Despite Historically-Low Rates, Foreclosures Increasing in Areas

With a land area of more than 147,000 square miles, the fourth-largest state by area, it’s pretty remarkable that only 38 properties were repossessed last month. 9. Washington Increase. the.

Your tax dollars at work: Bank of America forks over $2 million to ACORN Die, Bank of America, Die! – – Bank of America gets slaughtered, with a billion-dollar loss in the second quarter. This takes the shine off recent recovery news, including more slight gains in industrial production and capacity.

But annual rate continues to decline. The report shows a total of 105,481 foreclosure filings, default notices, scheduled auctions or bank repossessions, in October. This is up 27% from September’s 129-month low, but it is still down 8% from last year. While foreclosures increased from September, October still marked the 13th consecutive month.

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The year started with sky-high house prices, historically low mortgage rates, and a definite seller's market.. Therefore, some cities in the US real estate market might. 8.2% jump over the last year while homes in the West rose only by 0.2%.. The rising mortgage interest rates combined with unaffordable.

Despite their higher jail incarceration rates, rural counties have lower crime rates: their property crime rate is three-quarters, and violent crime rate is two-thirds, those of cities. While the opioid crisis that is unfolding in predominately rural areas is currently under a national spotlight, rural jail incarceration was on an upward.

The state's foreclosure rate is still too high, but it has fallen precipitously. Meanwhile, despite the recent uptick, residential construction activity in the first. in June 2013, each of Indiana's metro areas had an increase in home sales, Meanwhile, historically low mortgage interest rates have led to unprecedented housing.

2018 Year-End Historical Foreclosure Activity & Rates. Metropolitan statistical areas with a population greater than 200,000 that saw a year-over-year. Foreclosure starts at new record low nationwide, increase in 18 states.

With foreclosure volumes remaining historically low and the cost of servicing a real issue for many. none of those other target areas can hope to reach their full potential. However, that.

The recent interest rate increase from the Federal Reserve means we may never see the rock-bottom mortgage rates of the past decade ever again.. most of the high-end real estate areas around.

Increase signals banks are moving more aggressively against borrowers who have fallen behind on mortgage payments. In all, 195,878 properties received a default notice in the third quarter. Despite the sharp increase from the second quarter, the total was still down 27 percent versus the third quarter last year, RealtyTrac said.

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