Bank Repossessions Drop To A 44-Month Low
According to foreclosure-tracker RealtyTrac, November's foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.
According to foreclosure-tracker RealtyTrac, November's foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.
According to foreclosure-tracking firm RealtyTrac, October's foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide -- California, Florida, Michigan and Illinois.
On an annual basis, foreclosure filings fell last month. On a monthly basis, they did not.
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.
According to foreclosure-tracking firm RealtyTrac, monthly foreclosure filings fell 2 percent in May to just under 215,000 filings nationwide. Foreclosure counts have now dropped over 16 consecutive months, dating back to January 2010.
Based on data from foreclosure-tracking firm RealtyTrac, foreclosure filings nationwide fell below 220,000 in April 2011, a 9 percent decrease from March and the lowest total in 40 months.
According to foreclosure-tracking firm RealtyTrac, the number of national foreclosure filings plunged 35 percent in March 2011 as compared to March 2010, a statistic that reflects a more healthy housing market and more robust outlook for 2011.
November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.
As usual, foreclosure density varied by region last month, with just 5 states accounting for close to half of the nation's repossessed homes.
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.
The number of foreclosure filings rose 3 percent in September, according to foreclosure-tracking firm RealtyTrac.
Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac's monthly foreclosure report shows some bright spots for housing.