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Foreclosure Activity Resumes Climb in California: Report

Jobless claims fall but spike in energy sector claims signals problems U.S. Jobless Claims Fall by 5,000 to 240,000. Claims have fallen three of the past four weeks and are hovering near four-decade lows. Aug. 3, 2017 8:34 a.m. WASHINGTON-The number of Americans filing for unemployment benefits fell last week, suggesting the labor market’s steady expansion has room to run.

Foreclosures up in 75 percent of top U.S. metro areas. Cities with the 20 highest foreclosure rates were all in Florida, California, Nevada and Arizona. As long as unemployment hovers near 10 percent and unrelenting foreclosures hang over the market, prices cannot stage a lasting comeback.

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 · After an across the board drop in California’s foreclosure activity in January, Notices of Default, Sales at Auction and negative equity at foreclosure surged.

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Calculated RiskHousing Wire: Foreclosure Activity Resumes Climb in California: Report (Foreclosure) 101137(.

Orlando posted the highest foreclosure rate of large metro US cities in the third quarter Based on RealtyTrac’s latest U.S. Foreclosure Market Report for September 2014, and the third quarter of 2014, foreclosure filings were reported on 317,171 U.S. properties in the third quarter, down 16 percent.

Foreclosure rates continue to climb in state, U.S. Washington homeowners last month entered foreclosure at a higher rate than the national average, but the state still ranked 27th in the.

Survey Finds Short Sales Outnumber REO in January Purchases Latest HouseHunt Survey Finds Evidence That U.S. Housing Market Has Bottomed. years and in some cases are actually appreciating despite the drag of foreclosures, short sales, job uncertainties.

The number of San Diego County homeowners in some stage of foreclosure grew in the month of December by a ferocious pace, closing 2007 in record territory. Trustee deeds rose to 1,285 in December, an approximately 140 percent increase, compared to November, which saw unexpected declines in foreclosure activity. The deeds, a measure of the number of homes that were transfered from the original owner to a mortgage lender or third party, were up more than 300 percent from December 2006.

The C.A.R. report for 2008, released on Dec 16, indicates that approximately 20% of all home sales in California are due to foreclosure, short sale, or default. Following two years of sharp decline in prices, sales of investment residential and residential properties saw increases around the State, in some areas exceeding the 20% increase over.

Foreclosure Activity Up Sharply in Northern California California Foreclosure Report for May 2009. Foreclosures sales jumped 31.9 percent in May, following a 35 percent increase the prior month. Notices of Trustee Sale, which set the auction date and time, also rose a significant 42 percent from April, indicating that foreclosure sales are likely to continue to rise in the weeks and months ahead.

Find Comerica news releases by category: All, Banking Centers, Community/Other News, Corporate Governance, Economic, Financial Comerica Bank’s California Economic Activity Index grew in November, increasing 1.0 percentage point to a level of 120.6.

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