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Foreclosure WareHouse BlogForeclosure WareHouse BlogThe Foreclosure Warehouse Blog is dedicated to bringing you the news you need to know to be a successful foreclosure investor. You’ll find advice and statistics on where foreclosures are happening and how you can buy them, information on HUD happenin 
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Foreclosures go down in the Wayne County
2009-01-26 14:31:00 Detroit, the metro county seat of Wayne saw a decline in the foreclosure rates in the end of last year. The number of foreclosures decreased almost by 5 percent in the month of December last year compared with the foreclosure rate in December, 2007. This came as a surprise amidst the massive foreclosures and ... More About: Foreclosures , General , County , Wayne County
Foreclosures affect 906 properties in Santa Cruz County
2009-01-23 14:01:00 Foreclosure proceedings rocketed in Santa Cruz County , touching a record level, as 906 homes were set for action. These figures doubled the 392 homes sold during the 1983 economic meltdown. The homes auctioned in Santa Cruz saw a 248% increase compared to 159 percent foreclosures across all states. Foreclosure filings increased by 167 percent compared to ... More About: Foreclosures
Foreclosure Filings increase by 81% in the year-end
2009-01-23 13:15:00 Over 2.3 million properties of American homeowners were foreclosed in the previous year. This was estimated to be an 81% increase from 2007. The situation is anticipated to become even worse, with frequent layoffs, a downturn in investment portfolios and lowering of home rates deeply affecting the modern consumer Over 860,000 homes were actually seized ... More About: Foreclosure , Year
Foreclosure filings increase by 151% in the Albany County
2009-01-22 12:59:00 Filings of property foreclosures increased by 151 percent in the previous year in Albany, in N.Y, region. The figures brought out a few days ago estimated that the number of householders threatened with the foreclosure crisis is a small fraction of the property stocks. RealtyTrac, a foreclosure listing firm based in Irvine, Calif reported that the ... More About: Foreclosure , County
Renters Bear The Brunt Of Foreclosures
2009-01-22 12:34:00 Foreclosures have affected renters in a major way. The case of Mark Heslin is an indicator. He was unfortunate to see both the properties he was renting, facing foreclosure. Such cases run rampant today in the real estate markets of Phoenix and others. In Phoenix, renters are forced to move out as soon as the ... More About: Foreclosures , Bear
Pima County All Set To Purchase Foreclosed Property
2009-01-21 13:07:00 About $1.5 million is expected to be invested in reasonably-priced housing bond funds by Pima County . It is a step towards safeguarding regions and neighborhoods severely affected by the foreclosure crisis. A vote of agreement was passed by the Board of Supervisors, this Tuesday to this effect. The bond funds are to be utilized along with ... More About: Property , Foreclosed , Purchase
Year-end foreclosures in California signals impending doom
2009-01-21 12:19:00 A report from the ForeclosureRadar, a Discovery Bay company, showed that about a quarter-million California houses faced foreclosure in 2008, which was even greater than the properties foreclosed in 2007. The company further mentioned that December saw the issuance of a large number of default notices, replicating once again a situation during summer last year. This ... More About: Foreclosures , Doom , Year
Homeowners In Monroe County Turn To Federal Courts for Foreclosure Cases
2009-01-20 13:10:00 The home foreclosure cases of Monroe County processed in federal court have decreased in number.The Monroe County Sheriff’s Department handles the record number of foreclosures filed in county court. In October 2008, only three Monroe County foreclosure cases resulted in mortgage holders repossessing the homes through a federal court sale. After that no federal foreclosure filings ... More About: Foreclosure , Courts , Cases , Turn
Residents of West Virginia Become Homeless
2009-01-19 14:52:00 The rise in number of foreclosures has left many people homeless in West Virginia . The numbers have increased between January 2005 and January 2007. The study was released on Monday according to a Washington D.C based group. According to the new report from the National Alliance to prevent foreclosures, people have become homeless in the Mountain ... More About: Homeless
Foreclosures in Belknap County Rise Again
