313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwide. June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon. The states with the highest foreclosures per … (3 comments)
foreclosures: For The First Time In Several Years Foreclosure Activity Slows
- 05/13/10 06:56 AM
<!-- Blog Content --> <!-- POST 10208--> Foreclosure Activity Slows For The First Time In Several Years The national foreclosure rate is finally falling. According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010. 2 percent may not seem like much, but it's the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped. To be sure, foreclosure rates remain elevated -- more than 300,000 were reported last month, but default notices appear to be approaching a plateau. The RealtyTrac report shows some other interesting statistics, … (4 comments)
Foreclosure filings rose close to 20 percent nationwide last month versus February, according to foreclosure-tracking firm RealtyTrac.com, and for the 13th straight month, total filings topped 300,000. In addition, bank repossessions reached an all-time, quarterly record. Through the first three months of 2010, banks reclaimed more than 257,000 homes. Nonetheless, 4 states dominated foreclosure activity nationwide. California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions. It's a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population. … (1 comments)
foreclosures: Foreclosures
- 03/11/10 05:19 AM
Foreclosures Per Capita | February 2010 According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing. It's a small improvement from January and a just 6 percent increase over February 2009. On a per-capita basis, foreclosure density varied by state: Nevada : 1 foreclosure filing per 102 homes Florida : 1 foreclosure filing per 163 homes Arizona : 1 foreclosure filing per 163 homes California : 1 foreclosure filing per 195 homes Also, as in January 2010, foreclosures across the country were concentrated. … (0 comments)
foreclosures: Severity of the Foreclosure Crisis
- 02/11/10 04:42 AM
In Pictures: The Severity Of The Foreclosure Crisis Depends On Where You Live Foreclosures stories dominate the national housing news. It seems at least one foreclosure-related story makes its way to the front page or the nightly news every week. But for as much as the foreclosure filing statistics can be astounding -- over 300,000 homes were served last month alone -- the prevalence of foreclosures depends on where you live. As reported by RealtyTrac, just 4 states accounted for more than half of the country's foreclosure-related activity last month. California : 22.7 percent of all activity Florida : 14.9 percent … (2 comments)
Like real estate, it appears that foreclosure activity is a local phenomenon, too. As reported by RealtyTrac.com, more than half of all foreclosure-related activity in 2009 came from just 4 states: California Florida Arizona Illinois More than 1.4 million filings made in 2009 are attributed to the above states. Furthermore, each ranks in the Top 10 for 2009 Foreclosures Per Capita. The other states are Nevada, Utah, Georgia, Idaho, Michigan and Colorado. Versus 2008, foreclosures are up 21 percent nationwide and that's a big number, but a deeper look at RealtyTrac's annual reports reveals a more positive undertone on … (3 comments)
foreclosures: Foreclosure Activity Falls Again!
- 12/10/09 06:01 AM
<!-- Blog Content --> <!-- POST 4039--> Foreclosure Activity Falls For The 4th Straight Month Since peaking in July 2009, national foreclosure activity has dropped through 4 consecutive months. On a month-to-month basis, November's foreclosure activity fell another 8 percent. However, national foreclosure activity continues to be dominated by a minority of states. As reported by RealtyTrac.com, more than half of November's foreclosure-related activity sourced from just 4 states: California Florida Illinois Michigan These are the same 4 states that topped October's foreclosure activity despite three of them posting month-to-month declines last month. The remaining Top 10 states in terms of total … (1 comments)
foreclosures: Will There Be Any Foreclosure Deals Left?
- 11/13/09 06:15 AM
. <!-- Blog Content --> <!-- POST 3982--> Will There Be Any Foreclosure Deals Left? For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states. As reported by RealtyTrac.com, more than half of October's foreclosure-related activity came from just 4 states: California Florida Illinois Michigan The remaining Top 10 states in terms of total foreclosure activity included Arizona, Georgia, Texas, Ohio, New Jersey, and Maryland. Foreclosures are up 19 percent from last October, but a deeper look at the RealtyTrac report revealed two positive developments for the housing market. Foreclosure activity is down … (0 comments)
Foreclosure Activity Slows Again In June 2010 July 15, 2010 by · Leave a Comment 
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