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Foreclosure WareHouse Blog

Foreclosure WareHouse Blog
The 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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Articles

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 ...
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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
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
Flathead Foreclosure Increase by 400 Percent
2008-12-26 18:19:00
The problem of foreclosures has gone up by 400 percent in Flathead real estate area. The average price of residential properties has declined by 10 percent. There were no records of foreclosure in 2006. The number of homes that have undergone foreclosure has gone up from 29 in 2007 to 150 as of press time. ...
More About: General , Foreclosure
Foreclosure Haunt Rim County
2008-12-23 15:37:00
Rim County is no exception to foreclosure. However, the condition of real estate in this county is not as bad as is the condition with Valley where the rate of foreclosure jumps almost every month. It has been found that nearly 2.5 percent of the central Arizona properties for sale are in a state of ...
More About: Foreclosure , Haunt
Livingston County Foreclosure Heading Towards Double
2008-12-23 15:06:00
The rate of foreclosure in Livingston County for the third straight year is going to simply double in figures from what it was a year back. This is in fact a big problem for the real estate of this county. The officials are not able to say that when this problem is going to resolve. ...
More About: Double , Foreclosure , Heading
US Foreclosure Rate Declines in November
2008-12-22 13:46:00
The foreclosure activity in November in the United States is said to have declined according to some foreclosure tracking firm. However, they say that this decline is not permanent. There have been about 260,000 foreclosure filings in the month of November. This takes into account bank repossessions, default notices, and auction sale notices. When compared ...
More About: Foreclosure , Rate
Foreclosures Are Unstoppable in Utah
2008-12-22 13:34:00
Utah has been witnessing an increase in the number of foreclosure filings in November when the average number nationally declined since June. Utah also is the ninth position holder in its number of foreclosure filings. One out of every 450 households in this state was sent a notice of foreclosure in the month of November. ...
More About: Foreclosures , Utah
Foreclosure Spurt in Collin County
2008-12-22 13:08:00
Collin County and the whole of Dallas-Fort Worth Metroplex real estate area witnessed a huge increase in its number of foreclosure filings this year. The annual report on foreclosure has been released by some listing service for the counties of Collin, Tarrant, Denton, and Dallas. All of them witnessed average to big increases in their ...
More About: Foreclosure
26 Percent Decline in Alabama Foreclosure
2008-12-19 14:40:00
The rate of foreclosed homes in Alabama has shown a decline between the months of October and November. It has dropped by almost 26 percent during this period. Besides, there has been a decline of about 7 percent from what it was in the month of November. According to some real estate report, nearly 613 ...
More About: General , Foreclosure
Manchester Sees a Foreclosure Drop
2008-12-19 13:24:00
It has been noticed that the rate of foreclosure in the Manchester real estate area have dropped down dramatically. However, this decline still remains high in comparison to the figure of last two years. The trend of foreclosure in Manchester was being tracked by the Planning Department and it has found that from January to ...
More About: Foreclosure , Sees , Drop
Foreclosures in Clark County Is Likely To Cross 30,000
2008-12-18 13:42:00
Clark County is likely to cross 30,000 this year in its number of home foreclosed homes. Last year, the number of home foreclosures in the real estate area of this county stood at 11,509. According to some data, there were about 2,974 foreclosures in the month of November. This added up to the total making ...
More About: Foreclosures , Cross
Foreclosure Hit Businesses in Lyon
2008-12-18 13:18:00
Lyon County has one of the highest rates of foreclosure. It was known to have the highest population rate of Nevada at a time. Today, it is leading the state in its rate of foreclosure. The real estate crisis has had a very bad effect on the economy and business as well. It could be ...
More About: Foreclosure , Lyon , Businesses
Morgan Hill: A Victim of Foreclosure
2008-12-17 13:16:00
Morgan Hill is not immune to foreclosure. One out of every 29 homes is in some stage of foreclosure there. Nearly 325 households went into foreclosure between January and October according to real estate expert Serdar Bankaci. The homes have either received default notices from the lender or are in some process of foreclosure. Last ...
More About: Foreclosure , Morgan , Victim
Federal Reserve Chairman Asks For More Foreclosure Aid
2008-12-17 12:57:00
Ben Bernanke, Federal Reserve Chairman , told that much more has to be done by the government to fight with the problem of foreclosure. It was during a Fed conference held in Washington, D.C., that Bernanke said that other than helping the homeowners in keeping their property the Fed must take up further steps to bring ...
More About: Foreclosure
Northwest Side Chicago Facing High Foreclosure Rate
2008-12-16 14:08:00
The neighborhood area of Northwest Side Chicago has witnessed foreclosure to double up in the first quarter of 2008 in comparison to the figure a year back. This rise in foreclosure is termed as foreclosure “starts”. According to the data of the Chicago-based Woodstock Institute, there has been an increase of above 100 percent in ...
More About: Foreclosure , High
14 Percent Rise in Foreclosure in Larimer: 19 Percent Decline in Sales
2008-12-16 13:18:00
Like all other states and cities of US, the county of Larimer witnessed a rise in its number of foreclosure filings in the first three quarters of this year as compared to what it was a year back during the same period. However, the foreclosure sales activity has gone down according to the data of ...
More About: Sales , Foreclosure , Rise
Orange County Will be using additional $1 million For Cleaning Foreclosures
2008-12-15 20:16:00
Orange County is in one of the worst conditions due to the problem of home foreclosures in the real estate. The condition is such worse that the leaders are planning to expend an additional $1 million in 2009 just to fix the vacant properties and mow the lawns. A new rule is also being expected ...
More About: Foreclosures , Cleaning , Orange , Orange County
San Bernardino County Up on Heels to Fight Away Foreclosure
2008-12-15 19:59:00
San Bernardino County has been found with nearly 42,356 homes under foreclosure. There are a large number of homes that have been taken over by the banks. Besides, there are also homes that have been scheduled for foreclosure auction. The homeowners of this county are in big panic as they are receiving more of default ...
More About: Fight , Foreclosure , Heels
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