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Home Foreclosures in 2010 Top 1 Million for First Time

Home foreclosures hit an all-time high in 2010, according to the latest report from RealtyTrac. Together these five states accounted for nearly 1.5 million properties in foreclosure..

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Number of foreclosures soared in 2007. About 1.3 million homes received foreclosure-related warnings last year, up from 717,522 in 2006, Irvine-based RealtyTrac Inc. said. Foreclosure filings.

This federal program was implemented to prevent foreclosures by stimulating home purchase activity and stabilizing neighborhoods in certain counties that demonstrated high levels on housing market distress. HHF-DPA provides up to $15,000 in down payment and closing cost assistance to eligible first-time homebuyers and is forgivable over five years.

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Foreclosure Filings on Track to Hit 3 Million Homes. Repos Expected to Reach 1 Million in 2010. of 2010 there were foreclosure filings on 895,521 properties, down from 932,234 in the first.

We provide nationwide foreclosure listings of pre foreclosures, foreclosed homes , short sales, bank owned homes and sheriff sales. Over 1 million foreclosure homes for sale updated daily. Founded in 1998.

A man places a bank owned sign on top of a for sale sign in front of a foreclosed home on in Miami, Florida, back in 2011. Nearly 7.8 million homes went into foreclosure between. Fargo foreclosed.

In addition to the millions of borrowers who have already lost their homes, about 5.7 million are at risk of foreclosure, the report said. About 494,930 blacks and 731,660 Latinos are at imminent.

Record 3 million households hit with foreclosure in 2009. Indiana foreclosures fell by 9.9%, Ohio by 10.5% and Rhode Island by 23.6%. California, by far the most heavily populated in the union, posted the most filings with 632,573, up 20.8% from 2008. Golden State cities have also recorded some of the steepest declines in home prices, with values falling 50% or more in some Central Valley cities.