On stop foreclosure florida: U.s. Real Estate Foreclosures Increase NationwideBy Real Estate Advisor Foreclosures continue to rise across America. According to the latest annual report of http://Foreclosures.com, the number of foreclosures filed nationwide in 2006 had increased by 51 percent from the previous year, with filings nearly topping one million. When compared to 641,000 filings made in 2005 nationwide, almost 971,000 filings were reported last year. Among the States, California reported the highest number of filings in 2006 with 157,417 foreclosures filed, which is an increase by 94 percent from the year before. California is followed by Florida with 120,989 filings. Nevada struggled with the largest percentage increase in foreclosures in 2006 of 175 percent. The Northeast region reported 96,101 foreclosures in 2006, an increase of 64.6 percent from 58,394 foreclosures filed in 2005. Still, a few states in the region, such as Maryland and Delaware, saw a decrease in filings. Foreclosure filings in the Midwest region of the nation went up beyond 70 percent with many states including Illinois, Michigan, Missouri and Nebraska facing increases of 80 to 96 ______continued. Interesting article on stop foreclosure florida: Tips To Real Estate Foreclosure Investing The Southwest region was the most affected with one out of every 2.2 foreclosures in the country taking place there. The region closed the books for 2006 with an increase of 37 percent from 162,259 foreclosures in 2005 to 220,189 foreclosures. filings in Colorado increased by 55.4 percent, while foreclosures in Texas increased by 35.2 percent. Although the region struggled with the high rates, the figures are not all bleak for the region with a few states showing a decrease in filings. Louisiana, New Mexico, Oklahoma and Oregon reported fewer filings in 2006 when compared to 2005. These states have particularly reported a drop in filings in the last quarter of 2006. Although the reports are not very cheerful, Alexis McGee, president of http://Foreclosures.com anticipates the housing market to improve soon. Overextended homeowners, who have been struggling to keep up with heavy debt loads, rising interest rates and property taxes, can soon look forward to some relief as home inventories come down and the market start looking up again. McGee also adds that the current housing market may be the best opportunity for home buyers in the next six years. San Diego CondosPoint Loma HomesPoway Homes Another decent article on stop foreclosure florida: What Is A Bank Foreclosure And What To Do About It? Off-site
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