The growth in demand for new housing has been complemented by lower foreclosure rates.
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It later improved, but Nevada still has the highest unemployment and foreclosure rates in the country.
For example, in early 2008, foreclosure rates in military communities increased at four times the national average.
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With the housing market in free fall and foreclosure rates spiking, those bonds have tumbled dramatically.
Consumers buckled beneath underwater mortgages and foreclosure rates and unemployment rates seemed to accelerate month by month.
Those foreclosure rates, keeping home prices depressed, are conspiring to slow, and even stall, any sort of economic recovery.
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With foreclosure rates among the highest in the country, The Sunshine State seems like a place for bargain living.
Professor Cathy Lesser Mansfield of Drake University Law School has studied default and foreclosure rates in the subprime mortgage industry.
But surveys that track foreclosure rates find that's no longer the case.
Housing prices here have fallen 20 percent in the past year, and you've got one of the highest foreclosure rates in the nation.
High foreclosure rates and a weak labor market, coupled with inherent real estate market weakness, will remain a drag on economic growth going forward.
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Yet the foreclosure crisis has by and large bypassed Iowa and New Hampshire, both of which have foreclosure rates substantially below the national average.
Continued signs of general economic recovery would certainly prove beneficial to the housing market as jobs are created, foreclosure rates slow, and confidence is restored.
Click here to see eight metro areas with above-average foreclosure rates.
Click here to see four metro areas with fast-growing foreclosure rates.
However, for the most part, places like the Dakotas and Texas enjoy relatively low unemployment and foreclosure rates, making them relatively good places for cultivating new customers.
Clear Capital broke their list down taking into account major economic factors like unemployment rates, foreclosure rates and the size of Real Estate Owned (A.K.A. bank-owned) inventory.
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Chicago residents must endure long commutes (31 minutes on average), plummeting home prices (37% the past five years), brutal winters and high foreclosure rates (3.3% of homes in 2012 says RealtyTrac).
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The local markets are floundering around at 10 to 20 year price lows (depending on the market) with an abundance of empty properties (18.4 million vacant homes, reported CNBC earlier this week) and more record-breaking foreclosure rates on the 2011 horizon.
However, some states have delinquency and foreclosure rates that are out of line with price declines: Florida, New Jersey, New York, Illinois and other states where foreclosures must go through the courts have more homes stuck in foreclosure than states with similar price drops, boosting their misery index scores.
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As a group, Hispanics have suffered some of the highest unemployment, foreclosure and poverty rates.
Foreclosure and delinquency rates are at a record high this year.
But, briefly, Senator Clinton, your proposal calls for a five- year moratorium on interest rates, 90-day moratorium on foreclosure, five year keeping those interest rates the same.
They believe that 2013 will actually start to get back to more level rates of foreclosure activity.
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High rates of foreclosure in bubble states have freed workers to leave for more promising markets, including the once too-expensive cities from which such migrants previously fled.
The plan announced Thursday was put together by the HOPE NOW alliance, a private sector group formed with the administration's help to come up with a market-based solution to help protect nearly 2 million subprime mortgage borrowers from foreclosure, as their rates are scheduled to reset in 2008 and 2009.
The bad news, though, is that foreclosure is costly and high rates of it can cause plenty of collateral damage.
It's about your jobs, your health care, whether you can afford to send your children to college, whether you'll be able to withstand the pressure of the rising interest rates on a home foreclosure that might come your way, and whether we're going to once again be proud of our country, and our leadership, and our moral authority in the world.
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