Summary Box: Foreclosures break record for 9th straight quarter, hit 14 percent nationwide
Summary Box: Foreclosures surge FORECLOSURES RISE: The Mortgage Bankers Association reported that 14 percent of homeowners with a mortgage were either behind on payments or in foreclosure at the end of September. That was a record-high figure for the ninth straight quarter. Firm: Median home price in California rises in October from September
Firm: Calif median home price rises in month Colorado foreclosures hit record in third quarter
Colorado foreclosures hit record in Q3 DENVER — Colorado had a record-high number of new foreclosures in the third quarter, when new filings hit 12,468. Foreclosures in Massachusetts soar nearly 30 percent in October from previous month
Foreclosures in Massachusetts increase in October Delinquencies and foreclosures set 9th straight record in 3rd quarter as layoffs keep rising
Foreclosures hitting more people with prime loans Project to freeze vacant Detroit home to highlight foreclosure crisis moves forward, expands
Plans to encase Detroit home in ice move forward Study: Hawaii foreclosure filings remain high
Hawaii foreclosure filings remain high HONOLULU — A real estate research firm reports there were 925 foreclosure filings in Hawaii in October as distressed homeowners continued to deal with layoffs, furloughs and wage cuts. Foreclosures back off in October for 3rd straight month, but unemployment could derail trend
Foreclosures dip 3 pct. in October from September Pew report says 9 states face budget deficits, economic challenges similar to California’s
Report: 10 states face looming budget disasters Federal judge dismisses lawsuit that sought to block home mortgage foreclosures in Minnesota
Lawsuit to block foreclosures in Minn. dismissed Fannie Mae to allow troubled borrowers to hand over deeds to homes and then rent
Fannie Mae offers borrowers option to foreclosure Fannie Mae to allow troubled borrowers to hand over deeds to homes, let former owners rent
Fannie Mae to rent out homes instead foreclosing Correction: Pennsylvania Foreclosures story
Correction: Pennsylvania Foreclosures story Pa.’s highest foreclosure rates in Warren, Reading, Philly areas; state still below US rate
Warren, Reading, Philly tops in Pa. foreclosures September new home sales post surprise drop as benefit of first-time buyer tax credit wanes
New home sales fall a surprising 3.6 percent New home sales forecast to rise for sixth-straight month in September spurred by tax credit
New home sales expected to rise 2.6 pct WASHINGTON — Sales of new homes are expected to post their sixth consecutive monthly gain as builders reap the benefits of a tax credit for first-time owners that expires at the end of next month. Maryland governor exploring legislation to require mediation before foreclosure
Md. gov mulling foreclosure mediation legislation Housing freeze: Project to encase vacant Detroit home in ice to highlight foreclosure crisis
Artists plan to encase vacant Detroit home in ice September home sales up 9.4 percent, beating expectations as tax credit spurs salesWASHINGTON — Racing to complete their purchases before a tax credit for first-time owners expires, homebuyers pushed sales up last month by the largest amount in more than 26 years. Home foreclosures in Massachusetts during 3rd quarter down nearly 30 percent from last yearBOSTON — Fewer Massachusetts residents lost their homes to foreclosure during the third quarter in 2009 than in the same period a year ago. Foreclosures keep soaring as unemployment remains main cause of housing woesWASHINGTON — The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs. Mortgage Bankers Assn. sees foreclosures, unemployment peaking in 2010, home sales up 11 pctSAN DIEGO — Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday. Census director: Foreclosures will add challenges, costs to next year’s decennial censusLOS ANGELES — Foreclosures will make it tougher and more expensive to get an accurate census count next year as families move in with relatives or are left homeless, the Census Bureau’s director said Tuesday. Watchdog warns that loan relief needs improvements while Treasury says plan hits goal earlyWASHINGTON — The Obama administration’s effort to help homeowners avoid foreclosure may not achieve its goal of helping 3 million to 4 million borrowers and may simply delay mortgage defaults for many, a government watchdog group says. California Realtors see dip in home sales next year, but rising pricesLOS ANGELES — Home sales in California are expected to dip next year, bucking the national trend, as unemployment and the loss of a tax incentive for homebuyers weigh on the country’s largest housing market, a forecast Wednesday showed. Signs of fitful recovery emerge in some areas, AP stress map shows, but gains may be fleetingWASHINGTON — Signs of a slow and fitful recovery emerged in August in some communities across the country where unemployment dropped and foreclosures stabilized, according to The Associated Press’ monthly analysis of economic stress in more than 3,100 U.S. counties. An explanation of how the AP mapped the economic meltdown at the county levelThe Associated Press Economic Stress Index combines three economic indicators — unemployment, foreclosures and bankruptcy — as a way of gauging how the recession has affected each of America’s 3,141 counties. S&P index shows home prices post third-straight monthly gain in JulyNEW YORK — Home prices rose for the third month in a row in July, new data Tuesday showed, more proof a fragile housing recover is underway. US home resales take dip in August, ending 4-month winning streakWASHINGTON — Four steps forward, one step back. US home resales down 2.7 percent in August, ending four-month winning streakWASHINGTON — Home resales dipped unexpectedly last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile. |