Foreclosure Starts May 2018

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On June 19, 2018, Attom Data solution reported that nationwide 33,623 foreclosure started started in May of 2018 lower 1.0% from April of 2018, and fell 6.0% from May of 2018. While, there were 71, 949 foreclosure filings in May of 2018, higher 12.0% from April of 2018, but declined 12.0% from May of 2018. One in every 1,863 homes were in foreclosure, and State of New Jersey had the highest rate one in every 643 homes in foreclosure filing during May of 2018. Lenders repossessed 21,312 REOs in May of 2018, jumped 50.0% from April of 2018, but dropped 21.0% from May of 2017.

For complete more detailed information about foreclosures activities in May of 2018, please HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
4,536,909
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for the report, John.  Interesting foreclosure stats for May.

Jul 01, 2018 04:52 AM #1
Rainmaker
4,231,884
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jul 01, 2018 07:47 AM #2
Rainmaker
2,500,064
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Gabe Sanders glad you find the foreclosure report interesting. Thanks for the comment.

Jul 01, 2018 09:22 AM #3
Rainmaker
2,500,064
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Gita Bantwal glad you find the report very helpful. Thanks for the comment.

Jul 01, 2018 09:23 AM #4
Rainmaker
28,775
Rae Dolan
Buying Katy / Rae Dolan - Katy, TX
Real estate agent serving the Katy area

Houston saw a huge spike in foreclosures in May as well. I think it was up over 130%. Which wasn't shocking. Harvey flooded over 200K homes and mortgage forebearance programs have started ending. 

Jul 01, 2018 05:48 PM #5
Rainmaker
2,500,064
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rae Dolan I agree, Hurricane Harvey caused many foreclosure in Houston. Mortgage forbearance helped many homeowners. Thanks for the comment.

Jul 01, 2018 06:00 PM #6
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
2,500,064

John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
*
*
*
*
Spam prevention