Archive for January, 2008

Michigan Foreclosures Rise to High Levels in 2007, Aided By Soaring Number of Detroit Foreclosure HomesJanuary 29th, 2008

The statistics for Michigan foreclosures received a huge boost from the Detroit metropolitan area during 2007, new reports indicate. Detroit foreclosures rose more than 107% between … More >>

New Jersey Foreclosure Homes Rising, Appearing in SuburbsJanuary 25th, 2008

Following the trend of the rest of the country, New Jersey foreclosures rose in 2007, although the New Jersey foreclosure homes situation isn't quite as bad as many other states. New Jersey … More >>

New York Foreclosures Increasing Rapidly, Experts Predict More to ComeJanuary 23rd, 2008

While many states have experienced huge booms in foreclosures over the past year that are now showing signs of either evening out or beginning to drop off, New York foreclosures seem to be … More >>

Number of Indiana Foreclosures Finally dropsJanuary 17th, 2008

For some time now, Indiana has been one of the states at the forefront of the foreclosure epidemic that has been sweeping the nation, but now it seems that Indiana foreclosures may finally … More >>

Illinois Foreclosures Still High in Chicago and BeyondJanuary 16th, 2008

The state of Illinois continues to experience the weight of the foreclosure boom, as new statistics show that the number of Illinois foreclosures increased 36% in 2007 over the 2006 total. … More >>

Maryland Foreclosures Scene Bleak as Inventory of Foreclosure Homes Continues to RiseJanuary 15th, 2008

The escalating situation for Maryland foreclosures has caught the attention of local lawmakers, who recently vowed to take steps to combat the surge in Maryland foreclosure homes after 7000 … More >>

Number of Georgia Foreclosures Continues to GrowJanuary 14th, 2008

Georgia once again came in near the top of the charts among states with the highest rates of foreclosure in 2007. Georgia foreclosures and filings numbered over 9,950 in the month of … More >>

Colorado Foreclosures Hit Record High Once AgainJanuary 11th, 2008

After 2006, many thought the Colorado foreclosures couldn't get much worse. During that year, the state experienced a 30% increase in the amount of defaults filed since 2005, and although … More >>

Upward Trend in California Foreclosures Hits the CitiesJanuary 10th, 2008

According to new reports, Northern California saw an uptick in the number of California foreclosures that resulted in a 165% increase in the amount of homes entering some stage of default … More >>

As the Rate of Arizona Foreclosures Slows, It May Be the Best Time to Buy Arizona Foreclosure HomesJanuary 9th, 2008

Good news for homeowners on the Arizona foreclosures front, and that's that the near record foreclosure rate highs we've seen in the state in the past year seems to be tailing More >>