Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010.

By |2017-08-10T02:38:06-04:00February 11th, 2011|foreclosures|Comments Off on Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low

According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.

By |2017-08-10T02:38:35-04:00January 14th, 2011|Economy, foreclosures, Real Estate|Comments Off on Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low

Foreclosure Activity By Metro Area, Q3 2010

Foreclosures are a big part of the housing market, with distressed properties accounting for 35 percent of all home resales last month, according to the National Association of REALTORS®. But for as common as foreclosures can be, they remain a localized concern.

By |2017-08-10T02:39:27-04:00November 1st, 2010|foreclosures|Comments Off on Foreclosure Activity By Metro Area, Q3 2010

Foreclosure Activity Slows Again In June 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

By |2017-08-10T02:40:32-04:00July 19th, 2010|foreclosures|Comments Off on Foreclosure Activity Slows Again In June 2010

Foreclosure Activity Slows For The First Time In Several Years

According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010. 2 percent may not seem like much, but it's the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.

By |2017-08-10T02:41:26-04:00May 18th, 2010|foreclosures, New Jersey, Pennsylvania|Comments Off on Foreclosure Activity Slows For The First Time In Several Years

How To Buy Bank-Owned Homes In A Period Of Rising Inventory

California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It's a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.

By |2017-08-10T02:41:49-04:00April 16th, 2010|foreclosures, Local, New Jersey, Pennsylvania, Real Estate, Real estate investing|Comments Off on How To Buy Bank-Owned Homes In A Period Of Rising Inventory