Home Must Reads Foreclosure filings fall to lowest level since 2007

Foreclosure filings fall to lowest level since 2007

| Print |  Email
Must Reads
Friday, January 13, 2012

Foreclosure filings fell 34% nationwide in 2011, to their lowest level since 2007.

 

RealtyTrac, a California-based foreclosure listings website, said nearly 1.9 million homes saw a foreclosure filing last year. That amounts to 1.45 percent of all U.S. homes, or one in 69 housing units.
But RealtyTrac and other foreclosure monitors believe banks have resumed many of the delayed foreclosure proceedings, and that 2012 may bring another spike in foreclosure activity. 
In Oregon, 22,492 homes -- 1.37 percent -- saw a foreclosure notice. That's a 39.1 percent decline from 2010. The state's worst foreclosure rates were in Deschutes, Crook, Jackson, Clackamas and Jefferson counties.

Read more at OregonLive.com.

{biztweet}foreclosure{/biztweet}

 

 

More Articles

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS