Articles, tagged with "realtytrac", page 1
Foreclosure filings decline in October
The US economy is in the depth of deep economic turmoil. Unemployment is at an al-time high and as people lose jobs, they are faltering on mortgage payments. Hence, foreclosures have become common. The real estate market is in the throes of a crisis. Yet ...
Is The US Housing Market On The Road To Recovery?
With a couple of years of bleak data from the U.S. residential real estate market, this month’s numbers continues to be varied. Is recovery truly in the works? Here is what the statistics state:
Foreclosures
According to figures from real estate dat...
REO Listings Update: 2010's Record-Breaking Year
The Final Foreclosure Numbers on Last Year
As predicted by numerous housing experts, 2010 was another record-breaker in terms of numbers of foreclosures and bank REOs. For the first time since foreclosure numbers began to be recorded, over a million ...
Record Foreclosures for 2010: Stopping Foreclosure in Bankruptcy
The most recent foreclosure report from Realtytrac indicates that foreclosures in the United States have hit record levels in 2010. This is all the more astounding, given the self-imposed moratorium on foreclosure proceedings by several of the major home...
Home foreclosures in 2010 top 1 million for first time
BANKS SEIZED more than a million U.S. homes in one year for the first time last year, despite a slowdown in the last few months as questions around foreclosure processing arose, a leading firm said on Thursday.
Banks foreclosed on 69,847 properties in...
REO Listings: More Americans Interested In Buying REO Properties
A New "Tidal Wave" of Foreclosures Predicted in Early 2011
A new survey by RealtyTrac and Trulia, two online real estate powerhouses reveals that more and more Americans are realizing the benefits of buying REO properties.
49 percent of those survey...
Buying a Foreclosure Property Below Market Value: Five Tips from the Pros
Buying a Foreclosure Property Below Market Value: Five Tips from the Pros
House hunting can be a very daunting experience, especially in today’s real estate market. Both investors and home buyers have been priced out of the market by escalating costs, a...
REO Listings: Stopping Foreclosures Will Threaten Housing Recovery
Economic Experts Decry Push to Freeze Foreclosures; Inventory Still Huge
REO sales have become an increasingly important sector of the real estate market, especially in states that have been hardest hit by the housing crisis. For example, foreclosure ...
5 tips on buying a foreclosed home
1. Finding one has become easier
You don’t need to show up at courthouse auctions or comb through legal filings. These days many banks sell foreclosed homes through real estate agents.
To find listings, look on sites that specialize in foreclosed pr...
Residential Foreclosures Down in California for first half of year
Residential house foreclosures in California in the first half of 2010 had been down 5% from the last six months in 2009. Even so, the only reason this happened was because loan providers have been approving short sales. That is, enabling the home owner t...
Foreclosures at Record Levels
The numbers are sobering – banks had foreclosed on 95,364 houses – the highest figures in a month since the last five years RealtyTrac has been keeping tabs on the foreclosure market. The number is near to the number of houses that banks took over from...
Mayfair Group: Which is the best option- foreclosure, short sales or new homes?
Mayfair Group: Which is the best option- foreclosure, short sales or new homes?
Home buyers are getting more and more aware of the various options available in property market. In U.S. an increased supply of foreclosure homes in 2009 raised awareness a...
Fort Lauderdale Foreclosure Help - Almost 3 Million Homeowners Receive Foreclosure Notices in 2009
The amount of homeowners in the United States who received foreclosure notices in 2009 is staggering and reached a record setting number of almost 3 million. This is leaving many people to wonder what can be done for the millions of people who are fallin...
The Continuation of the Foreclosure Crisis Needs to be AnalyzedThe Continuation of the Foreclosure C
The continuation of the foreclosure crisis needs to be analyzed. One of the major reasons is increasing unemployment. Coupled with this is the spike in interest rates. Some opine that the economy has reached a level but a new foreclosure wave is poised...
Foreclosed Homes Filings Rising Slowly
The foreclosure crisis has been hitting in waves for the past four years across the country in every state. No one is exempt from feeling the pinch that the current economic times have produced. In March the pace slowed to the slowest in four years. The n...