Archive for May, 2008

Hawaii Foreclosures Rising, Officials Searching for SolutionsMay 16th, 2008

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 … More >>

Iowa Sees Steady Climb in Foreclosures, Concentrated in Rural AreasMay 15th, 2008

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 … More >>

Rhode Island Sees Foreclosure Rate Triple Within YearMay 14th, 2008

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. … More >>

Chicago’s Rate of Delinquent Mortgages GrowingMay 13th, 2008

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 … More >>

Georgia Holds Second Highest Bankruptcy RateMay 12th, 2008

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 … More >>

Buyers Finding More Los Angeles Cheap Homes due to ForeclosureMay 9th, 2008

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 … More >>

City Officials Getting Serious about Lowering Charlotte Foreclosed HomesMay 9th, 2008

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 … More >>

San Antonio Foreclosed Homes not Plentiful, But Prime for InvestingMay 8th, 2008

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 … More >>

Moratorium on Philadelphia Foreclosed Homes Won’t Be ExtendedMay 7th, 2008

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 … More >>

San Francisco Foreclosed Homes Soaring in First QuarterMay 6th, 2008

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 … More >>