Archive for April, 2007
Number of Foreclosures in Idaho Still GrowingApril 27th, 2007
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 … More >>
Rhode Island: Yet to Hit Foreclosures PeakApril 27th, 2007
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 … More >>
Oregon Closes 2006 with Lower Foreclosures RateApril 26th, 2007
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 … More >>
Milwaukee Foreclosures Surprisingly HighApril 25th, 2007
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 … More >>
Kentucky Foreclosures Rate Increases by 11.46%April 23rd, 2007
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 … More >>
Vermont: Lowest Foreclosures RateApril 19th, 2007
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 … More >>
Maine Foreclosures Rate Worries LocalsApril 18th, 2007
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 … More >>
Foreclosures Rate in Nevada Higher than Nation’s AverageApril 18th, 2007
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 … More >>
Bidding at Foreclosure AuctionsApril 16th, 2007
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 … More >>
Minnesota Braces for More ForeclosuresApril 15th, 2007
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 … More >>
