Why The New Wave Of Foreclosures Is Good News For Homeowners

Today RealtyTrac released its May foreclosure report and the numbers aren’t great.

Foreclosure Activity Jumps in Troubling Sign for Housing 'Recovery'

The housing market has shown some promising signs of late, but a fresh batch of foreclosure data offers a reminder that any recovery from the housing bust will likely be slow, spotty and painful.

Foreclosure Activity Jumps in Troubling Sign for Housing 'Recovery'

The housing market has shown some promising signs of late, but a fresh batch of foreclosure data offers a reminder that any recovery from the housing bust will likely be slow, spotty and painful.

Disposing of Distress Differently

We noticed some interesting numbers that clearly demonstrate how lenders are changing the way they dispose of distressed properties — moving away from bank repossession and toward short sales.

April Settlement Brings May Foreclosures

The most notable statistic in the RealtyTrac May 2012 U.S. Foreclosure Market Report released today was the year-over-year increase in foreclosure starts following 27 months of annual declines.

Foreclosure Activity on the Rise in N.J.

Foreclosure activity is picking up in New Jersey, after being all but frozen as mortgage servicers dealt with accusations of abuses in their rush to evict homeowners.

Foreclosures Jump in Southwest Florida

Southwest Florida's foreclosure market continued its roller coaster ride in May as more properties fell delinquent but banks kept a tight hold of their release.

Georgia Jumps to National Lead in Foreclosure Rates

The buried lead – at least as far as this state is concerned – in the new housing report by RealtyTrac:

Miami-area Foreclosures up 11% in May

Foreclosures rose 11 percent in May in the Miami-Fort Lauderdale-Pompano Beach area, marking the sixth consecutive year-over-year increase, according to RealtyTrac.

Foreclosure activity jumps in troubling sign for housing recovery

The housing market has shown some promising signs of late, but a fresh batch of foreclosure data offers a reminder that any recovery from the housing bust will likely be slow, spotty and painful.

Inland Empire Posts Highest Foreclosure Rate of Big Metro Areas

The Inland Empire had the highest foreclosure rate out of the nation’s 20 biggest metropolitan regions last month, according to RealtyTrac.

Home Foreclosure Rates on the Rise Again

U.S. home foreclosure filings increased 9 percent last month over April, according to a new report from RealtyTrac, an online marketplace that tracks foreclosures.

Illinois Foreclosures Rise 29 Percent in May

Illinois home foreclosure activity rose 29 percent in May compared to the previous month and is 54 percent higher than May of 2011.

Foreclosures Jump in Southwest Florida

Southwest Florida's foreclosure market continued its roller coaster ride in May as more properties fell delinquent but banks kept a tight hold of their release.

Foreclosure Activity on the Rise in N.J.

Foreclosure activity is picking up in New Jersey, after being all but frozen as mortgage servicers dealt with accusations of abuses in their rush to evict homeowners.

Inland Empire Posts Highest Foreclosure Rate of Big Metro Areas

The Inland Empire had the highest foreclosure rate out of the nation’s 20 biggest metropolitan regions last month, according to RealtyTrac.

Disposing of Distress Differently

We noticed some interesting numbers that clearly demonstrate how lenders are changing the way they dispose of distressed properties — moving away from bank repossession and toward short sales.

Georgia Jumps to National Lead in Foreclosure Rates

The buried lead – at least as far as this state is concerned – in the new housing report by RealtyTrac:

Miami-area Foreclosures up 11% in May

Foreclosures rose 11 percent in May in the Miami-Fort Lauderdale-Pompano Beach area, marking the sixth consecutive year-over-year increase, according to RealtyTrac.

Home Foreclosure Rates on the Rise Again

U.S. home foreclosure filings increased 9 percent last month over April, according to a new report from RealtyTrac, an online marketplace that tracks foreclosures.