Vermont foreclosure rate still lowest, US activity decreases 6 percent
The state of Vermont continues to have the lowest foreclosure rate in the nation, according to RealtyTrac(R) (www.realtytrac.com(link is external)), the leading online marketplace for foreclosure properties. Today it released its May 2009 US Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 321,480 US properties during the month, a decrease of 6 percent from the previous month but an increase of nearly 18 percent from May 2008. The report also shows that one in every 398 US housing units received a foreclosure filing in May.”May foreclosure activity was the third highest month on record, and marked the third straight month where the total number of properties with foreclosure filings exceeded 300,000 — a first in the history of our report,” said James J. Saccacio, chief executive officer of RealtyTrac. “While defaults and scheduled foreclosure auctions were both down from the previous month, bank repossessions, or REOs, were up 2 percent thanks largely to substantial increases in several states, including Michigan, Arizona, Washington, Nevada, Oregon and New York. We expect REO activity to spike in the coming months as foreclosure delays and moratoria implemented by various state laws come to an end.”Nevada, California, Florida post top state foreclosure ratesNevada continued to document the nation’s highest foreclosure rate, with one in every 64 housing units receiving a foreclosure filing during the month — more than six times the national average.With one in every 144 housing units receiving a foreclosure filing during the month, California posted the nation’s second highest state foreclosure rate despite a 4 percent decrease in foreclosure activity from the previous month.Florida posted the third highest state foreclosure rate in May, with one in every 148 housing units receiving a foreclosure filing during the month.Arizona posted the fourth highest state foreclosure rate in May, with one in every 158 housing units receiving a foreclosure filing, and Utah posted the fifth highest state foreclosure rate, with one in every 316 housing units receiving a foreclosure filing.Other states with foreclosure rates ranking among the nation’s 10 highest were Michigan, Georgia, Colorado, Idaho and Ohio.Top 10 states account for nearly 77 percent of total U.S. foreclosure activityCalifornia reported 92,249 properties with foreclosure filings in May, the highest total of any state and up nearly 23 percent from May 2008. Bank repossessions in California were down 1 percent from the previous month and defaults were down 18 percent, but scheduled auctions were up 18 percent.Default notices, scheduled auctions and bank repossessions in Florida were all down from the previous month, but the state still posted the nation’s second highest number of properties with foreclosure filings: 58,931, up 50 percent from May 2008.Nevada documented 17,157 properties with foreclosure filings in May, the third highest total of any state and up nearly 83 percent from May 2008. A 23 percent increase in bank repossessions helped push Nevada foreclosure activity up 5 percent from the previous month.Other states with totals among the 10 highest in the country were Arizona (16,865), Michigan (13,891), Ohio (11,360),Illinois (10,942), Georgia (10,516), Texas (9,813) and Virginia (5,385). The top 10 states accounted for nearly 77 percent of total properties with foreclosure filings nationwide.California, Florida, Nevada dominate top 10 metro foreclosure ratesForeclosure filings were reported on 14,681 Las Vegas properties in May, one in every 54 housing units — more than seven times the national average and the highest foreclosure rate among metro areas with a population of at least 200,000. The city’s foreclosure activity increased 4 percent from the previous month and 78 percent from May 