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14 Articles match "2005","Auctions","Foreclosures"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
More from Shulman and several other leading economists in the October issue of the Foreclosure News Report , scheduled to be available in mid October.) Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
July Foreclosure Report
foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. U.S. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Where to find the best deals on foreclosures
It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. Foreclosure markets most favorable to buyers and investors According to data from the RealtyTrac database, homebuyers and investors realized average savings over the past seven months of more than 40 percent on foreclosure purchases in Ohio and average savings of more than 30 percent on foreclosure purchases in Indiana , Tennessee , Georgia and Texas .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Up Across the Board in November
Foreclosures hit their highest level of the year so far in November, with 120,334 new foreclosure filings reported nationwide during the month, according to the RealtyTrac U.S. Foreclosure Market Report released last week. The report shows increases in all three phases of the foreclosure process — default, auction and bank repossession. Defaults and auctions each accounted for about 40 percent of the total, while bank repossessions accounted for about 20 percent of the total. The national foreclosure rate of one new foreclosure filing for every 961
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Downpour Continues in May
Foreclosure activity continued its upward climb in May, increasing on a year-over-year basis for the 29th consecutive month, according to the RealtyTrac U.S. Foreclosure Market Report released today. households received a foreclosure filing during the month, the highest monthly foreclosure rate since RealtyTrac began issuing its report in January 2005. The report showed one in every 483 U.S. Bank repossessions (REOs) accounted for 28 percent of the total activity and the biggest increase among the three types of foreclosure filings tracked in the report.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Up 7 Percent in March
With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago, according to RealtyTracs foreclosure market report that was released yesterday. The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 households. Nevada documented the highest state
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Make Food, Not Foreclosures
A non-profit group has launched a program to turn former foreclosures into farmland. allow it to garden vacant lots from the thousands of foreclosures in the county’s inventory and allow its volunteers to plow and plant them in order to grow fruits and vegetables for needy locals. Just like it was in 2007, Wayne County has been a hotbed of foreclosure activity in Michigan so far in 2008. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich., In fact it’s had one of the highest county foreclosure rates
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Search: Lessons from Long Beach
A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif . also think alot of foreclosure buyers and investors using RealtyTrac could benefitfrom what we learned, so below is the first of several "Lessons fromLong Beach." Lesson 1: Take an areas foreclosure activity into account When you run a search, look at the number of properties and entered dates to get a big-picture view of the foreclosure activity in the areayoure searching. She said something like, "Is the information on your site accurate?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Survey Confirms Q1 Foreclosure Surge
Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007. That closely mirrored the trend in MBA’s foreclosure rate, which put the percentage of loans in the foreclosure process at 2.47 percent reported in the The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. percent at the end of the first quarter, up 21 percent from the 2.04
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Fouls Up Sports Stars
It’s not just average Americans who are losing their homes to foreclosure these days. The home went to auction on April 14 with an opening bid of almost $2.1 Canseco bought the property back in April 2005 for almost $2.8 He now lives in a smaller home in an unknown location. As for Sprewell, Even rich and famous athletes who earned millions of dollars during their careers can be subjected to the emotional highs and lows of losing a home. Two recent cases in point: record-setting baseball player Jose Canseco , and former NBA star Latrell Sprewell . Canseco,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic. The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. Foreclosure markets most favorable to buyers and investors According to data from the RealtyTrac database, homebuyers and investors realized average savings over the past seven months of more than 40 percent on foreclosure purchases in Ohio and average savings of more than 30 percent on foreclosure purchases in Indiana , Tennessee , Georgia and Texas .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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July Foreclosure Report
foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. U.S. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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