Foreclosure Filings Nearly Double

The prior record was 3.1 million filings last year, up from a more typical year when about 800,000 foreclosure actions would be made. The highest unemployment rate in nearly 26 years is the biggest.

His company now has nearly a million sales listings for bank-owned homes. Huge foreclosure inventory And. California had the highest total number of filings for any state, 523,624, more than double.

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South Florida’s tri-county region saw foreclosure filings spike in the first quarter of 2010, up nearly 110 percent year-over-year in Palm Beach County, 67 percent in Broward and 60 percent in Miami-D

U.S. foreclosure filings nearly doubled in October from the same month last year, the latest sign many homeowners are falling behind on mortgage payments and increasingly losing their homes, according.

billion between 2008 and 2010; the average family lost almost. double the number of foreclosure filings than in the beginning of 2007.

York County has seen the most dramatic increase, with foreclosures running nearly double the amount of the same period last year. County records show 994 foreclosures in the first six months of 2012,

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Foreclosures nearly double from year ago: report.. foreclosure filings rose in 77 of the largest 100 metropolitan areas from the prior quarter, according to the Irvine, California-based.

The number of foreclosure filings reported in the U.S. last month more than doubled. often have so-called teaser rates that can cause monthly payments to double at the end of two or three years, he.

. decreased by double-digit percentages from the previous month in both California and Florida, and the two states registered nearly identical foreclosure rates – one in every 187 housing units.

The company counted nearly 224,000 foreclosure filings nationwide last month, down 8 percent from August but nearly double a year earlier. Some properties might have received more than one notice if.

The state reported one foreclosure filing for every 377 households in January, equivalent to December’s rate. Michigan’s monthly foreclosure filings jumped nearly 70 percent in. Arizona and Nevada.

Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came.

“Averaging over 900 days from the date of filing to sale – nearly double the national average – the foreclosure process is not only unacceptably protracted, but also unquestionably damaging for New.

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