2008.California and Florida accounted for the remainder of top 10 metro foreclosure rates.California cities accounted for six of the top 10 spots: Stockton at No. 2 (one in 68 housing units), Modesto at No. 3 (one in 71), Riverside-San Bernardino at No. 4 (one in 75), Merced at No. 5 (one in 78), Bakersfield at No. 7 (one in 94), and Vallejo-Fairfield at No. 9 (one in 101).Florida cities accounted for three of the top 10 spots: Cape Coral-Fort Myers at No. 6 (one in 82 housing units),Orlando-Kissimmee at No. 8 (one in 101), and Miami-Fort Lauderdale-Pompano Beach at No. 10 (one in 105).Report methodologyThe RealtyTrac U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing reported during the month — broken out by type of filing at the state and national level. Data is also available at the individual county level. Data is collected from more than 2,200 counties nationwide, and those counties account for more than 90 percent of the U.S. population. RealtyTrac’s report incorporates documents filed in all three phases of foreclosure: Default — Notice of Default (NOD) and Lis Pendens (LIS); Auction — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank). If more than one foreclosure document is filed against a property during the month or quarter, only the most recent filing is counted in the report. The report also checks if the same type of document was filed against a property in a previous month or quarter. If so, and if that previous filing occurred within the estimated foreclosure timeframe for the state the property is in, the report does not count the property in the current month.U.S. Foreclosure Market Data by State – May 2009Properties with Foreclosure Filings Rate State Rank Name NOD LIS NTS NFS REO — U.S. 55,442 67,687 100,578 32,756 65,017 —- 30 Alabama 1 0 1,567 0 399 35 Alaska 6 0 132 0 53 4 Arizona 9 0 12,103 0 4,753 22 Arkansas 126 0 1,169 0 376 2 California 43,294 0 35,900 0 13,055 8 Colorado 4 0 3,708 0 1,164 33 Connecticut 0 778 0 91 237 28 Delaware 0 0 0 328 58 District of Columbia 77 0 187 0 35 3 Florida 0 39,523 0 13,363 6,045 7 Georgia 1 0 6,883 0 3,632 15 Hawaii 279 0 476 0 61 9 Idaho 886 0 496 0 62 11 Illinois 0 3,139 0 4,827 2,976 13 Indiana 0 1,784 0 2,033 1,141 41 Iowa 0 0 237 0 398 34 Kansas 0 177 0 399 323 38 Kentucky 0 295 0 579 204 40 Louisiana 0 4 0 748 189 42 Maine 0 65 0 231 29 17 Maryland 0 2,737 0 314 488 20 Massachusetts 0 2,278 0 755 588 6 Michigan 0 0 7,645 0 6,246 23 Minnesota 6 0 1,857 0 1,086 43 Mississippi 0 0 409 0 25 26 Missouri 1 0 1,835 0 960 48 Montana 0 0 1 0 36 45 Nebraska 0 146 0 2 21 1 Nevada 8,876 0 5,230 0 3,051 25 New Hampshire 0 0 613 0 114 24 New Jersey 0 2,793 0 1,095 520 29 New Mexico 0 497 0 207 92 37 New York 0 3,523 0 764 538 36 North Carolina 463 0 1,078 0 1,046 49 North Dakota 0 1 0 10 12 10 Ohio 0 4,289 0 4,009 3,062 39 Oklahoma 190 0 509 0 178 12 Oregon 78 0 2,276 0 713 32 Pennsylvania 0 1,844 0 1,633 899 31 Rhode Island 0 0 230 0 169 16 South Carolina 0 1,962 0 341 789 47 South Dakota 0 0 0 32 6 21 Tennessee 0 0 2,091 0 1,478 27 Texas 24 0 6,041 0 3,748 5 Utah 1,117 0 1,014 0 796 50 Vermont 0 0 1 0 5 14 Virginia 3 0 4,221 0 1,161 18 Washington 0 0 2,531 0 1,302 46 West Virginia 0 0 80 0 21 19 Wisconsin 0 1,852 0 995 655 44 Wyoming 1 0 58 0 22 Properties with Foreclosure Filings 1/every %Change %Change Rate State X HU from from Rank Name Total (rate) Apr 09 May 08 — U.S. 321,480 398 -6.01 17.76 —- 30 Alabama 1,967 1,086 -14.77 292.61* 35 Alaska 191 1,478 -19.07 11.70 4 Arizona 16,865 158 3.82 31.04 22 Arkansas 1,671 770 -10.35 25.92 2 California 92,249 144 -4.46 22.81 8 Colorado 4,876 436 -11.26 -14.98 33 Connecticut 1,106 1,301 -49.13 -32.15 28 Delaware 386 1,007 107.53 45.66 District of Columbia 299 951 -24.87 -23.53 3 Florida 58,931 148 -8.76 50.40 7 Georgia 10,516 377 -8.72 -1.27 15 Hawaii 816 621 19.30 397.56 9 Idaho 1,444 437 -41.73 72.32 11 Illinois 10,942 