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Tag: RealtyTrac

2015 Foreclosures Hit Nine-Year Low

2015 Foreclosures Hit Nine-Year Low

Real estate foreclosures hit a nine-year low in 2015, according to the latest annual report from RealtyTrac. “In 2015 we saw a return to normal, healthy foreclosure activity in many markets even as banks continued to clean up some of the last vestiges of distress left over from the last housing crisis,” said Daren Blomquist, […]

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Real Estate Booms – So Why Does Confidence Lag?

Real Estate Booms – So Why Does Confidence Lag?

It’s hard to look at 2015 and think that real estate has had anything but a banner year. As of October, according to the National Association of Realtors, home sales are up 3.9 percent when compared with the year ago while existing home prices have risen 5.8 percent. RealtyTrac, the nation’s leading source for comprehensive […]

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How Long Can Mortgage Rates Remain So Low?

How Long Can Mortgage Rates Remain So Low?

Mortgage rates have been far lower than expected in 2014, rates which should have resulted in booming home sales and rising real estate values. However that has not been the case. Instead what we have is a weird situation where mortgage rates remain in a trough and potentially might even go lower. It was originally […]

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Real Estate: 9.3 Million Homes Underwater, Says RealtyTrac

Real Estate: 9.3 Million Homes Underwater, Says RealtyTrac

Real estate owners are not out of the woods yet even as the stock market nears record highs and home values have increased at least 10 percent from 2012. A new home equity study from RealtyTrac shows a tale of two housing markets: One side are 9.3 million homeowners who are deeply in debt, individuals […]

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RealtyTrac: Foreclosures Plummet 37% — But Not Everywhere

RealtyTrac: Foreclosures Plummet 37% — But Not Everywhere

Foreclosures have fallen through the floor. RealtyTrac reports that November foreclosure figures were 37 percent lower than a year ago and that foreclosure starts are at a 95-month low. “While some of the decrease in November can be attributed to seasonality, the depth and breadth of the decrease provides strong evidence that we are entering […]

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Foreclosure Activity Hits Six-Year Low

Foreclosure Activity Hits Six-Year Low

Foreclosure activity hit a six-year low in April according to RealtyTrac, but while home losses were down in general they actually rose in states where foreclosure actions must go through local courts. Maryland, for example, is the nation’s wealthiest state in terms of household income and yet foreclosure activity — default notices, scheduled auctions and bank […]

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1st Quarter Foreclosures Drop 12%, Says RealtyTrac

1st Quarter Foreclosures Drop 12%, Says RealtyTrac

Quarterly foreclosure filings are down significantly from 2012 — but that big problems remain. The latest figures from Realtytrac show that foreclosure filings in the first quarter — default notices, scheduled auctions and bank repossessions — were reported on 442,117 U.S. properties. That’s down 12 percent from the previous quarter and down 23 percent from the first quarter of 2012. […]

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RealtyTrac: January Foreclosures Slide 28%

RealtyTrac: January Foreclosures Slide 28%

Foreclosure filings continue to decline. The latest monthly report from RealtyTrac shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — fell 28 percent when compared with January 2013. Still, 150,864 U.S. properties received a foreclosure notice in January, a huge number by historic standards. On a national basis the federal government has […]

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What Are The 20 Best Foreclosure Markets?

What Are The 20 Best Foreclosure Markets?

For those who believe the foreclosure crisis is done and gone, consider that many markets continue to offer both large numbers of foreclosures and substantial discounts. Since 2006 more than 10 million foreclosure filings have been sent out and some 5 million properties have actually been foreclosed. However, many of the properties which have been […]

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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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