Sentences with phrase «high foreclosure rates»

Despite property depreciation and high foreclosure rates, more county governments nationwide are either planning or have already approved property tax hikes this year.

This puts Delaware among the top five states in the nation in terms of high foreclosure rates.

Over on my Sacramento Blog, I've been discussing how Sacramento County real estate sales are starting to heat up in a big way, fueled by high foreclosure rates and huge year - on - year price reductions.

The worry is that high foreclosure rates and a still struggling economy will make investors demand a bigger spread than «normal», since mortgages carry far greater risk in the current market.

Researchers found that white households were significantly more likely to leave areas with high foreclosure rates, while black and Latino families entered these neighborhoods out of necessity or to seek newly affordable housing options.

The result has been high foreclosure rates, phenomenal unemployment and nationally high crime rates.

FHA lenders have been pushed to the limit with loan defaults and high foreclosure rates.

Recently, back in the month of November of 2010, we talked to one major property management company in Ohio that rents out luxury apartments and they said because of the economic downturn and high foreclosure rates, they wouldn't be able to rent out many apartments if they rejected applicants with bad credit.

Even with high foreclosure rates over the last several years, more than $ 1 trillion of consumer debt — 9 percent — is still delinquent.

High foreclosure rates have a lot to do with it.

Commissioner Stevens asserts that writing down mortgage loans to reflect current home values is important for boosting US housing markets; as long as high foreclosure rates and large numbers of bank - owned foreclosed properties are available, housing markets aren't likely to improve.

In 2012, the city filed for bankruptcy and had the nation's highest foreclosure rate at more than four times the US average, according to RealtyTrac.

Nevada has the highest foreclosure rate, with 0.7 percent of consumers receiving a new foreclosure notation on their credit report during the second quarter of 2010; Arizona is the next - highest, with 0.6 percent of consumers with new foreclosure notations;

New Jersey, Maryland, and Delaware had the highest foreclosure rates in the nation in 2017.

Florida tops all the worst economy lists with a 10 % unemployment rate and the highest foreclosure rate in the country.

Nevada has one of the highest foreclosure rates in the country.

These states also have among the highest foreclosure rates in the country.

Florida posted the nation's highest foreclosure rate in October for the second consecutive month, but filings in Broward County declined from a year ago.One in every 312 homes in the Sunshine State was in some stage of foreclosure last month, according to...

Unfortunately, the lower scores of African Americans and Latinos are not a surprise, both because of the legacy of discrimination and because these groups have been disproportionately affected by predatory credit practices such as the marketing of subprime mortgages, overpriced auto loans as well as higher foreclosure rates, all of which damage their credit history.

For one thing, these groups are already disproportionately affected by predatory credit practices, such as the marketing of subprime mortgages and overpriced auto loans targeted at these populations.11 As a result, these groups have suffered higher foreclosure rates.12 African Americans and Latinos also suffer from disparities in health outcomes, and as discussed in Section IV of this testimony, health care bills are another source of black marks on credit reports.

We have the highest foreclosure rate in the state of Maryland,» explains Lincoln.

The state also has some of the highest foreclosure rates in the United States.

«Most of the cities with the highest foreclosure rates have above - average unemployment rates and below - average home price appreciation, says James Saccacio, RealtyTrac CEO.

Indianapolis, Atlanta, and Dallas have the highest foreclosure rates among the country's largest 100 metropolitan areas, a RealtyTrac survey finds.

Both areas seem to have a high foreclosure rate.

The study also found these trends among those with the highest foreclosure rates during the housing crisis:

The areas experiencing the highest foreclosure rates tend to be judicial states, which are prone to delays in the foreclosure process.

Yesterday, Florida's foreclosure situation hit the national news again, as NPR picked up WUSF reporter Robin Sussingham's story, «Foreclosure Process Hammers Florida's Housing Market,» where the impact of Florida's judical process — and our state's judicial foreclosure system — is considered as a contributing factor to Florida having the highest foreclosure rate in the nation, -LSB-...]

Numbers for 2012 have not yet been released, but indications show it accelerated, particularly in areas with the highest foreclosure rates.

In recent years many lenders have disallowed seller paid closing costs on 100 percent financed home loans because of the high foreclosure rate.

In 2010 Maryland had the 15th highest foreclosure rate in the United States and if not for the foreclosure moratorium that put a temporary stop on many foreclosures, Maryland would have surpassed its 2009 total.

Florida had the highest foreclosure rate in the country in October 2013, followed by Nevada, Maryland, Ohio and Illinois.

Florida foreclosure activity in the first half of 2015 decreased 22 percent from a year ago, but the state still posted the nation's highest foreclosure rate: 1.06 percent of housing units (one in every 95) with a foreclosure filing during the six - month period.

In regards to Nevada's housing market, the state had the highest foreclosure rate from 2007 to 2012, according to RealtyTrac data.

Not so good: April 2013 and March 2013 both saw Florida with the 2nd highest foreclosure rate in the United States.

After dropping to a 53 - month low in April, Arizona foreclosure activity bounced 24 percent higher in May, helping the state document the nation's second highest foreclosure rate for the month — one in every 305 housing units with a foreclosure filing.

With one in every 224 housing units with a foreclosure filing, Atlanta posted the second highest foreclosure rate among the 20 largest metro areas, and with one in every 245 housing units with a foreclosure filing, Phoenix posted the third highest foreclosure rate.

Georgia foreclosure activity in May increased 33 percent from the previous month and 30 percent from a year ago, helping the state post the nation's highest foreclosure rate for the month — one in every 300 housing units with a foreclosure filing.

Georgia's foreclosure rate leapfrogged the foreclosure rates in Arizona, Florida, California and Nevada, all of which posted higher foreclosure rates than Georgia in the previous month.

Not surprisingly, states with the highest foreclosure rates — such as Georgia, Colorado and Ohio — have an exceptionally high number of complaints for companies offering foreclosure rescue.

As of June 2017, Florida had the fifth - highest foreclosure rate.

By 2011, Flint would have the ninth highest foreclosure rate in the country.

Not exact matches

The foreclosure rate, along with high unemployment rates and violent crime, helped Stockton land a spot on Forbes» ranking of miserable cities.

If the only change on the horizon is higher interest rates, personal bankruptcies and foreclosures will go up.

Arizona, California, Florida and Nevada all show markedly higher delinquency and foreclosure rates than average;

While the report does say that higher mortgage rates could cool things off later this year or early next year, it adds that «a flood of foreclosures, and subsequent sharp supply increases, is simply not in the cards.»

Similarly, lower - tranche mortgage securities and CDOs (and increasingly the higher - rated ones) are facing disappointments in their payment streams due to mortgage foreclosures, while potential buyers of these securities require much higher risk premiums as compensation, which we observe as still lower prices for that mortgage debt.

The «Big Tax Bellone» site calls him «King of Patronage,» shows a picture of him wearing a crown and says foreclosures and unemployment rates are high in Babylon.

«The banks by and large have been very rigid and not very forthcoming in utilizing the mortgage modification program, and it's keeping the rate of foreclosures high, especially in our community.»

The price of the house is so low due to the high rate of foreclosures in the area, that they can't resist the offer.