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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 5 Million, Bank Foreclosure, Bank Owned Homes, Bank Owned Pre Foreclosure, Banks, Delinquent Loans, Distressed Properties, Distressed Property, Distressed Sales, Foreclosure Homes, Foreclosure Process, Foreclosure Sales, Forgiveness, Housing Market, Inventories, Nahb, Processing Services, Realtytrac, Rough Winter, S Sales
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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 Borrowers, California Home Sales, Cash Purchases, Consumer Confidence, Dataquick, Delinquencies, Delinquent Properties, Dubious Distinction, Foreclosure Sales, Foreclosures, January 1st, John Walsh, Legal Changes, Lenders, Low Mortgage, Mortgage Rates, New Laws, Realtytrac, Southern California, Spectacular Job
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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 Backlog, Bidding Wars, Buyers And Sellers, Feds, Foreclosure Process, Foreclosure Sales, Foreclosures, Housing Bubble, Months Supply, Mortgages, New York City, Opportune Time, Orlando Florida, Palm Bay, Percentage Increase, Realtytrac, San Jose Ca, Vice President, York City Area, York Markets
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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 Auctions, Bank Repossessions, California Michigan, Crash, Footing, Foreclosure Sales, Foreclosures, Housing Market, Housing Units, Judicial Foreclosure, Mistake, New York Florida, Pennsylvania, Plunge, Second Quarter, Vice President
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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 Backdrop, Chief Economist, Corelogic, Declines, Delinquent Loans, Distressed Properties, Downward Pressure, First Three Months, Foreclosure Sales, Home Buyer, House Prices, Housing Market, Hungry Pack, Investor Demand, Mark Fleming, Pack Of Wolves, Pre Foreclosure, Supply Numbers, Waiting In The Wings, Wolves
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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 Bank Of America, Bank Owned Properties, Bank Repossessions, Brandon Moore, Default Notices, Document Processing, Fannie Mae, Fannie Mae And Freddie Mac, Financial Incentives, First Quarter Sales, Foreclosure Sales, Freddie Mac, Government Intervention, Housing Units, Judicial Foreclosure, Local Markets, Principal Reduction, Realtytrac, Streamlined Programs, Three States
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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 Bank Owned Homes, Bank Owned Reo, Borrowers, Ceo, Courthouse Steps, First Time Buyers, Foreclosure Sales, Foreclosures, Government Intervention, Housing Market, Limbo, Mortgage Payments, Negative Equity, New Legislation, Notice Of Default, O Toole, Pending Legislation, Radar Report, Reo Properties, Reo Sales
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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 Bank Owned Homes, Banks, Decline, Fannie Mae, Fannie Mae And Freddie Mac, Flood, Foreclosure Process, Foreclosure Sales, Fourth Quarter, Freddie Mac, Inventories, Mortgage Foreclosures, Pace, Portfolio Loans, Previous Year, Processing Services, Ramp, Realtytrac, Reo Sales, State Governments
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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 Brandon Moore, Chief Executive Officer, Culprits, First Three Months, Foreclosure Process, Foreclosure Rates, Foreclosure Sales, Hibernation, Inventories, Local Markets, Modesto California, Mortgage Delinquencies, National Numbers, New Mortgage, Phoenix Market, Quarterly Increase, Realtytrac, Settlement Agreement, Top Ten List, Tricky Business
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