US home foreclosures nearly double from a year ago By Barry Grey 15 November 2007 The staggering rise in US home foreclosures was documented in a report issued Wednesday by RealtyTrac, a. The state had 64,711 properties facing foreclosure, the most of any state and more than double last year’s total.
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LOS ANGELES — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
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Chicago region sees double-digit declines in foreclosure filings and auctions "We are encouraged by the continuing decline in new foreclosure filings because it suggests that fewer homeowners are becoming seriously delinquent on their mortgages," said Spencer Cowan, Vice President of Woodstock Institute.
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Overall, residential foreclosure filings nearly doubled in the third quarter from a year earlier, RealtyTrac reported earlier this month. Stockton, Calif., Detroit, Michigan and Riverside-San.
Last year, filings reached record levels when lenders caught up on a backlog of filings after delays caused by new notice requirements introduced in California Senate Bill 1137. Foreclosure Filings Foreclosure Sales Nearly Double from Prior Year Despite Jump in Sales, Foreclosure Delays Remain at Record Levels
1 in every 1,672 housing units received a foreclosure filing in September. Change in filings from August: Up 15.2 percent; National foreclosure rate: 1 in every 2,099 homes. Bankrate.com is an.
The government aid, intensified in late March, has so far failed to overcome the staggering effects of nearly double-digit unemployment and. One in every 138 U.S. households got a foreclosure.
The attom data solutions U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the ATTOM Data Warehouse during the month and quarter. Some foreclosure filings entered into the database during the year may have been recorded in the previous year.
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