479 -19.82 9.50 13 Indiana 4,958 560 -1.22 -0.04 41 Iowa 635 2,094 0.63 42.70 34 Kansas 899 1,356 14.23 31.24 38 Kentucky 1,078 1,768 20.99 43.73* 40 Louisiana 941 1,976 -16.36 34.24 42 Maine 325 2,143 31.05 34.30 17 Maryland 3,539 655 -2.05 50.92 20 Massachusetts 3,621 752 -31.09 -45.48 6 Michigan 13,891 326 28.26 -4.72 23 Minnesota 2,949 781 -16.86 22.47 43 Mississippi 434 2,891 29.55 134.59 26 Missouri 2,796 947 3.63 -43.96+ 48 Montana 37 11,771 -39.34 -73.19 45 Nebraska 169 4,620 43.22 -48.79 1 Nevada 17,157 64 5.48 82.70 25 New Hampshire 727 817 -29.76 6.44 24 New Jersey 4,408 794 -12.44 -41.44 29 New Mexico 796 1,083 11.64 75.33* 37 New York 4,825 1,646 -13.70 -8.65 36 North Carolina 2,587 1,595 -16.06 -34.98 49 North Dakota 23 13,502 -37.84 9.52 10 Ohio 11,360 446 -7.82 -12.57 39 Oklahoma 877 1,851 -25.49 -28.99 12 Oregon 3,067 525 -20.07 89.79 32 Pennsylvania 4,376 1,252 -13.33 34.98* 31 Rhode Island 399 1,130 -28.24 -26.65 16 South Carolina 3,092 654 33.91 121.17* 47 South Dakota 38 9,401 123.53 26.67 21 Tennessee 3,569 763 2.85 -23.16++ 27 Texas 9,813 961 -13.27 -5.65 5 Utah 2,927 316 -1.41 115.06 50 Vermont 6 51,906 200.00 100.00 14 Virginia 5,385 608 -13.90 2.26+ 18 Washington 3,833 716 14.11 48.28 46 West Virginia 101 8,739 -30.34 140.48 19 Wisconsin 3,502 731 -9.30 74.14* 44 Wyoming 81 2,992 -14.74 32.79*Actual increase may not be as high due to data collection changes orimprovements+ Collection of some records previously classified as NOD in this statewas discontinued starting in January 2009++ Collection of some records previously classified as NOD in this statewas discontinued starting in September 2008About RealtyTrac Inc.RealtyTrac (http://www.realtytrac.com(link is external)) is the leading online marketplace offoreclosure properties, with more than 1.5 million default, auction andbank-owned listings from over 2,200 U.S. counties, along with detailedproperty, loan and home sales data. Hosting more than 3 million uniquemonthly visitors, RealtyTrac provides innovative technology solutions andpractical education resources to facilitate buying, selling and investingin real estate. RealtyTrac’s foreclosure data has also been used by theFederal Reserve, FBI, U.S. Senate Joint Economic Committee and BankingCommittee, U.S. Treasury Department, and numerous state housing and bankingdepartments to help evaluate foreclosure trends and address policy issuesrelated to foreclosures.Source: RealtyTrac. IRVINE, Calif., June 11 /PRNewswire/
1. How do you expect your company’s sales to change in the next six months? SalesINCREASENO CHANGEDECREASEQ1 200483%13%4%Q2 200480%15%4%Q3 200471%25%4%Q4 200477%22%1%Q1 200578%19%3%Q2 200575%23%2%Q3 200574%24%2%Q4 200572%24%4%Q1 200678%20%2%Q2 200678%22%0%Q3 200669%25%6%Q4 200673%23%4%Q3 200851%35%14%Q4 200827%46%27%Q1 200933%30%37%Q2 200941%31%28%Q3 200934%49%17%Q1 201063%19%18%Q2 201069%24%7%Q3 201059%35%6%Q4 201071%23%6%Q1 201173%19%8%% change from Q4/10 to Q1/112%-4%2%Totals may not equal 100 due to rounding. 2. How do you expect your company’s capital spending to change in the next six months? 3. How do you expect your company’s employment to change in the next six months? The chief executives of Vermont’s leading businesses appear poised to hold steady for the spring and summer months of 2011, when compared against the previous survey period. The survey was completed between April 1 and April 15 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss.According to Roundtable President, Lisa Ventriss, ‘Overall, these data show an economy that is taking its breath and assuming a ‘wait and see’ posture. The most positive growth indicator continues to be our members’ sales forecasts which showed a slight uptick over the previous period (73 percent compared to 71 percent). And while a plurality of our members are forecasting growth outlooks for capital expenditures and employment levels, (47 