1 Articles match "Auctions","Foreclose","Massachusetts"
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The Latest from RealtyTrac
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Foreclosure Activity Deflating or Just Deferred?
As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that this chart shows that the bulk of the properties that were at risk for foreclosure have migrated through the process and are now being
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Foreclosure Activity Deflating or Just Deferred?
As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that this chart shows that the bulk of the properties that were at risk for foreclosure have migrated through the process and are now being
www.foreclosurepulse.com
- Tuesday, December 16, 2008