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Real Estate & Foreclosure News

01.18.2007
Nevada Ranks 2nd in December Foreclosures
KOLO-TV, ABC
A new report said Nevada had the second highest foreclosure rate in the nation in December, according to RealtyTrac.

01.17.2007
Colo. reclaims foreclosures title
Margaret Jackson, Denver Post Staff Writer
Colorado regained the nation's top foreclosure rate in December, despite a nearly 4 percent dip in foreclosures from the previous month, according to RealtyTrac.

01.17.2007
Foreclosures Down 9% Nationally in December
Payton Oldham, DSNews.com Staff Writer
RealtyTrac released today its December U.S. Foreclosure Market Report for 2006 showing that 109,652 properties across the nation entered some stage of foreclosure, nearly a nine percent decrease from November, but still a 35 percent hike from December 2005.

01.17.2007
Area Foreclosure Numbers Mixed
Tara Muck, Times Record Staff Writer
The number of foreclosures in Benton, Washington, Sebastian and Crawford counties rose in the fourth quarter of 2006, according to RealtyTrac, a company that tracks foreclosures nationally.

01.17.2007
Colorado Has Highest Foreclosure Rate
The Associated Press
Colorado had the highest rate of residential foreclosures in the nation in December, the ninth month the state held that position last year, according to RealtyTrac.

01.16.2007
Colorado back on top for foreclosures
The Denver Business Journal Staff
Colorado regained the top spot in a widely watched foreclosure rate survey, after being briefly bumped down to No. 2, according to data released Tuesday by RealtyTrac Inc.

01.16.2007
Colorado reclaims top foreclosure spot
John Rebchook, Rocky Mountain News
Colorado reclaimed the nation’s top spot for foreclosure rate in December, after briefly ceding the title to Nevada for one month, according to RealtyTrac.

01.15.2007
Kidwell opposes Suthers' real estate proposal
Jan Bushholz, Denver Business Journal Staff Writer
Bill Kidwell Jr., president-elect of the Colorado Association of Mortgage Brokers (CAMB), isn't keen on a proposal unveiled this week to impose tighter restrictions on the home-lending industry in the wake of the state's record-setting foreclosure rate.

01.14.2007
Hundreds of foreclosed metro-Detroit homes to be auctioned off
MARGARITA BAUZA, FREE PRESS BUSINESS WRITER
More than 300 foreclosed residential properties in metro Detroit will be auctioned off beginning Saturday, and potential buyers will have the assurance of clear titles.

01.10.2007
Foreclosures skyrocket
The Mountain Mail Staff
The number of filings for foreclosure in Chaffee County increased 57 percent from 2005 to 2006, representing one foreclosure for every 152 pieces of commercial and residential property.

01.08.2007
Suthers unveils mortgage fraud legislation
John Rebchook, Rocky Mountain News
Today, Attorney General John Suthers unveiled new legislation designed to target appraisal fraud and mortgage brokers who engage in deceptive trade practice.

01.04.2007
Area foreclosures head for auction
Doug Henze, The Oakland Press
Texas auction house Hudson & Marshall will put up for bid more than 300 foreclosed homes in metro Detroit, at two auctions this month. The company will hold the auctions at 1 p.m. on both Jan. 20 and Jan. 21 at the Hyatt Regency Dearborn.

01.09.2007
300 foreclosed Detroit homes go on the block
Doug Guthrie and Joe Menard, The Detroit News
In a sign of just how low Metro Detroit's economy has fallen, one of the nation's largest home foreclosure auction specialists will hold its biggest single-city sale Saturday.

01.03.2007
No reason for state economy to falter
Jay Hancock, The Baltimore Sun
Whether the country will suffer a recession this year is an open question. But the answer regarding Maryland is beyond dispute.

12.31.2006
A year in realty time
Diane Wedner, Ann Brenoff, Gayle Pollard-Terry, LA Times
The number of Southern California homeowners who fell behind on their mortgages through the third quarter of this year more than doubled to 18,516 from 7,080 in the same period last year, according to Rick Sharga, the vice president of marketing for RealtyTrac.

12.28.2006
Local foreclosures in Midland well below national levels
Colin Guy, Midland Reporter-Telegram Staff Writer
According to RealtyTrac, a California-based company that monitors foreclosure trends, the percentage of households in Midland in some stage of foreclosure has ranged from 0.07 percent during the first quarter of 2006.

12.26.2006
Homeowners' losses are others' gains
Aldo Svaldi and Greg Griffin, Denver Post Staff Writers
Profits from defaulted loans are soaring as lawyers, listing agents, property managers, investors and auctioneers get a piece of the pie.

12.24.2006
Foreclosures on rise here, throughout the country
Sherri C. Goodman, Birmingham News Staff Writer
In a cramped AmeriSuites hotel ballroom on an early December night, an auction company employee pounded out Michael Jackson's "Thriller" and Joe Jackson's "Stepping Out" to rev up bidders considering offers on 10 homes lost by owners.

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