foreclosures: 5 States Home To 50% Of Foreclosure Activity Nationwide
- 08/10/12 02:46 AM
Foreclosure pipelines are re-filling nationwide. According to data fromRealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 192,000 in July 2012, a 3 percent decrease from the month prior. RealtyTrac defines a "foreclosure filing" as any foreclosure-related action, including a Notice of Default, a Scheduled Auction, or a Bank Repossession. July marks the 22nd straight month during which foreclosure filings fell on a year-over-year basis. At some point soon, however, that streak may end. This is because, for the third straight month, on an annual basis, foreclosures starts are on the rise. More than 98,000 homes started the … (3 comments)
foreclosures: Foreclosure Starts Rise For Second Straight Month
- 07/17/12 03:37 AM
The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac. There were 1.046 million foreclosure filings between January - June 2012, says the foreclosure-tracking firm in its Midyear 2012 Foreclosure Market Report. The tally represents a 2 percent increase from the immediate six months prior. A "foreclosure filing" includes all of the following foreclosure-related actions : (1) Default notices, (2) Scheduled auctions, and (3) Bank repossessions. One notable fact from within the report is that, even as the number of repossessed homes dropped nationwide, the number of homeowners receiving a Notice of Default … (1 comments)
foreclosures: Georgia Takes Top Foreclosure Spot For First Time Since 2006
- 06/15/12 03:58 AM
According to foreclosure data firm RealtyTrac, the number of foreclosure filings nationwide rose 9 percent in May as compared to April 2012. Filing topped 200,000 units for the first time in 3 months. The term "foreclosure filing" is a catch-all term comprising default notices, scheduled auctions, and bank repossessions. On average, 1 in every 639 U.S. homes receiving a foreclosure filing in May. As in most months, foreclosure activity was concentrated by state. Just 6 states accounted for more than half of the nation's total filings. Those six states were : California : 13.6% of all repossessions Florida : 11.0% of all repossessions Georgia : 9.8% … (0 comments)
foreclosures: Foreclosures Fall To 5-Year Low
- 05/30/12 02:53 AM
Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied fewer than 189,000foreclosure-related actions last month -- the fewest number since July 2007. Rapidly-declining foreclosure figures are another signal that the U.S. housing market may already be in recovery. According to RealtyTrac's methodology, a "foreclosure filing" is any one of the following foreclosure-related events : (1) A default notice on a home; (2) A scheduled auction for a home; or, (3) A bank repossession of a home. All three showed … (0 comments)
foreclosures: Nevada Relinquishes “Top Foreclosure State” Title
- 04/19/12 03:01 AM
According to foreclosure-tracking firm RealtyTrac, foreclosure filings fell to 199,000 in March 2012, a 17 percent decrease from March 2011. Last month marks the first time since July 2007 that foreclosure filings numbered less than 200,000 on a monthly basis -- a span of nearly 5 years. The generic term "foreclosure filing" is used to group all types of foreclosure activity into a single reading. It includes default notices, scheduled auctions, and bank repossessions. As in most months, foreclosure density varied by region. 6 states accounted for more than half of the nation's repossessed homes in March. Florida : 13.6 percent … (1 comments)
foreclosures: Foreclosure Volume Slated To Rise This Spring
- 03/16/12 02:47 AM
After a series of months during which foreclosure volume was low, total filings have started to rise again, says RealtyTrac. In February, 21 states posted a year-over-year increase in monthly foreclosure filings, according to the national foreclosure-tracking firm. This is nearly twice as many states as compared to December 2011, marking the highest monthly reading since November 2010. A "foreclosure filing" is defined to include any one of the following foreclosure-related events : (1) The serving of a default notice, (2) A scheduled home auction, or (3) A bank repossession. Nationally, the number of foreclosure filings fell 2 percent from January. … (0 comments)
Foreclosure pipelines are re-filling nationwide.
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