A Spike in Foreclosures is likely coming

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According to the report, foreclosures are likely to increase in coming quarters based on these numbers. And it wasn’t just Manhattan: each borough saw a significant spike, with Brooklyn coming in at 43%, Staten Island coming in at 43% and the Bronx coming in at 41%. Manhattan and Queens were both at 17%.

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with individual measures of on-going unemployment status, we are like.. shows a somewhat similar timing in the surge of foreclosures across.

According to Attom Data Solutions, the cause of the increase is not likely financial distress. The economy is humming in Florida, as in the rest of the nation. Instead, the spike in foreclosures was likely caused by last year’s hurricane season.

Home price gains bring sellers off the sidelines SAN DIEGO – Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured.

January’s spike in foreclosure starts is likely attributed more to seasonality than any type of pattern that may be forming, according to Black Knight’s SVP of Loan Data Products, Trey Barnes.

"It’s likely that we’re going to see a peak here in turns of foreclosure activity and bank. meaning that more global warming would be happening were it not being tamped down by air pollution-and that curbing emissions would be likely to cause a spike in short-term warming.

Foreclosure Activity in Massachusetts – Completed Foreclosures Spike. May 18, it is actually more likely a sign that the recent steady increase in completed foreclosures is starting to ramp up to follow the pattern seen in the petitions back about 18 months ago.. we are starting to see.

When is this new wave of foreclosures coming? Asked by Dodgerblu, Santa Ana, CA Tue Aug 11, 2009. My agent has been telling me that there is a wave of new foreclosures coming. Well its a been a while I still havent seen much.

Home foreclosures drop in June but spike likely. lynn adler. 4 Min Read. NEW YORK (Reuters) – U.S. home foreclosures fell in June after jumping to a 30-month peak in May, but default rates will.

The economic growth that started in 2009 and is the second-longest in U.S. history will likely end in 2020, they said.. a stock market correction and an unexpected spike in inflation. Meanwhile.