Foreclosure Filings Nearly Double

Foreclosure Filings Nearly Double

No doubt some suburbs are still seeing relatively small numbers of foreclosures — but the percentage increases may be in the double digits. number of suburban filings during the first six months.

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Foreclosure filings in US nearly doubled last month compared with September 2006, as homeowners already behind on mortgage payments defaulted or came closer to losing their homes.

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A new report shows that foreclosure filings in Massachusetts continue to escalate at a record-setting pace, reaching a new high in February.. Bay State Foreclosures Nearly Double in February.

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Having tracked foreclosure listings for over a decade, PropertyShark is. The number of cases has actually almost doubled in just 2 years as.

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,

Last year, filings reached record levels when lenders caught up on a backlog of filings after delays caused by new notice requirements introduced in California Senate Bill 1137. Foreclosure Filings Foreclosure Sales Nearly Double from Prior Year Despite Jump in Sales, Foreclosure Delays Remain at Record Levels

up 63.5 percent from January and nearly double the number a year earlier. nationally, foreclosure filings fell in February, down 4 percent from January. They were, however, up 12 percent from February.

That was nearly four times higher than a year ago.. Foreclosure filings jumped to a total of 86,465, up more than 50 percent from the previous quarter and nearly doubling from last year.

LOS ANGELES — 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 closer to losing their homes to foreclosure, a real estate information company said Thursday.

Stockton, Calif., had the worst rate, with one in every 25 homes in the town receiving a foreclosure filing. That’s nearly seven times the national average. RealtyTrac monitors default notices,

“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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