Tag Archives: foreclosures

Foreclosures Rise as Banks Take More Action

Foreclosure activity rose last month by 4 percent, but it remains at the lowest level since 2007, RealtyTrac reports in its latest U.S. Foreclosure Market Report. Last month’s...

Rise in Foreclosures Starts Isolated to a Few States

Completed foreclosures in 2013 are projected to be down about 27 percent from last year — the lowest since 2007, RealtyTrac reported Thursday. The projected 490,000 foreclosures this...

Florida Lawmakers Aim to Speed Up Foreclosures

Florida has battled the highest rate of foreclosures in the country; long processing times have created a backlog in the state. ...

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...