Tag Archives: California

RealtyTrac Second Quarter Foreclosure Report

RealtyTrac®  released its Q2 2012 U.S. Foreclosure Sales Report™ today, which shows that sales of homes that were in some stage of foreclosure or bank-owned (REO) accounted for 23 percent of all U.S. residential sales during the second quarter — up from 22 percent of all sales in the first quarter and up from 19 […]

Foreclosures Up in May from April, But Down from May 2011

RealtyTrac (www.realtytrac.com) reports that foreclosures rose 9% from April to May 2012 but were down 4% compared to May 2011. Overall foreclosure filings — defaults, scheduled auctions and bank repossessions — numbered 206,000 or one in every 639 homes in the US for the month of May.  The process of working down the inventory continues. […]

City Peaks and Troughs

Along with the three composites — national, 10-city and 20-city — four cities also set new lows in the December data.   The four were Tampa, Las Vegas, Seattle and Atlanta.  The first two of these are among the consistently weak sunbelt while the other two were reasonably stable until the last six months.  In both Atlanta […]

Quarter of all 4th Quarter Home Sales Were in Foreclosure

Realty Trac’s 2011 Foreclosure sales report reveals that 24% of home sales in the 2011 4th quarter were in some stage of foreclosure or bank-owned properties.  These sales totaled 204,000, down 8% from the third quarter and down 2% from the 2010 fourth quarter. For all of 2011, foreclosure and bank-owned sales totaled 907,100, down 2% […]

Foreclosures Continue to Decline

RealtyTrac reports that foreclosure activity across the US in December and the full year 2011 dropped sharply. Foreclosure filings in 2011 totaled 2.7 million, down 34% from 2010 and 33% below 2009 and 19% below 2008.  Overall 1.45% of US homes experienced a foreclosure filing, about one in every 69 houses. Comparable percentages for earlier […]

Will Good Economic News Reach Housing? S&P/Case-Shiller Due Tuesday Dec 27th

Much of the recent economic news has been good: housing starts were sharply higher and new home sales rose in November as did existing home sales after revisions.  Labor market numbers are also looking better with initial unemployment claims under 400,000 for three weeks in a row.  While housing will recover someday, that moment may not […]

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