percent and 44 percent, respectively), another segment of members is projecting no change in those indicators from the previous quarter (38 percent and 41 percent, respectively),Ventriss said.Chair Steve Voigt said ‘We believe that these data also reflect a hesitation among our CEOs that is related to the current debate around health care reform in Vermont and the nation. We polled our members on this topic and found it to be a major source of concern; there are still many cost-related reform questions yet to be answered, and this makes future investment decisions regarding people or plant difficult to make at best. We must remember that while growth indicators have been trending upward nicely since early 2009, these changes are still fragile.’The Roundtable’s CEO Economic Outlook Survey provides a forward-looking view of the economic assumptions and attitudes of chief executive officers for 120 of the state’s top employers with an aggregate economic impact of $135 billion and employing 15 percent of the state’s workforce. The members represent Vermont’s agriculture, construction, education, health services, finance, real estate, insurance, hospitality/leisure, manufacturing, information, utilities, professional/business services, wholesale trade, and non-profit industries. The response rate for this quarter was 58 percent. Historically, rates have varied from 35 to 73 percent. 
EmploymentINCREASENO CHANGEDECREASEQ1 200457%38%4%Q2 200450%48%2%Q3 200459%37%4%Q4 200458%39%3%Q1 200555%38%7%Q2 200549%42%9%Q3 200549%44%7%Q4 200560%35%5%Q1 200654%39%7%Q2 200650%45%5%Q3 200643%49%7%Q4 200653%41%5%Q3 200840%42%18%Q4 200825%35%40%Q1 200923%37%40%Q2 200921%50%29%Q3 200934%46%20%Q1 201040%52%8%Q2 201046%45%9%Q3 201035%52%13%Q4 201051%38%11%Q1 201144%41%15%% Change from Q4/10 to Q1/11-7%3%4%Totals may not equal 100 due to rounding.The Roundtable is a nonprofit, nonpartisan organization of 120 CEOs of Vermont’s top private and nonprofit employers, representing geographic diversity and all major sectors of the Vermont economy, with an aggregate economic impact of $135 billion and employing 15 percent of the state’s workforce. The Roundtable is committed to sustaining a sound economy and preserving Vermont’s unique quality of life by studying and making recommendations on statewide public policy issues. CapitalINCREASENO CHANGEDECREASEQ1 200462%30%8%Q2 200443%41%15%Q3 200451%42%7%Q4 200445%46%9%Q1 200555%37%8%Q2 200549%43%8%Q3 200557%38%5%Q4 200550%35%15%Q1 200645%45%10%Q2 200653%40%7%Q3 200640%50%10%Q4 200656%39%5%Q3 200838%42%20%Q4 200817 %43%40%Q1 200912%38%50%Q2 200917%51%32%Q3 200931%46%23%Q1 201050%42%8%Q2 201051%38%11%Q3 201037%48%15%Q4 201049%34%17%Q1 201147%38%15%% Change from Q4/10 to Q1/11-2%4%-2%Totals may not equal 100 due to rounding. Source: VBR. 4.18.2011
Forgot Password ? Indonesia pertamina fuel-price crude-oil-price global-market drop Arab-Saudi Russia chatib-basri LOG INDon’t have an account? Register here Linkedin Topics : Facebook Google Log in with your social account Indonesia’s top fuel distributor, Pertamina, is waiting for a government directive to determine whether to cut fuel prices as a response to a downward trend in global crude oil prices.Pertamina spokeswoman Fajriyah Usman said the company’s stance was to monitor developments because the decision to lower retail prices of fuel was contingent on the outcome of changing government regulations.“If the regulations or policies change, Pertamina will adjust accordingly,” she told reporters in Jakarta on Monday. She noted that the state-owned company already lowered fuel prices earlier this year as an adjustment to the new price ceiling for gasoline and diesel.The ceiling, implemented through Energy and Mineral Resources Ministerial Decree No. 187/2019, compelled Pertamina to lower prices by up to 12.1 percent in Jakarta. Rival distributors Shell and Total redu…