Dallas Foreclosures Surging in High-End Communities

Dallas foreclosures have been soaring in high-end neighborhoods over the past several months. This year, the number of homes in the $1-million price range that faced foreclosure this year increased by over 20 percent."Dallas foreclosures have been surging in high-end...

Unemployment Drives More Foreclosed Houses in Decatur

The number of foreclose houses in Decatur keeps on rising because of the rising joblessness rate in the city. Decatur’s unemployment rate in April was among the highest rates in Illinois. " As joblessness worsens in Decatur, the largest city in the Illinois county of Macon,...

Bank Foreclosure Listings on the Rise in Vermont

The Bank Foreclosure Listings in Vermont increased in May compared to the same month figures the previous year. However, state officials claimed that Vermont is better off than other states in terms of foreclosure rates."Vermont recorded an increase in the number of...

Saint Petersburg Pushes Up Florida’s Foreclosures by State

Foreclosed homes in neighborhoods in Saint Petersburg have put Floridaforeclosures by state with 385,309 residential properties with foreclosure filings, according to foreclosure tracking firm RealtyTrac. It also had the second among the top three in rankings of foreclosures...

Declining Mortgage Rates Helps Foreclosure Prevention

The mortgage interest rates provided by Freddie Mac are presently at their lowest in years. This trend has been a good opportunity for homeowners who are facing foreclosure to take advantage of loan refinancing options. " From 6.06 percent last year, the average for 30-year...

Tenth Largest U.S. State Shows Low Turnout of Foreclosures

As one of the largest states in the United States but with the lowest population, Wyoming registered a low foreclosure rate while surrounding states vary in impact from foreclosures. Nearby states like Montana and South Dakota registered some of the lowest foreclosure rates...

Condos in Foreclosure Create Problems for the Association

In the last couple of years, the housing industry has been in very bad shape — thanks primarily to the growing number of foreclosed properties including condo units. For this reason, many condo associations are having problems involving fee collection. "National...