Tag Archives: Foreclosure Sales

Foreclosure-Related Homes Still Driving Sales

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosures Fall Due to New Laws

Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosure Deals: 2013′s Best and Worst

Phoenix, San Francisco, Los Angeles, Detroit and San Diego all saw a drop in foreclosure activity. But the numbers went the opposite direction in Tampa, Miami, Baltimore, Chicago and New York. “Markets with increasing foreclosure activity in 2012 took the … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosures Plunge, but New States Now Suffer

In another sign that the still shaky housing recovery might be finding its footing, foreclosure filings in some of the hardest hit states of the housing crash have plummeted dramatically, and overall the nation is seeing the lowest level of … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , | Comments Off

Foreclosure Spike Is Positive Sign For Housing

After months of declines, the foreclosure numbers are going up again. Foreclosure starts, the first phase of the process, rose 9 percent in May month-to-month, the first increase in over two years, according to a new report from RealtyTrac. Bad … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosures Move East as Hardest-Hit Markets Clear

Foreclosure activity in April fell nationally to the lowest level since the summer of 2007, but government intervention and the recent $25 billion mortgage servicing settlement are now changing the face of the crisis. Foreclosure filings, which include default notices, … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosures Fall…And That’s a Bad Thing?

A new report came out this morning with a curious headline: “Foreclosure Activity Declines, Hurting Investors.” I read it twice. You would think declines in foreclosure activity would be a good thing, that is, would help, not hurt. Not in … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Short Sales: Necessary Compromise or Scamming the System?

I spent much of this week in Atlanta, which is currently one of the worst housing markets in the nation. Atlanta home prices are down 17 percent annually, according to the SP/Case-Shiller Home Price Index, thanks to a glut of … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Flood of Foreclosures Still Fails to Materialize

The number of homes entering the foreclosure process rose in March, up 8.1 percent, according to a new report from lender Processing Services, but the volume is down more than 30 percent from a year ago. Analysts had expected this … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Foreclosure Activity Returns in Majority of US Markets

Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac, an online foreclosure sales and data … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off