While Hawaii foreclosures haven’t been among the worst in the country, April of 2008 showed a 218% increase over the totals of foreclosure in April of 2007, and officials are expecting the foreclosure inventory in the state to get worse as the year goes on.

The Iowa foreclosure rate is now up over 120% from where it was during the first quarter of 2007, sparking increasing concern among cash-strapped citizens that 2008 will only make it harder for Iowa residents to keep up with mortgage payments and avoid foreclosure. Foreclosures in Iowa have experienced a steady climb over the past year, and the first quarter statistics were up 25% from the final quarter of last year.

With just over 1,050 homes in some stage of the foreclosure process during the first three months of the year, Rhode Island’s relatively small market is flooded with foreclosure properties. Many blame the fact that homeowners who get into trouble with defaults now cannot sell or refinance their homes for anything close to what they originally paid for it due to sinking property values. Home values have been falling steadily each month for over a year now, and are expected to continue to do so well into 2008, which will only make it harder for homeowners and contribute to rising foreclosures.

If you need proof that foreclosure homes are going to keep increasing in Chicago, just look at the numbers for 60-day mortgage delinquencies. Six major counties that make up the Chicago metropolitan area are experiencing not only rising foreclosure rates, but also rising rates in late mortgage payments that have gone unpaid for more than [...]

Georgia continues to be one of the top states for personal bankruptcy, as new reports indicate that the state ranked 2nd in the nation with just shy of 13,000 bankruptcies registered during the first quarter. The only state with more bankruptcies was Tennessee.

Buyers are finding more opportunities for Los Angeles cheap homes purchase, as new statistics show that the sprawling city’s current foreclosure rate is more than 13 times that of New York City.

Brand new statistics for April showed that Los Angeles foreclosure homes numbered just over 4,500 filing for the month, a figure that is up [...]

City leaders are getting serious about reducing the number of Charlotte Foreclosed Homes currently on the market that are driving down property values and leading to more defaults across the city. A group of city officials toured some of the hardest hit areas on Tuesday and pledged to start doing more to help citizens in danger of default.

San Antonio has held on well during the foreclosure crisis that has swept the United States, and even though 2008 has seen an uptick in its foreclosure market, San Antonio Foreclosed Homes could be one of the best investments you could make in foreclosures these days.

Although the Philadelphia City Council passed a measure at the end of March instituting a moratorium on Philadelphia Foreclosed Homes proceedings for the month of April, the city will not heed the call of citizens to extend the moratorium into the month of May.

San Francisco Foreclosed Homes soared during the first three months of the year, as foreclosures in the Bay Area rose over 300% higher than they were not one year ago. And to make matters worse for homeowners in the area, experts are expecting this number to climb as the year proceeds.