2009-01-19 14:10:00 Belknap County is steadily witnessing number of foreclosure rates. This statistics was kept by the Belknap County Registry of Deeds. In the past decade the numbers of foreclosure deeds in the county have gone from double digits to triple digits. According to Russ Thibeault of Applied Economic Research, the increasing numbers of foreclosure are closely tied ... More About: Foreclosures , New Hampshire , Rise
Tennessee Builders Take Steps to Prevent Further Foreclosures
2009-01-17 19:09:00 The home builders of Tennessee are pushing congress to formulate laws to revive the housing industry of America. The housing industry was badly affected due to present economic state. Most of the builders want that the new administration should enact and approve a stimulus to minimize foreclosures. Phil Chamberlain, a member of the Home Builders Association ... More About: Foreclosures , Steps
Fannie Mae Brings Some Ray of Hope for the Home Owners
2009-01-16 14:05:00 Fannie Mae, one of the major government aided enterprise of America has launched a new program to prevent further foreclosures in the state. This program allows short sales of homes, in which the mortgage companies allow the homeowners to sell off their properties for a lesser value than existing loans. The number of mortgage defaulters has ... More About: Home , Hope , Fannie Mae , Owners
New Jersey proposes programs to fight imminent foreclosures
2009-01-16 13:16:00 New Jersey ushers in three state programs to bring some relief to its homeowners facing foreclosures. Legislation signed by Gov. Corzine yesterday, seeks to create two of the three state programs. He said that ?The magnitude of the foreclosure crisis has made many New Jersyans feel that maintaining their dream of home ownership is beyond ... More About: Foreclosures , Programs , New Jersey , Fight
38 Percent Decline in Salt Lake County Home Sales
2009-01-15 13:53:00 The sales activity of homes and condos in Salt Lake County in the month of November went a 13-year low due to foreclosure. The sales activity has come down by 38 percent from what it was a year back during the same period. A total of 924 units were sold in November 2007. This in ... More About: Sales , Home
Old Tool Revamped To Sell Foreclosed Houses
2009-01-14 19:36:00 In the present economic crisis, a revamped version of old home finance tool can of great help for credit -starved buyers. It can be used to purchase new houses in the foreclosed homes of Minneapolis and St. Paul. The program was announced on Wednesday which uses contracts for deed with new protection. It also fulfills ... More About: Houses , Tool , Sell , Foreclosed
Obama?s Government Develop Bailout Plans To Prevent Further foreclosures
2009-01-14 13:36:00 The lawmakers of U.S are trying to implement economic recovery package by the mid of next month. Most of the desperate home builders from all over the state flew to Washington on Wednesday to push $150 billion plan to revive the housing market industry. Around 80 builders from ?The National Association of Home Builders? attended the ... More About: Government , Foreclosures , Obama , Plans , Develop
Allegheny County draws up plan to prevent foreclosures
2009-01-13 18:23:00 The New Year has brought in much-needed relief for the home-owners confronted with the foreclosure issue, inhabiting the Allegheny County property. The defaulters will get an opportunity to negotiate with their creditors, in order to keep their houses within the jurisdiction of the Pilot Program. The Pilot program will begin sometime in the coming week. The ... More About: Foreclosures , Plan
Rise in Bexar County Commercial Foreclosures
2009-01-13 13:20:00 There has been a significant increase in the number of commercial foreclosures in Bexar County in 2008. There have been about 56 more foreclosure postings this time as compared to 2007. There has been an increase of 24 percent in residential foreclosures this year. Out of a total of 11,300 foreclosure listings, 557 were commercial ... More About: Commercial , Foreclosures , Rise
Hampden County Foreclosures Reaches Record High
2009-01-12 19:53:00 The rate of mortgage foreclosures in Hampden County has gone up very heavily at the close of November. It shows an increase of about 40.8 percent from what it was a year back during the same period. It has been found that the number of foreclosure deeds from the months of January to November of ... More About: Foreclosures , High , Record
Greenwich Fighting Hard With Foreclosure
