General Trend of Foreclosure in the United States

Posted in Foreclosure, August 31st, 2006 |

As home-price appreciation has tapered off and mortgage rates have risen, foreclosures have started to pick up.

A high rate of foreclosure has long been regarded by analysts and real estate investors as a signal of market distress.

In the past several years, foreclosures across the United States have been hovering around historically low levels, as home prices have risen nearly 50 percent in five years. This appreciation enabled troubled borrowers to sell their homes relatively easily to resolve mortgage difficulties.

But now the general trend across the United States is showing that