Foreclosures Quadruple In Arkansas In October

first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Foreclosures Quadruple In Arkansas In October in Daily Dose, Featured, Foreclosure, News November 13, 2014 784 Views The Best Markets For Residential Property Investors 2 days ago Arkansas Foreclosure Filings Foreclosures RealtyTrac 2014-11-13 Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Arkansas Foreclosure Filings Foreclosures RealtyTrac Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Report: Job Openings Decline While Hires, Separations Increase Next: Florida Posts Highest REO Total for Octobercenter_img About Author: Brian Honea Share Save While the nation saw the largest monthly increase in foreclosure filings in October in more than four years, Arkansas took things one step further.According to RealtyTrac’s October 2014 U.S. Foreclosure Market Report released on Thursday, foreclosure filings – which include default notices, scheduled auctions, and bank repossessions (REOs) – increased in Arkansas in October by a staggering 412 percent from their September totals. This was by far the largest month-over-month increase of any state from September to October; Missouri was second with 181 percent, RealtyTrac reported. The national average increase in foreclosure filings for October was 15 percent, the highest monthly increase since March 2010.Year-over-year, foreclosure filings increased in Arkansas by 37.9 percent in October, according to RealtyTrac.With a population of close to 2.9 million and slightly more than 1.3 million residential housing units, Arkansas totaled one foreclosure filing for every 1,749 housing units, which ranked the state 28th in the nation, according to RealtyTrac. For October, .06 percent of all housing units in Arkansas were in some state of foreclosure.In all, Arkansas totaled 753 foreclosure filings in October, which was more than four times the total that was reported for the state in September (147). In October 2013, Arkansas reported having 546 foreclosure filings. Even with the enormous increase, Arkansas’ 753 foreclosure filings in October still accounted for less than 1 percent of the nation’s total for the month, which was 123, 109.The increase in Arkansas foreclosure filings can be attributed to a spike in the number of notices of trustee sales, which rose from 58 in September to 631 in October, according to RealtyTrac. The number of REOs in Arkansas also jumped month-over-month in October from 89 to 122.Louisiana (127 percent) and District of Columbia (108 percent) also had triple-digit month-over-month increases in foreclosure filings in October, according to RealtyTrac. District of Columbia had the largest year-over-year increase in foreclosure filings in October at 355 percent, from 11 in October 2013 up to 50 in October 2014. Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Foreclosures Quadruple In Arkansas In October Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Subscribelast_img read more

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