4 Articles match "Bank Owned","February","Properties"

The Latest from RealtyTrac MORE
Foreclosures up 13 percent in February
RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling foreclosures increasing for the third month in a row. Thats a foreclosure
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Feb. Foreclosure Report: Are We at Bottom Yet?
February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season. That premise is supported Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Foreclosures up 13 percent in February
    RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling foreclosures increasing for the third month in a row. Thats a foreclosure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Feb. Foreclosure Report: Are We at Bottom Yet?
    February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. The February monthly decrease is more likely a seasonal decrease helped along by a shorter-than-average month and the fact that Januarys numbers are often padded with some pent-up foreclosure activity from the holiday season. That premise is supported Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Flamboyant Foreclosures
    Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. As more and more well-heeled homeowners default on their mortgages and property taxes, homebuyers can scoop up these tony trophy properties. Consider these posh properties with all the grandeur and sophistication you deserve. 11000 South Ocean Blvd. But now some of the ritzy residences are increasingly falling into foreclosure. 33462 Auction Price: $40,000,000 SOLD: $22,000,000 If you think eight-figure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Activity Deflating or Just Deferred?
    In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE