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According to the report, foreclosures in the Big Apple are likely to increase in the coming quarters based on these numbers. In fact, each borough saw significant spikes, in this trend with the.
· Next wave of foreclosures coming as new home sales up 6.2% By Jason Lucchesi. adding to already bloated foreclosure inventories and driving prices down further. New Homes sales up 6.2%. This is likely something of a blip, since home shoppers in October were acting before lawmakers decided to extend a tax credit for first-time buyers and.
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Growing expectations for the Federal Reserve to deliver further interest rate cuts later this year and for the European.
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Foreclosure rate spikes as homes come to market.. Foreclosure rates are up about 9 percent from last year, it is likely that these new homes, about 200,000 in all so far, will cause home.
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Carter-Griffen said she previously owned a five bedroom house, but lost it to foreclosure. Carter-Griffen. plans to.
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But that’ll likely change if Michigan’s prices rise soon, as expected. – Patrick DeHaan (@GasBuddyGuy) June 17, 2019 The analyst adds that there should be some sign as to when the spike in prices.
· By David Dayen. But these numbers are likely to reverse next year, with foreclosures spiking again. And it has nothing to do with recent-vintage loans, which actually have performed as well as any in decades. Instead, a series of temporary relief measures and legacy issues from the crisis will begin to bite in 2015,