Foreclosures Skyrocket in Kentucky:
"A national survey has ranked Kentucky 7th in mortgage foreclosures based on September data, according to the Kentucky Office of Financial Institutions. The Mortgage Bankers Association survey–which only includes data on foreclosures made due to loan nonpayment, not tax nonpayment–showed that 2.13 percent of the....." Foreclosures in Kentucky
Thursday, February 07, 2008
Vacant Home Insurance Vacant Homes
"Banks have moved to whittle away a rising pile of foreclosed houses. The lenders are more aggressive in their quest to unload the residences whose loans defaulted.
During November, 446 foreclosed homes were sold in the nine-county Bay Area. That's 11 percent of all the home resales in the region in that month, according to an analysis by the Times of sales data compiled by Dataquick Information Systems.
In the East Bay, 229 foreclosed homes were sold in November -- 16 percent of all the resales in that area.
Banks and other lenders now account for a sharply rising share of the homes being sold in the Bay Area and East Bay. A year ago, 1 percent of all home resales in the Bay Area involved a foreclosed house....." Vacant Home Insurance
During November, 446 foreclosed homes were sold in the nine-county Bay Area. That's 11 percent of all the home resales in the region in that month, according to an analysis by the Times of sales data compiled by Dataquick Information Systems.
In the East Bay, 229 foreclosed homes were sold in November -- 16 percent of all the resales in that area.
Banks and other lenders now account for a sharply rising share of the homes being sold in the Bay Area and East Bay. A year ago, 1 percent of all home resales in the Bay Area involved a foreclosed house....." Vacant Home Insurance
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