Florida has battled the highest rate of foreclosures in the country; long processing times have created a backlog in the state. ...
Tag Archives: foreclosures
Foreclosures Spark Crime, Report Says
As few as three foreclosures on a block can lead to more crime in a neighborhood, according to a report by the New York University’s Furman Center for Real Estate & Urban Policy....
Falling Foreclosures Pushing Up Home Prices
As foreclosure backlogs have decreased, so have many of the big discounts on home prices. The slowdown in foreclosures is partially behind the recent rise in home prices, some...
‘Luxury’ Foreclosures Soar
For the past two years, foreclosure activity has been increasing on higher-end homes at a faster pace than lower-end homes, says Daren Blomquist with RealtyTrac, a company that tracks...
Are Banks ‘Hoarding Foreclosures’?
Recent housing surveys are showing an uptick in home prices, particularly in cities in warm-weather “sand states” that had been hard-hit during the housing slump, such as in...
Signs of the Pending ‘Foreclosure Wave’ Emerge
Foreclosure filings — which include default notices, scheduled auctions, and bank repossessions — soared 9 percent in May from the previous month, RealtyTrac reports. The pick-up...
Distressed Homes Make Up a Quarter of Home Sales
About one in four home sales during the first quarter of this year was in some form of foreclosure, according to RealtyTrac. A growing number of those distressed sales were also from...
Foreclosures Plummet to 5-Year Lows
For the third consecutive month, foreclosure filings dropped, sinking to their lowest level since July 2007, according to RealtyTrac’s April report on nationwide foreclosure...
Half of U.S. Metros See Pick up in Foreclosures
Housing analysts have warned that a foreclosure wave is coming, and the signs are starting to show. After several months of declining numbers in foreclosures nationwide, more U.S....
Foreclosures Don’t Just Hurt Adults, Study Finds
About 8 million children have been hurt by foreclosure, according to a newly-released report by First Focus, a bipartisan advocacy group for families. “Children are the often...
Coldwell Banker
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