Sentences with phrase «high foreclosure activity»

The United States Department of Housing and Urban Development (HUD) has and is addressing the housing market's «shadow inventory» and to target relief to communities experiencing high foreclosure activity.

FHA hopes this waiver will encourage investors to renovate foreclosed and abandoned homes to increase the availability of affordable homes and stabilize communities that have seen high foreclosure activity.

Minneapolis, MN: In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, the Federal Housing Administration (FHA) will extend FHA's temporary waiver of the anti-flipping regulations.

Not exact matches

Foreclosure activity in the Cape Coral - Fort Myers, Fla., metro area decreased nearly 22 % from the previous six months and was down nearly 30 % from the first half of 2009, but the metro area still documented the nation's second highest metro foreclosure rate — 4.98 % of its housing units (one in 20) received a foreclosure filing during the six - month period.

If unemployment remains persistently high and foreclosure prevention efforts only delay the inevitable, then we could continue to see increased foreclosure activity and a corresponding weakness in home prices in many metro areas.»

In October, however, filings spiked 7 percent from the previous month, and the month - over-month activity was much higher in the housing markets of California, Nevada, Arizona, and Florida, where the downturn was sharpest, as well as in markets where the judicial process held up foreclosure sales.

In its report, Inman News scanned metro areas with populations over 150,000 to find where real estate sales volume is rising, job markets are growing, foreclosure activity is low, sales prices are appreciating, and home affordability is at high levels.

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.

Nine states posted 12 - month highs in foreclosure activity in November, including Florida, New Jersey, New York, Ohio and South Carolina.

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.

Despite a 66 percent drop in foreclosure activity compared to a year ago, Nevada documented the nation's third highest state foreclosure rate in May — one in every 313 housing units with a foreclosure filing.

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.

• Despite a 54 percent year - over-year decrease in foreclosure activity, Nevada posted the nation's second highest state foreclosure rate for the second month in a row in November.

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