Sentences with phrase «percentage of foreclosures»

States with the highest percentage of foreclosures with equity included Oklahoma (54 percent), Hawaii (51 percent), New York (47 percent), and Texas (46 percent).
Distressed sales: The percentage of foreclosures and short sales declined to the lowest share since NAR began tracking it in October 2008.
Markets likely to see the highest influx of boomerang buyers are those that had a high percentage of foreclosures AND have remained affordable.
We're seeing a rising percentage of foreclosures with an estimated market value of more than $ 750,000.»
The estimates of the percentage of foreclosures this program will prevent seem wildly optimistic, but even helping a couple hundred thousand homeowners is still positive.
Six other California metro areas were in the top 10 in terms of percentage of foreclosure - related sales: Stockton (53 percent); Riverside - San Bernardino - Ontario (47 percent), Sacramento (40 percent), Bakersfield (39 percent), Oxnard - Thousand Oaks - Ventura (36 percent), and Los Angeles - Long Beach - Santa Ana (34 percent).
Metro areas outside of California with percentage of foreclosure - related sales ranking among the top 10 were Atlanta (41 percent), Tucson, Ariz., (40 percent), and Phoenix (34 percent).

Not exact matches

The states voting and holding caucuses saw half as many foreclosure sales — as a percentage of all sales — between 2008 and 2012 than states not holding contests, according to a new report from Trulia, a real estate company owned by Zillow Group.
We measured stability with two equally weighted indicators: the number of years people remain in their homes and the percentage of homeowners with negative equity (as homeowners with negative equity are more likely to go into foreclosure).
What critics do not explain or do not know about are FHA «cure rates;» that is, the percentage of delinquent loans which are saved from foreclosure.
The serious delinquency rate, the percentage of loans 90 or more days past due or in the foreclosure process, also fell to 7.73 percent.
«Another significant factor in the increased level of foreclosure activity is that the number of REO filings (bank repossessions) is increasing dramatically, which means that a greater percentage of homes entering foreclosure are going back to the banks.»
«With some of the largest numbers of foreclosures and sharpest drops in home values during the housing bust, the city of Phoenix tops the list of cities with the biggest percentage increase in single - family rentals.
Those loans more than 28,000 represented more than 2.6 % of loans in the state and set a record for percentage of home mortgages in jeopardy of foreclosure.
So long as there are a large number of homes in a negative equity on sale position, a certain percentage will keep sliding into foreclosure when negative life events hit.
This would allow the underlying mortgages to be restructured - ideally writing them down to a similar percentage of face - reducing their foreclosure risk, and increasing the likelihood that public funds will be recovered.
All three of these communities are low - income in comparison to the rest of the Twin Cities, with many residents born outside of the United States, high rates of foreclosures, and youth comprising the highest percentage of the population.
This is the case whether the agreement is with the clients themselves or with a third - party outsourcer through which a large percentage of institutional foreclosure business is channeled.
As of the end of 2015, 49.7 percent of all homes in foreclosure had some equity, the highest percentage since RealtyTrac began tracking in Q3 2013.
During the housing crisis, Generation X made up the largest percentage of households in foreclosure — particularly the well - educated and affluent members of this generation, according to a study by the Federal Reserve Bank of St. Louis, «The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching?»
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Bank owned foreclosures as a percentage of sales are declining substantially.
There was also a 0.2 percentage point decline in the share of mortgages in some stage of the foreclosure process.
Florida also had the highest foreclosure inventory as a percentage of all mortgaged homes with 7.1 % followed by New Jersey (6.7 percent), New York (4.9 percent), Maine (3.8 percent) and Connecticut (3.7 percent).
«When markets are balanced, we normally see prices rise one to two percentage points above the rate of inflation, but foreclosures and short sales are holding back median prices.»
Foreclosures, as a percentage of total home sales, were 20.2 percent in January, down from 26.9 percent a year ago.
«Based on the rise in pre-foreclosure sales we've seen so far this year, a higher percentage of these new foreclosure starts will likely end up as short sales or auction sales to third parties rather than bank repossessions going forward.
The highest foreclosure inventories as a percentage of all mortgaged homes were in New Jersey (5.5 percent), Florida (4.1 percent), and New York (4.1 percent).
Four of the 29 homes that sold in the first quarter were short sales, and four were foreclosures, so the percentages in each case were 13.8 %.
Among metros with a population of more than 200,000, 117 metro areas had a higher percentage of owner - vacated foreclosures than the national average of 18 percent, including Las Vegas, Nev. (33 percent), Tampa (28 percent), Palm Bay - Melbourne - Titusville, Fla. (28 percent), Rochester, N.Y. (27 percent), Lakeland, Fla. (27 percent), and Baltimore (25 percent).
We measured stability with two equally weighted indicators: the number of years people remain in their homes and the percentage of homeowners with negative equity (as homeowners with negative equity are more likely to go into foreclosure).
In fact, Rhode Island ranks as the best state for first - time homebuyers because it has a high percentage of first - time homebuyers and a low foreclosure rate.
So the last thing China has to worry about is a foreclosure crisis like the US saw with high percentages of homes in negative equity.
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