Monthly Archives: April 2009

California unemployment rate soars to 11.2 percent

I discussed in the previous post that Nevada’s unemployment rate had hit 10.4 percent with the Reno area a bit higher.  What is frequently said is what happens in California will soon happen in the rest of the country.  Therefore … Continue reading

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Nevada Unemployment Rate Hits 10.4 Percent, Reno/Sparks, Carson City Higher, but Steady

In March, the unemployment rate in Nevada increased to 10.4 percent, up from a revised 10.0 percent in February. The rate is the highest it has been since March 1983. It remained above the national average which was 8.5 percent … Continue reading

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Happy Easter

It’s a glorious day today.

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http://www.fieldcheckgroup.com/2009/04/07/4-7-ca-foreclosures-about-to-soar/

CA Foreclosures about to soar. Mark Hanson at FieldcheckGroup.com expects California foreclosure rates to soar, probably beginning in February.  Yeah, I know it is now April.  His data shows a big jump beginning in February.  Apparently, the lower numbers earlier … Continue reading

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Mortgage delinquencies soar in the U.S.

Reuters reports that more consumers are falling behind on their mortgages. Dann Adams, president of U.S. Information Systems for Equifax Inc, reported that 7 percent of homeowners with mortgages were at least 30 days late on their loans in February, … Continue reading

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Renter Alerts

Shingenmochi, posting on the RGJ.com Power On blog reported that RealtyTrac is launching a Web site that alerts subscribers if the property they are renting has either entered into default or is about to be foreclosed by a lender.  For … Continue reading

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