While completed foreclosures on residential homes totaled 40,000 for April and have been steadily falling monthly for the last four years, they are still nearly double their pre-recession average per month, according to CoreLogic's April 2015 National Foreclosure Report released Tuesday. Completed foreclosures, which are a measure of homes actually lost to foreclosure, declined by … Continue reading Completed Foreclosures Decline But Remain At Double Pre-Recession Levels
Tag: realestate in 2014
Foreclosures Rise in January; Decline Yearly Author: Colin Robins February 13, 2014
RealtyTrac released its U.S. Foreclosure Market Report for January, 2014. The report noted an 8 percent increase of reported properties from the previous month, citing 124,419 properties in foreclosure filings (default notices, scheduled auctions, and bank repossessions). Year-to-year, January, 2014 represented an 18 percent drop from January, 2013. 1 out of 1,058 U.S. housing units had … Continue reading Foreclosures Rise in January; Decline Yearly Author: Colin Robins February 13, 2014
Monthly Foreclosure Activity Rises Eight Percent in January Thu, 2014-02-13 22:35 — NationalMortgage professional
RealtyTrac has released its U.S. Foreclosure Market Report for January 2014, which shows foreclosure filings were reported on 124,419 U.S. properties in January an eight percent increase from December but still down 18 percent from January 2013. The report also shows one in every 1,058 U.S. housing units had a foreclosure filing during the month.January marked the … Continue reading Monthly Foreclosure Activity Rises Eight Percent in January Thu, 2014-02-13 22:35 — NationalMortgage professional
Home Flipping Ramps Up in 2013 Author: Tory Barringer January 30, 2014
All data points to a continued decline in foreclosure stock last year, but that didn’t stop home flippers from stepping up their game.RealtyTrac released on Thursday its Year-End and Q4 2013 Home Flipping Report, which shows single-family home flips—in which a home is purchase and sold again within six months—totaled 156,862 last year, up 16 … Continue reading Home Flipping Ramps Up in 2013 Author: Tory Barringer January 30, 2014
Long Island Ranked Nation’s Hottest Market, Florida Metros Struggle Author: Colin Robins February 5, 2014
Pro Teck Valuation Services released on Tuesday January's Home Value Forecast (HVF), a measure of single family residential markets. Long Island was ranked the strongest market in the nation."Long Island leads Home Value Forecast's ranking as the hottest real estate market in the nation in our January Home Value Forecast," said Tom O'Grady, CEO of Pro Teck Valuation … Continue reading Long Island Ranked Nation’s Hottest Market, Florida Metros Struggle Author: Colin Robins February 5, 2014
Foreclosure and Renting to a New Tenant: Tenant Remedies If a landlord rents out property knowing it will soon be in foreclosure, what can the tenant do? by: Janet Portman, Attorney
The foreclosure crisis has affected many tenants, who learn mid-lease that their landlord has failed to pay the mortgage. And as the meltdown continues, new tenants are becoming the next wave of unintended victims, as landlords continue to rent to new residents in the face of looming foreclosure.Usually, when a landlord enters into a rental … Continue reading Foreclosure and Renting to a New Tenant: Tenant Remedies If a landlord rents out property knowing it will soon be in foreclosure, what can the tenant do? by: Janet Portman, Attorney
If your landlord is facing foreclosure, stay put By Karen Aho of MSN Real Estate
Outside of a doctor's office, few notices are more terrifying than an eviction.Since the housing bust, more than 8 million properties in this country have gone into foreclosure. An estimated 40% of the people living in those homes were, and are, tenants, according to RealtyTrac, a foreclosure marketplace, and the nonprofit National Low Income Housing … Continue reading If your landlord is facing foreclosure, stay put By Karen Aho of MSN Real Estate
The Complete Short Sale Process How a Short Sale is Handled from Listing to Bank Approval By Elizabeth Weintraub
The short sale process is still a mystery to many people, even after all these years. Lots of buyer's agents are confused; puzzled buyers are looking for direction, and not every short sale listing agent knows how to do a short sale. The Basics of a Short SaleBanks grant short sales for 2 reasons: the seller … Continue reading The Complete Short Sale Process How a Short Sale is Handled from Listing to Bank Approval By Elizabeth Weintraub
Pending Sales of U.S. Existing Homes Slump Most Since 2010 By Lorraine Woellert Jan 30, 2014 9:24 AM
Contracts to purchase previously owned homes in the U.S. plunged in December by the most since May 2010 as higher borrowing costs and bad weather held back sales.A gauge of pending home sales slumped 8.7 percent after a revised 0.3 percent drop in November that was initially reported as a gain, the National Association of … Continue reading Pending Sales of U.S. Existing Homes Slump Most Since 2010 By Lorraine Woellert Jan 30, 2014 9:24 AM
Dallas ranked 11th nationally for home foreclosures in 2013 By Steve Brown stevebrown@dallasnews.com
Texas has one of the lowest home foreclosure rates in the nation.Lenders foreclosed on 6,856 Dallas-area homes in 2013, according to a new report from CoreLogic Inc.That’s a decline of 39 percent from forced home sales in 2012, researchers at CoreLogic found.Last year the Dallas area ranked 11th nationally for completed home foreclosures. Atlanta was … Continue reading Dallas ranked 11th nationally for home foreclosures in 2013 By Steve Brown stevebrown@dallasnews.com
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