Foreclosures Blog - Foreclosure Listings Nationwide

During the past years, the real estate market in Oklahoma has seen a sharp increase in the value of its homes. Naturally, the market will try to correct itself resulting to a noticeable decline in home sales. Despite this, market conditions remain stable in the state as evident in the below-national foreclosures rate. Although there is an increase in the number of Oklahoma foreclosures, the trend remains positive and buyers will be delighted with all the great deals being offered for these properties.

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In the real estate industry, a market that shows a large inventory of foreclosure homes means only one thing – buyer’s have the upper hand. For almost two years now, the national foreclosures rate have spared to unprecedented levels, thanks to the many subprime loans defaulting once interest rates started re-setting. Selling New Hampshire foreclosures has become quite challenging and sellers are encouraged to take on a more realistic sales strategy.

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Despite ranking 10th in actual foreclosures, Nevada recorded the highest foreclosures rate for the sixth consecutive month in the United States. Across the nation, most states experienced a dip in foreclosures activity but this can only be due to the market leveling off because of the considerable rise last May. The number of Nevada foreclosures is still expected to rise since there is still about a billion dollars worth of mortgages with adjustable rates set to re-set in the last half of the year.

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Despite the considerable drop in national foreclosures rate and slight drop in Virginia foreclosures rate this June, the overall foreclosures situation is still negative especially if one compared the number of foreclosure filings last year. The growing inventory of foreclosure homes in the state has caused some experts to worry but still, they are confident that it will not become as worse as states like Nevada, California and Colorado.

The overall housing market in the United States is believed to be cooling. But just like political situations, housing conditions are based on actual local experiences. Although the nation is suffering from the impact of record-high foreclosures rate, Rhode Islands is still enjoying a relatively hot housing market. And with a large inventory of foreclosure listings to pique buyer’s interest, the state will more likely manage to avoid a worsening market condition.

In search of a better quality of life, we are uprooting again and moving on. There’s BigTom and me, and 2 preschoolers and I haven’t told him yet but maybe another on the way. Tom says he won’t throw money away on rent any more now than we have enough in savings that may cover […]

During the housing boom, you may have been enticed by lenders to take out a mortgage loan that comes with an adjustable rate option. Your excitement over owning a new home may have made you forget to ask your lender what this option would bring in the long term. When the interest rates started resetting, […]

It’s midsummer in Ohio, a name which in the local language meant “beautiful river”. The June festivals have all come to a close. The Ohio Housing Finance Agency has never been busier or more preoccupied with what has now become a priority; keeping Ohio residents in their homes as a solution to the severe pressure of the rising of foreclosures that this state has experienced over the last ten years, filings numbers increasing sharply in 2006. Urban counties in particular now figure as the major suppliers to properties listed in the Ohio foreclosure listings. Delaware county has recorded filings increase of 50% in the last 3 years; Franklin, Pickaway and Cuyahoga counties have increasing problems, its a statewide issue.

During the first quarter of the current year, the situation looked grim for the state of Massachusetts as it recorded record-breaking foreclosures rate. Even when local officials braced themselves for worsening conditions, the foreclosures data that came out last May was still gut-wrenching. Compared to its’ performance in April, Massachusetts foreclosures rate has actually doubled. The state now has the 11th highest foreclosures rate from its previous 18th position. Is there any end in sight?

Comparing the two foreclosures data from April and May, one can hope that the North Carolina foreclosures situation is leveling off. There was a slight increase in foreclosures rate between these two months, which resulted to the state holding on to the 19th position for highest foreclosures rate. Of course, comparing it to the same period last year, the 83.31 percent increase in foreclosure filings will crush all hopes.