In its first-ever U.S. Foreclosure Inventory Analysis, RealtyTrac revealed that 1.5 million U.S. properties were actively in the foreclosure process or bank-owned in the first quarter of 2013. This number was up 9% from the first quarter of 2012, but still down 32% from 2.2 million in December 2010, which represents the peak. "Delinquent loans … Continue reading RealtyTrac: Foreclosure activity rising in 2013
Month: March 2013
Real House Prices, Price-to-rent ratio, City prices relative to 2000
Tuesday, March 26, 2013Real House Prices, Price-to-Rent Ratio, City Prices relative to 2000by Bill McBride on 3/26/2013 12:12:00 PM Case-Shiller, CoreLogic and others report nominal house prices, and it is also useful to look at house prices in real terms (adjusted for inflation) and as a price-to-rent ratio. As an example, if a house price was … Continue reading Real House Prices, Price-to-rent ratio, City prices relative to 2000
Illinois Enacts Fast Track Foreclosure Law for Abandoned Residential Property
Illinois Enacts Fast Track Foreclosure Law for Abandoned Residential Property February 18, 2013 | Carolyn M. Artus, Esq. On February 8, 2013, Illinois Governor Pat Quinn signed into law legislation which will reduce the overall foreclosure process for abandoned residential property throughout Illinois to a period of 90 to 180 days. The law becomes effective … Continue reading Illinois Enacts Fast Track Foreclosure Law for Abandoned Residential Property
The Law Office of Beth Mann, P.C. 