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The RealtyTrac report said more than 74,000 properties were repossessed by lenders in February as the worst recession in decades, falling home values and stricter lending standards continue to sap the U.S. real estate market. Nevada, Arizona, California and Florida had the nation’s top foreclosure rates.
RealtyTrac released its 2015 Year-End U.S. foreclosure market report January 14, finding foreclosures at a nine-year low. Foreclosure filings, which include default notices, scheduled auctions and.
RealtyTrac’s U.S. Foreclosure Market Report for August shows foreclosures, including default notices, scheduled auctions and bank repossessions were reported on 338,836 properties nationwide for the month. One in 381 housing units received a foreclosure filing in August.
That number represents a rise of 3% month-over-month, and a decline of 19% year-over-year. In January of this year, 210,941 foreclosures were filed. That equates to one in every 706 housing units.
Getting to 240,000 — 266 Borrowers at a Time Foreclosure increase on the horizon – It generally takes three months to a year from the time a borrower receives a notice of default. to avert as many foreclosures as possible. So far, more than 240,000 distressed borrowers have been.
based foreclosure listings company reported. That was down more than 2 percent from January Still. threatened with foreclosure last year, RealtyTrac said, and the number is expected to rise to more.
Foreclosure filings – default papers, auction sale notices and repossessions – reached 803,489 in the first quarter, according to RealtyTrac. That is a 24% jump over a year earlier and a 9%.
The latest figure is also down 36 percent from 2010, when foreclosure filings peaked. But while the picture looked positive nationwide, the foreclosure tracking firm found that that wasn’t the.
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Newly scheduled residential foreclosure auctions in New York. than that. RealtyTrac reported a slight, 1 percent increase in nationwide foreclosure filings – including default notices, scheduled.
Report methodology The ATTOM Data Solutions U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the ATTOM Data Warehouse during the month. Some foreclosure filings entered into the database during the month may have been recorded in previous months.
U.S. foreclosure filings edged up 3% in January as judicial foreclosure states began to see a thaw in delayed foreclosure activity, RealtyTrac said. The Irvine,Calif.-based firm said foreclosure.
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There are signs the foreclosure logjam is starting to break up. So says Daren Blomquist of RealtyTrac. He talks to John Wordock about a 3% rise for January, and what may lie ahead for California.
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