All Posts Tagged With: "2005"
1 in 5 Home Sales Distressed, Foreclosed or Bank Owned, Says RealtyTrac
For the third quarter of 2011 RealtyTrac reports that 20 percent of all existing home sales were bank owned or being foreclosed. This is down from 30 percent of all sales in the third quarter of 2010. The latest RealtyTrac figures might be seen as good news were it not for the glum reality which makes [...]
26Jan2012 | Peter G. Miller | 0 comments | Continued
Foreclosure Filings Off Nearly 30%, RealtyTrac
On paper at least foreclosure filings fell nearly 30 percent in 2011 according to year-end figures from RealtyTrac, the nation’s leading source of foreclosure listings and data. But the new numbers tell only part of the story. What they really demonstrate is that millions of homes remain distressed and that the foreclosure process itself continues [...]
12Jan2012 | Peter G. Miller | 0 comments | Continued
2.9 million properties faced foreclosure in 2010, new record says RealtyTrac
To paraphrase Charles Dickens, it was the worst of times, it was, well, it really was the worst of times. Figures from RealtyTrac show that 2,871,891 U.S. properties received foreclose filings in 2010, a record and an increase of nearly 2 percent from 2009 and up 23 percent when compared with 2008. The final figures [...]
13Jan2011 | Peter G. Miller | 0 comments | Continued
Foreclosure Filings Near 4 Million In 2009, Worst Since Depression
With the worst results in recent history, year-end figures from RealtyTrac.com show that 3,957,643 foreclosure filings — default notices, scheduled foreclosure auctions and bank repossessions — were reported on 2,824,674 U.S. properties in 2009. The 2009 total is 21 percent higher than 2008, itself a record year. The bloated foreclosure numbers are in large measure [...]
14Jan2010 | Peter G. Miller | 0 comments | Continued
Foreclosures: Bankruptcies Rise 35%
The court system is reporting a massive rise in bankruptcies, a sure-fire indicator of foreclosure activity. In the 12-month period ending June 30, 2009, there were 1,306,315 bankruptcy cases filed, according to statistics released by the Administrative Office of the U.S. Courts. That’s a 35 percent increase compared to filings for the 12-month period ending [...]
14Aug2009 | Peter G. Miller | 0 comments | Continued
Bankruptcy Numbers Soar — Foreclosures To Follow
Bankruptcy filings were up 33.3 percent during the past year according to the Administrative Office of the U.S. Courts. Between March 2008 and March 2009 there were 1.2 million?,? bankruptcies?,? compared with 902,000 during the prior year. ?,? Of this year’s bankruptcy filings only 49,000 involved businesses, the rest were all personal bankruptcies. The rising [...]
9Jun2009 | Peter G. Miller | 0 comments | Continued
Bankruptcy Fables Your Lenders Love
Should bankruptcy judges have the right to modify home mortgages? Would that be fair? Or unfair? It’s a political question, of course, and when the time came for the Senate to vote in April the count was 51-to-45 against a measure would give judges the right to change home loan terms and rates. For the [...]
4May2009 | Peter G. Miller | 0 comments | Continued
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