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 Foreclosure Activity Up 30% in Third QuarterA total of 635,159 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 446,726 properties nationwide during the third quarter of 2007, a 30 percent increase from the previous quarter and an increase of nearly 100 percent from the third quarter of 2006, according to the RealtyTrac U.S. Foreclosure Market Report. “August and September were the two highest monthly foreclosure filing totals we’ve seen since we began issuing our report in January 2005,” said James J. Saccacio, chief executive officer of RealtyTrac. VIEW FULL STORY | ||
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7 Bargain Retirement RetreatsAs America’s baby boomer generation continues to approach the retirement phase of their lives, many will be starting to consider where they might want to move. See the Bargain Retirement Retreats based on NeighborhoodScout’s recent list of “The 10 Best, Affordable Places to Retire in America.” VIEW FULL STORY  Fires Versus Foreclosures: Should There Be A Difference?The fires which impacted much of California in late October were terrible to watch. Nearly 900,000 people were asked to leave their homes, evidence of a Katrina-like disaster. Loan modifications are just about impossible, say lenders — except when there’s a fire, flood or tornado. VIEW FULL STORY Are Mortgage Application Numbers On Target?It’s hardly a secret that the real estate marketplace has cooled. Newspapers, the stock market, blogs, foreclosed homeowners, the Federal Reserve and lots of bankrupted lenders can tell you that much has changed during the past year. VIEW FULL STORY MORE ARTICLES |
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