2009-01-12 14:52:00 The rate of foreclosure in motion in the first 11 months of 2008 in Greenwich went up by 42 percent as compared to the figure last year during the same time period. It has been found that about 132 units in the real estate area of Greenwich town have been in a state of foreclosure ... More About: Foreclosure , Hard , Fighting
McLennan County Foreclosures Makes a Record
2009-01-08 17:05:00 The rate of foreclosure has gone up in McLennan County . The number of foreclosure postings has been high in December and throughout the year. A total number of 1,110 foreclosure postings have been recorded till date. This shows a 13 percent increase from the figure last year that was 909. The total number of foreclosures ... More About: Foreclosures , Record
Foreclosure in Oregon Remains High at Year End
2009-01-07 13:41:00 The rate of foreclosure has been continuously rising in the real estate area of Oregon . As a result of this, the value of homes has come down heavily. 2008 is about to end, but the residents of Oregon are still in a state of despair due to the increasing rate of foreclosure. In the month ... More About: Foreclosure , High , Year
Foreclosure Is Still On Despite Efforts of the Mortgage Service Providers
2009-01-07 12:27:00 Despite strong efforts made by the mortgage service providers to assist the borrowers to keep back their real estate, the rate of foreclosure did not stop increasing in the third quarter. The condition of the economy is really bad and more number of people defaulted on their loan payments. The new foreclosures boiled down from ... More About: Foreclosures , Service , Foreclosure , Mortgage , Service Providers
Foreclosures Spurt in Peninsula
2009-01-06 12:56:00 Peninsula is witnessing a big increase in its rate of foreclosures. A large number of people in the real estate area are falling behind in their mortgage payments. According to a foreclosure tracking firm, the number of foreclosure filings has shown a marked increase this November to what it was a year back during the ... More About: Foreclosures , Peninsula
Thurston County Foreclosure Increases by 50 percent
2009-01-06 12:35:00 Thurston County has been found to have an increasing rate of foreclosure problem. It has witnessed nearly 50 percent increase in its rate of foreclosure in 2008 from what it was in 2007. The reason behind it has been attributed to the slump economy of the county. The number of foreclosure sales filed by the ... More About: Foreclosure
Foreclosure in Indiana is the Fifth Highest
2009-01-05 20:07:00 It has been recently found that the rate of foreclosures in the United States is one of the highest in the real estate area of Indiana . The end of third quarter in September shows that the rate of foreclosure in this state is the fifth highest. The percentage of loans in foreclosure in Indiana stands ... More About: Foreclosure
Foreclosure Increasing the Number of Homeless Students
2009-01-05 19:36:00 With the increasing number of foreclosures, the number of homeless children is also increasing. At some places, it has been found that the number of homeless have increased by 50 to 100 percent. As more number of children is becoming homeless, this is putting a great pressure on their minds. It has been estimated that ... More About: Students , Foreclosure , Homeless , Number
Foreclosures step up the rate of sales of households in the Phoenix Region
2009-01-02 13:18:00 Despite a fall in the average sales rate owing to the dwindling condo and new-home markets, the selling rate of the single-family houses in the phoenix area in November was even higher than last year. As per the report of the real estate information service, the buyer’s choice for a discount in foreclosures buttressed the ... More About: Phoenix , Foreclosures , Sales , Foreclosure , Step
Greater Seattle Area: One of the Top 10 Foreclosures Affected Areas
2008-12-30 13:43:00 The greater Seattle real estate area is counted among the top 10 foreclosure hit areas of the nation. It is the ninth position holder in its volume of troubled and distressed commercial properties. Nearly 85 properties have been marked as troubled properties in the area of Seattle. Six of the properties have been identified as ... More About: Foreclosures , Area
Lull Before another Foreclosure Storm in US
More articles from this author:2008-12-29 13:14:00 According to US Foreclosure Market Report of 2008, the rate of foreclosure filings is down by 7 percent for the month. However, the figure shows a 28 percent increase from what it was during the same period last year. This November, one out of every 488 households in the US received a notice of foreclosure. ... More About: General , Storm 1, 2, 3, 4, 5, 6, 7 |
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