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8 Articles match "Auctions","Households","Sales"
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The Latest from RealtyTrac
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Where to find the best deals on foreclosures
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. All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosure Activity Up 7 Percent in March
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 U.S. households. Nevada documented the highest 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Foreclosure Activity Up 7 Percent in March
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 U.S. households. Nevada documented the highest 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Take a Spring Break
total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S. households. Nevada documented the highest state foreclosure rate for the fourth month in a row, with one foreclosure filing for every 232 households — more than three times the national average. Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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CO Gives Owners More Time to Fix Foreclosure
gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. This redemption period allowed homeowners who had been foreclosed on to buy back their homes after the public foreclosure sale by paying the winning bidder the amount of the winning bid. “For The Colorado Division of Housing told DSNews that it did not think the new law would affect the number of initial foreclosure A state law that took effect Jan. 1
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
The Detroit Free Press reported that "Detroit home sales shot up 30.8% moratorium on all foreclosure sales scheduled in April there has now been replaced by a pilot program that delays foreclosure proceedings on owner-occupied properties until the homeowner and lender meet in a "conciliation conference," according to the Philadelphia Business Journal . Foreclosure sales originally scheduled for April and May will be postponed until at least July. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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A (Relatively) Few Bad Apples Spoil the Barrel
Still, nearly a quarter million properties in one month can have a significant impact on a housing market that is registering about 5 million existing home sales for the entire year . "Although quot;Although only about 2 percent of households nationwide will be in some stage of foreclosure this year, these properties contribute to already bloated inventories of homes for sale, and put downward pressure on home values," said James J. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
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. All five of the states with foreclosure markets most favorable to buyers and investors reported annual foreclosure rates of more than 1 percent of total households along with increasing foreclosures in 2005. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. Our median household income is about $72,000 annually — among the highest in the country. Out of those nine contracts, nine have been beat by better offers. I
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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