Over the past couple of years various states in the United States of America are facing a surmounting foreclosure rate. The state of Florida is one amongst them. In fact the state of Florida leads in its foreclosure rate. Within the state of Florida there are several such areas where a large number of foreclosure [...]

Do you want to make hay while the sun shines? It is the best time to buy a house at dirt-cheap rates. One the one hand developers of new houses are slashing their prices and on the other one after other properties are coming under the hammer of foreclosures. While some regions are still untouched [...]

Mortgage defaulters who are facing foreclosures are waiting for help from Washington. The authorities however have taken a wait and watch stand to the fallout resulting in years of lending practice without being backed by sufficient credibility. The market is showing signs of self-recovery and the overall economy seems to remain untouched. At this point [...]

The foreclosure situation in Duval County, Florida, home of the city of Jacksonville continues to worsen, now with 1 in every 652 homes in some stage of foreclosure. The foreclosure rate seems to strangely fluctuate in Duval County, as it sank to a low of only 85 homes in foreclosure in September, falling from 1,009 [...]

With 95,862 homes in foreclosure during the third quarter of this year, Florida is now second in the nation in the amount of homes in foreclosure, and number one in the southeast region of the United States. However, it’s important to remember that this statistic shows merely the volume of foreclosure homes in the state, [...]

A new study shows home foreclosures in Oklahoma have jumped 45 percent in the last year. Oklahoma now has the 13th highest foreclosure rate in the nation. One out of every 476 homes in Tulsa County is under foreclosure, which is more than two-and-a-half times greater than the national average. Tulsa County’s ratio is the [...]