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Old 04-26-2012, 09:23 PM
 
1,844 posts, read 2,423,231 times
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RealtyTrac, an online marketplace for foreclosure properties, said 114 of 212 cities with populations above 200,000 experienced increased foreclosure activity January through March.

...

the largest annual increases were outside California. From the first quarter of 2011, foreclosure activity rose 52 percent in Orlando, Fla., 41 percent in Indianapolis, 38 percent in Hartford, Conn., 37 percent in Miami and 33 percent in Philadelphia, RealtyTrac said.

Source: Foreclosures up in half of U.S. cities - UPI.com

note: RealtyTrac follows and analyzes foreclosures (duh) nationwide.
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Old 04-26-2012, 11:46 PM
 
Location: Connecticut
34,924 posts, read 56,924,455 times
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I am not sure that this topic is relevant to just Connecticut but this is not surprising. Banks have been holding back on a lot of foreclosures but now that the economy is starting to improve they are feeling they can start moving these properties. California already had the majority of foreclosures completed so their rates are dropping. Other states that were less severe are only now being impacted. Jay
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Old 04-27-2012, 06:11 AM
 
139 posts, read 355,472 times
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Do you think that "Hartford" means just the city itself, or surrounding towns as well?
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Old 04-27-2012, 01:36 PM
 
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Quote:
Originally Posted by islandtimect View Post
Do you think that "Hartford" means just the city itself, or surrounding towns as well?
I would guess it's talking about Hartford itself, I'm sure there were lots of low-income people tricked into terrible mortgages in the city.

I don't think the suburbs of Hartford were particularly hard hit were they?
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Old 04-27-2012, 04:19 PM
 
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Quote:
Originally Posted by islandtimect View Post
Do you think that "Hartford" means just the city itself, or surrounding towns as well?
If I said I knew, i'd be lying, lol! I have no idea. I wish I did, and I don't have the time to research it this weekend, much to my consternation. If there's a follow-up to the article, I'll post it as another comment on this thread. Best to all.
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Old 04-27-2012, 04:30 PM
 
21,618 posts, read 31,197,189 times
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Quote:
Originally Posted by basehead617 View Post
I don't think the suburbs of Hartford were particularly hard hit were they?
No. Actually Connecticut housing has fared far better than other areas around the nation, especially the Hartford area. People don't realize it, but greater Hartford ranks as one of the wealthiest metros in the country.

I'm guessing this just means Hartford proper.
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Old 04-27-2012, 05:38 PM
 
Location: NJ
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Usually experts discuss MTSAs, which would be the Greater Hartford metropolitan region with suburbs.
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Old 04-27-2012, 05:42 PM
 
21,618 posts, read 31,197,189 times
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Quote:
Originally Posted by bobtn View Post
Usually experts discuss MTSAs, which would be the Greater Hartford metropolitan region with suburbs.
Wrong in this case. Taken straight from the article: "City increases were led by..."
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Old 04-27-2012, 05:45 PM
 
Location: NJ
18,665 posts, read 19,966,662 times
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Quote:
Originally Posted by kidyankee764 View Post
Taken straight from the article: "City increases were led by..."
Most likely bad editing. this tracking firm most often does MTSAs. I've read their stuff before, and directly w/o newspaper reprints. In any event, its dreadful news.

OP" 212 cities with populations above 200,000"". Hartford proper has < 200,000-this is MTSA Hartford.

You were saying?
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Old 04-27-2012, 05:51 PM
 
Location: New London County, CT
8,949 posts, read 12,134,556 times
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Quote:
Originally Posted by bobtn View Post
Most likely bad editing. this tracking firm most often does MTSAs. I've read their stuff before, and directly w/o newspaper reprints. In any event, its dreadful news.

OP" 212 cities with populations above 200,000"". Hartford proper has < 200,000-this is MTSA Hartford.

You were saying?
So it's bad editing when the writing is opposed to your preferred perspective, but gospel when you agree.

Got it.
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