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Tag: 2011

RealtyTrac: 2012 Foreclosures Stall — But What About 2013?

RealtyTrac: 2012 Foreclosures Stall — But What About 2013?

The number of homes lost to foreclosure fell 3 percent in 2012 according to the latest annual data from RealtyTrac. Meanwhile, foreclosure filings — which can be seen as a measure of future foreclosure activity — tumbled almost 15 percent during the year. Default notices, scheduled auctions and bank repossessions — were reported on 1,836,634 U.S. properties […]

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Foreclosure Skid Reflects Hurricane Sandy Impact

Foreclosure Skid Reflects Hurricane Sandy Impact

The latest monthly report from RealtyTrac.com shows that November foreclosure filings were 19 percent lower than a year ago, the 26th consecutive month with an annual decrease in foreclosure activity. It’s hard to look at the new numbers and not suggest that part of the slow down is related to Sandy, the huge storm that […]

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Foreclosures Take Back Seat To Short Sales, Says RealtyTrac

Foreclosures Take Back Seat To Short Sales, Says RealtyTrac

Lenders are beginning to dump foreclosures in favor of short sales and for a very good reason: Money. According to the National Association of Realtors, when compared with properties in good financial shape foreclosures sell with a 20 percent discount while short sales (pre-foreclosures) are typically marketed at 14 percent off. The latest figures from RealtyTrac.com show […]

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Foreclosure Filings Drop 19% But Rise In Northeast.

Foreclosure Filings Drop 19% But Rise In Northeast.

Foreclosure filing stats for October were a mixed bag, up 3 percent when compared with September but down 19 percent from last year, according to the latest nationwide survey from RealtyTrac. Foreclosure filings –which include default notices, scheduled auctions and bank repossessions — are the best available measure of distressed properties because they reflect not only homes which […]

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Foreclosures Drop in 62% of Metro Areas, Says RealtyTrac

Foreclosures Drop in 62% of Metro Areas, Says RealtyTrac

While the real estate market has not recovered from the peak prices seen in 2007 it made huge progress during the past year. RealtyTrac reports that foreclosure activity decreased from a year ago in 131 out of the nation’s 212 metropolitan areas with a population of 200,000 or more —  that’s a 62 percent decline. […]

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RealtyTrac: Foreclosures Plummet To Five-Year Low

RealtyTrac: Foreclosures Plummet To Five-Year Low

Foreclosure filings in the US sunk to levels not seen since 2007 according to RealtyTrac, the leading foreclosure tracking service. In September foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 180,427 U.S. properties, down 16 percent from September 2011. and the lowest U.S. total since July 2007. In terms of quarterly […]

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RealtyTrac: Foreclosure Activity Slows 15% — But Not In All States
By September 13, 2012 0 Comments Read More →

RealtyTrac: Foreclosure Activity Slows 15% — But Not In All States

Foreclosure filings dropped 15 percent in the past year according to the latest monthly report from RealtyTrac. Unfortunately, the decline in foreclosure activity is not universal. In a number of states there has been a substantial increase as robo-signing issues go through state court systems, foreclosure moratoriums and stoppages come to an end and worries […]

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RealtyTrac: Distressed Homes 23% Of All Sales

RealtyTrac: Distressed Homes 23% Of All Sales

The latest report from RealtyTrac shows that 23 percent of all existing home sales in the second quarter were either facing foreclosure or bank-owned REOs –“real estate owned” by lenders. The massive number of distressed sales is not much different from the first quarter when such properties represented 22 percent of the market oo and just a […]

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July Numbers Down 10% But Has Foreclosure Activity Really Slowed?

July Numbers Down 10% But Has Foreclosure Activity Really Slowed?

Foreclosure activity is falling. According to RealtyTrac, July foreclosure activity dropped 10 percent when compared with 2011 and was 3 percent lower than in July 2011. Still, 191,925 U.S. properties received a foreclosure filing of some sort in July. That’s a big number by historic standards, but not as big as it could have been. Here’s […]

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RealtyTrac: Foreclosure Activity Slows In 61% Of US

RealtyTrac: Foreclosure Activity Slows In 61% Of US

Foreclosure activity was uneven during the first half of 2012. According to RealtyTrac, foreclosure activity during the first six months of the year fell in 129 of the nation’s 212 major metro areas (61%) when compared with the same period during 2011. That also means foreclosure activity increased in 83 major metro areas during the […]

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