More than half of US metros post higher foreclosure activity

Mortgage and Lending NMLS 291249


July 26, 2012, 6:30 am PST

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More than half of US metros post higher foreclosure activity By Kerri Ann Panchuk
Foreclosure activity in the first half of 2012 picked up in 125 of the 212 U.S. metros surveyed by RealtyTrac in the research firm's latest Foreclosure Market Report.
Despite foreclosure increases in many markets, 129 metros still experienced year-over-year declines in foreclosure activity, according to the Irvine, Calif-based real estate research firm.>> Read More Housing Wire


Home Prices Continue Gradual Rise, but is Calling a Bottom Premature?
There was general agreement on the increase in home price levels in May in data released from by two different sources this morning>> Read More in Mortgage News Daily


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Dan Hopper
RE/MAX Alliance, - Westminster, CO
Denver Realtor Advocate/Short Sale

Yes, Bill .... foreclosure notices have picked up in our Metro area of Denver, in 3 counties over last year at this same time.  But we predicted that would happen, last December.  With all of the communication with distressed homeowners 5-6 months ago... so many were 4-10 months behind without any notices received.  So, you knew the banks were going to let loose soon.... and they are!!

Jul 26, 2012 06:41 AM #1
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Bill Ladewig

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