foreclosures

Business and Economy
2:13 pm
Wed June 4, 2014

Amid Recovery, Selling N.H.'s Foreclosed Homes Still A Challenge

Credit Taber Andrew Bain / Flickr Creative Commons

New Hampshire’s housing market continues to recover—but slowly.  That’s according to new figures released by the New Hampshire Housing Finance Authority today.

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Business and Economy
2:17 pm
Tue January 14, 2014

Foreclosures Drop To Six-Year Low

Credit Justin Shearer / Flickr Creative Commons

  Only 161 homes fell into foreclosure in November, the lowest single monthly total since 2007.

New data from the New Hampshire Housing Finance Authority shows foreclosures were down 25% through the first 11 months of 2013, compared to a year prior.

The report credits slow but steady improvements in the housing market and overall economy, and banks allowing more short sales for homeowners who owe more than their house is worth.

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NH News
4:17 pm
Wed June 5, 2013

New Foreclosure Numbers Reveal Promising Trend

New New Hampshire housing numbers show 192 foreclosures in April.  That’s half of what the state recorded at the same time last year.  And it appears to be part of an ongoing trend.

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NH News
1:30 pm
Wed November 7, 2012

Cautious Optimism For N.H. Housing Market

New data from NH Housing Finance Authority shows 263 New Hampshire homes fell into foreclosure in September. That’s a 13% decline from 2011 levels.

The report says the numbers are a sign that the worst of the housing crisis could be behind us.  

But, cautious optimism aside, there is some tangible good news here: total foreclosures are on track to be their lowest since 2009. Foreclosure auction notices are also way down.

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NH News
3:12 pm
Wed September 5, 2012

July's Foreclosure Numbers Up From Last Year, But Going Down

Foreclosure deed records over the past three years by month.
NH Housing Finance Authority

New Hampshire foreclosure numbers from July are up from the previous year. 


New Hampshire had 269 foreclosures in July. That’s up 13 percent from July of last year. However, it’s a decrease compared to the month before. In fact, it’s the third monthly decline in a row so far this year. The numbers come from the Mortgage Bankers Association’s National Delinquency Survey.


“Even though it’s higher than last July, it’s still more on a steady downward curve.”

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NH News
4:24 pm
Thu July 5, 2012

New Hampshire Housing Market Continues Gradual Recovery

New data from the New Hampshire Housing Finance Authority suggests the state’s housing market continues to show signs of a slow recovery.

The number of New Hampshire homes sold in May of this year jumped up from 2011-levels. That’s good. The bad news is that the average price of those properties is down two-point-four percent from a year ago, falling to $205-thousand dollars.

The 351 new foreclosures in May probably won’t help. Until the glut of properties on the market clears up, housing prices will remain low.

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Around the Nation
3:33 am
Thu April 5, 2012

Ohio Tears Through Blighted Housing Problem

The remains of a Cleveland house after demolition in February. Ohio has set aside $75 million to raze abandoned homes across the state.
Joshua Gunter The Plain Dealer

Originally published on Thu April 5, 2012 10:33 am

Cleveland resident Cedric Cowan was asleep on an overcast spring morning when the roaring sounds of splintering wood and falling rubble jolted him awake.

Cowan lives in a neighborhood hit hard by foreclosures. He initially thought someone was moving into the house on the other side of Fairport Avenue.

Instead, he woke that morning to find a crew tearing down the two-family house.

Over the course of three hours, an excavator smashed, crushed and ripped apart the abandoned house while a worker sprayed the rubble with a hose to keep the dust down.

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Crisis In The Housing Market
12:01 am
Fri March 16, 2012

Foreclosure Influx Causes Backlog In Some States

A padlock hangs from a door of a foreclosed home in Islip, N.Y. The time a foreclosure will take from start to finish varies widely from state to state.
Spencer Platt Getty Images

Real estate is about location, location, location. And foreclosure is no different. Depending on the state, it can take an average of three months or three years to process a foreclosure. And the disparity in how states deal with foreclosures is getting bigger.

The fate of thousands of troubled homeowners in Central Florida rests in the hands of Lee Haworth, foreclosure administrative judge for Florida's 12th Judicial Circuit. "We were hit pretty hard," Haworth says.

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NH News
3:28 pm
Wed February 8, 2012

Report: End of Year Spike in Home Foreclosures

Flikr Creative Commons / Sean Dreilinger

A report shows that home foreclosures spiked at the end of last year, up 35% from November.

Jane Law of New Hampshire Housing Finance Authority says foreclosures have been declining since their peak in 2010, and December’s jump might be an anomaly.

Law says, "The biggest factor is just mortgage companies are kind of clearing out some inventory before the end of the year, which is the end of their tax year usually" 

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Crisis In The Housing Market
2:00 pm
Wed February 8, 2012

States Debate Foreclosure Robo-Signing Settlement

A bank-owned foreclosed home is offered for sale in Las Vegas.
Mark Ralston AFP/Getty Images

A year ago, banks admitted to abusing the foreclosure process — using fake signatures to power through foreclosure documents — a practice known as robo-signing. Now, five major banks and more than 40 state attorneys general have agreed in principle to a broad settlement that they say will help homeowners.

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