The first quarter of the current year saw Idaho with 1,030 foreclosure filings. This makes it the 22nd state with the highest foreclosures rate. Compared to last year, the number of Idaho Foreclosure Homes has increased by 35.53 percent. Across the nation, filings totaled 437,498, with 1 out of every 264 homes entering some [...]

Although the number of Rhode Island foreclosure homes in 2006 already exceeded the national average, financial experts believe that the state has yet to reach its foreclosures peak. For the first quarter of the current year, there are already 672 homes in some stage of foreclosure, already a 72 percent increase from the last quarter [...]

As majority of the states suffer from increased foreclosures activity, Oregon foreclosure homes rate dropped by 5.4 percent compared to 2005. Nationwide, foreclosure filings increased by 51 percent, closing the year with over 1 million foreclosure homes in some stage of foreclosure. With almost 13,000 foreclosure filings recorded in Oregon, investors can still take advantage [...]

At the end of 2006, metro Milwaukee posted a record 33 percent foreclosures rate increase. Although experts and local officials are not blaming a single factor for the increased foreclosures activity, they still acknowledge that the solution would address several key issues. For now, many local residents are hostages of their mortgage payments and at [...]

For the month of March, there were 700 foreclosure filings recorded in Kentucky. This translates to 11.46 percent increase from February 2007 and 102.31 percent increase from March 2006. In the recent months, thousands of Kentucky foreclosure homes have been recorded with the majority of them from subprime loans. More foreclosures are expected as many [...]

As the other states scramble to counteract the effects of increasing foreclosure homes rates, Vermont foreclosure homes market is under control. In fact, there was only one foreclosure filing for March 2007. With this kind of market condition, housing prices are not affected and homeowners can rest easy.
The state of Vermont was rated Aaa [...]

Although Maine is one of the low foreclosure states, its residents still have a reason to worry. Compared to the same period in 2006, Maine foreclosure homes rate has increased by 441.67 percent. This means one out of 10,029 homes enter some stage of foreclosure. Majority of these Maine foreclosures came from subprime loans with [...]

Last month, Nevada foreclosure homes rate jumped by approximately 300 percent compared to the same period in 2006. Foreclosure filings averaged about one for every 183 homes, which was considerably higher than the nation’s average. Since many subprime loans will be re-setting this year, you can expect the number of Nevada foreclosures to rise.
Facing [...]

Once a property is repossessed from the owners due to mortgage default, the foreclosed home will be sold at one of the foreclosure auctions. Before joining one of these foreclosure auctions, you should first find out if there are properties that would be worthwhile investments. To help you find out if there are indeed foreclosure [...]

Minnesota officials are calling it, "exploding ARMs". Basically, home owners with subprime loans will expect a whopping 40 percent mortgage payment increase every two years. Since 22 percent of all mortgage loans taken out in 2005 are subprime loans, experts believe that these re-setting ARMs would result to more foreclosures Minnesota foreclosure homes. [...]