Mortgage, Mortgage Bankers Association, Mortgages, Negative Equity, news, Real Estate, real estate business, Real Estate News, Sequestration, townhomes, Zillow
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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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Tagged Auctions, Bank Repossessions, Bill Of Rights, california, California City, California Foreclosure, California Foreclosures, California Properties, California Real Estate, condos, Crack, Default Notices, Foreclosure Market, Foreclosure Rates, homes, Housing Units, Legislative Package, Mark Glover, Metro Areas, news, Real Estate, real estate business, Real Estate News, Realtytrac, Sacramento Bee, Steep Declines, townhomes
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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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Tagged Avoidance, california, California Foreclosure, California Homeowners, California Houses, California Real Estate, California Resale, condos, Dataquick, Estate Information Service, Foreclosure Process, Foreclosure Properties, Foreclosure Rates, Fourth Quarter, Home Values, homes, John Walsh, La Jolla, Last Quarter, Low Interest Rates, Median Price, news, Nods, Real Estate, real estate business, Real Estate Information, Real Estate Information Service, Real Estate News, townhomes
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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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Tagged Agricultural Land Values, Almond Industry, Almond Trees, california, California Land, California Real Estate, Central California Real Estate, condos, Department Of Agriculture, Dramatic Growth, Farmland Prices, Farmland Values, Foreclosure Rates, Fresno Area, homes, Merced County, New Money, news, Nut Trees, Pearson Realty, Real Estate, real estate business, Real Estate News, Record Highs, S Central, Source Of Water, townhomes, Walnut Orchards
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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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Tagged 50 States, Bank Repossessions, california, California Communities, California Foreclosures, California Real Estate, condos, Decline, Decreases, Default Notices, Estate Crash, Foreclosure Rates, Golden State, homes, Housing Market, Housing Units, Metro Areas, news, Percentages, Real Estate, real estate business, Real Estate News, Realtytrac, S Real Estate, Sacramento Region, Spikes, State Jurisdictions, townhomes, Vice President
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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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Tagged Bank Owned Properties, Bank Owned Properties For Sale, condos, Continuation, Federal Reserve, Finish Line, Foreclosed Properties, Foreclosure Rates, Foreclosures, homes, Mortgage, Mortgage Applications, Mortgage Backed Securities, Mortgage Rates, National Trend, New Construction, news, Rates Mortgage, Real Estate, real estate business, Real Estate News, Realtytrac, Record Lows, Spikes, Stimulus, Swarm, townhomes, Volatile Stock Market
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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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Tagged Backlog, Borrowers, Cnbc, condos, Delinquent Loans, Dubious Distinction, Fannie Mae, Fannie Mae And Freddie Mac, Foreclosure Rates, Freddie Mac, homes, Housing Market, Judicial Foreclosure, Mitt Romney, Mortgage, Mortgage Bankers Association, news, Obama, Paul Ryan, Real Estate, real estate business, Real Estate News, Republican Presidential Candidate, Republican Presidential Candidate Mitt Romney, Running Mate, Swing State, Swing States, townhomes
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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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Tagged Backlog, Bank Owned Properties, Banking System, Brandon Moore, condos, Declines, Delinquent Mortgages, Distressed Inventory, Dubious Distinction, Foreclosure Rates, Foreclosures, homes, Local Markets, Metro Area, Metropolitan Areas, Metros, Mortgage, Mortgage Payments, news, Prospective Buyers, Real Estate, Real Estate Brokers, real estate business, Real Estate News, Seattle Wa, Second Half, townhomes, Welcome News
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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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Tagged california, California Attorney General, California Foreclosure, California Law, California Lawmakers, California Real Estate, City Of Stockton, Collapse, condos, Foreclosure Law, Foreclosure Protection, Foreclosure Rates, homes, Jerry Brown, Kamala Harris, Lawsuit Settlement, Lead Role, Market Professionals, Meltdown, Mortgage Servicers, Municipality, news, Real Estate, real estate business, Real Estate News, Revelations, Shumaker, townhomes, Unnecessary Burdens
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