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Mid-year: A total of 801,359 properties received foreclosure notices during the first half of the year, a 19 percent decrease over the previous six months, and 23 percent down from the same period in 2012. 0.61 percent of all households were in some stage of foreclosure during the first half of 2013. [107]
In 2010, there was a 14% increase in the number of homes receiving a default notice between July and September. In that year one in every 45 homes received a foreclosure filing and the problem has become more widespread with the increasing rates of unemployment across the nation.
As of January 2009 California, Michigan, Ohio and Florida were the states with the highest foreclosure rates. By July 2008, year-to-date prices had declined in 24 of 25 U.S. metropolitan areas, with California and the southwest experiencing the greatest price falls.
March 25, 2024 at 2:17 PM ... borrowers whose homes have been foreclosed must undergo a waiting period before another institution will lend them money for a new ... (3–7 years) – After a ...
By Les Christie NEW YORK (CNNMoney) -- Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight. Among the ...
Joe Raedle/Getty Images By Elvina Nawaguna WASHINGTON -- Foreclosure activity across the United States declined last month to the lowest level since July 2006, as banks reclaimed fewer homes ...
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