Posts from December 11th, 2008
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 48 Posts
- 2025 | 75 Posts
- 2024 | 70 Posts
- 2023 | 27 Posts
- 2022 | 49 Posts
- 2021 | 74 Posts
- 2020 | 267 Posts
- 2019 | 243 Posts
- 2018 | 217 Posts
- 2017 | 73 Posts
- 2016 | 35 Posts
- 2015 | 112 Posts
- 2014 | 52 Posts
- 2013 | 59 Posts
- 2012 | 60 Posts
- 2011 | 39 Posts
- 2010 | 174 Posts
- 2009 | 385 Posts
- 2008 | 559 Posts
- 2007 | 250 Posts
- 2006 | 241 Posts
- 2005 | 171 Posts
- 2004 | 226 Posts
- 2003 | 177 Posts
- 2002 | 134 Posts
- 2001 | 112 Posts
- 2000 | 48 Posts
11
Rising Loan Delinquencies Push Foreclosure Rate Higher - The Morning News in Northwest, Arkansas
Last updated Thursday, December 11, 2008 3:02 PM CST in Business
By Kim Souza
THE MORNING NEWS
SPRINGDALE -- One in 488 American households were in the midst of foreclosure last month, and another one in 10 were at least 30 days behind on their mortgage, according to a report released Wednesday by Realtytrac.
The report indicated 259,085 U.S. properties were in default, up 28 percent from a year ago. But market watchers say the worst may not be over as more and more Americans lose their jobs amid the weakest economy in three decades.
"Delinquencies on loans not yet in foreclosure jumped nearly 7 percent in the third quarter, a record high according to the Mortgage Bankers Association," said James Saccacio, CEO of Realtytrac.
He said more than half of the homeowners who received loan modifications to reduce monthly...
11
"Internet Open House" from the Jackson, MS Clarion Ledger - clarionledger.com Mississippi's #1 website
jeff.ayres@jackson.gannett.com
December 11, 2008
To comment on this story, call Jeff Ayres at (601) 961-7050
People shopping for homes can get a closer look at their potential purchase in minutes with a click of a mouse. Real estate firms have taken advantage of technology allowing buyers to take virtual tours of some homes.
"We have a lot of clients who move from out of town and say, 'I've got two or three days to look,' " said Sheri Bryan, managing broker at Crye-Leike Realty in Ridgeland. "If you don't have pictures or a virtual (listing) of a home, they won't buy a home."
Some virtual tours provide images that allow potential buyers to zoom in and out providing a greater sense of a room's dim...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
Download Our Mobile App
