Wednesday, November 4, 2009

Your RealtyTrac November Newsletter

RealtyTrac (logo) Monthly Newsletter
November 2009  
Top Story of the Month
Which Top Metro Foreclosure Rate Is A Big Surprise? (image)
Which Top Metro Foreclosure Rate Is A Big Surprise?
A record-high 937,840 homes received a foreclosure filing in the third quarter, the highest quarterly total since tracking began in 2005. High-roller Las Vegas led the charge, and California, Florida, Nevada and Arizona accounted for all but one of the Top 20 metro foreclosure rates. But one city in the Top 20 was a surprise.
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More News from RealtyTrac
RealtyTrac News (graphic)
Four Ideas to Help Foreclosure Investors Resuscitate the Market
One simple idea to ease the foreclosure crisis is to expand the FHA's 203(k) loan program for investors. Another is to allow loans to be assumed. Two other ideas also involve easing archaic restrictions on investors.
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RealtyTrac News (graphic)
Mounting Job Losses Foreshadow More Foreclosure Deals, Risk
As unemployment rises, so does foreclosure activity. With U.S. unemployment at 9.8 percent and rising, more foreclosure deals are available for homebuyers and investors. Will foreclosure activity grow in your area? What mounting job losses mean for your investing strategy.
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