RealtyTrac: Foreclosures Account For 24% Of 4Q US Home Sales Vs 26% Year Earlier

Sales of U.S. homes that are owned by banks or in some stage of foreclosure accounted for a smaller share of total home sales in the fourth quarter compared with a year earlier, according to market researcher RealtyTrac.

RealtyTrac: Foreclosures Account For 24% Of 4Q US Home Sales Vs 26% Year Earlier

Sales of U.S. homes that are owned by banks or in some stage of foreclosure accounted for a smaller share of total home sales in the fourth quarter compared with a year earlier, according to market researcher RealtyTrac.

Foreclosure Sales a Sign of What's to Come

There's good and bad news on the foreclosure front: Foreclosure-related sales rose in the last quarter of 2011 but fell slightly year-over-year, according to RealtyTrac's latest U.S. foreclosure sales report.

Foreclosures Made Up One in Four Home Sales

Homes in some stage of foreclosure accounted for nearly one in four homes sales during the fourth quarter, according to RealtyTrac.

Chasing Shadow Inventory: Sloppy Foreclosures and Unintended Consequences

The specter of shadow inventory continues to loom over the housing market, despite an undeniable decrease in the actual shadow inventory numbers.

Foreclosure Sales a Sign of What's to Come

There's good and bad news on the foreclosure front: Foreclosure-related sales rose in the last quarter of 2011 but fell slightly year-over-year, according to RealtyTrac's latest U.S. foreclosure sales report.

Foreclosures Made Up One in Four Home Sales

Homes in some stage of foreclosure accounted for nearly one in four homes sales during the fourth quarter, according to RealtyTrac.

Chasing Shadow Inventory: Sloppy Foreclosures and Unintended Consequences

The specter of shadow inventory continues to loom over the housing market, despite an undeniable decrease in the actual shadow inventory numbers.

Louisiana Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,870 Louisiana properties in January, a 27 percent increase from December, but still 12 percent below the level reported for January 2011.

Texas Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 9,085 Texas properties in January, a 6 percent increase from December.

Florida Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 24,783 Florida properties in January, a 1 percent increase from December and 14 percent above the level reported for January 2011.

Minnesota Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 3,017 Minnesota properties in January, a 15 percent increase from December and 17 percent above the level reported for January 2011.

Virginia Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 3,033 Virginia properties in January, a 9 percent increase from December.

New Jersey Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,734 New Jersey properties in January, a 63 percent increase from December, but still 69 percent below the level reported for January 2011.

Arizona Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 8,749 Arizona properties in January, a 14 percent increase from December, but still 44 percent below the level reported for January 2011.

Colorado Foreclosure Activity Rises in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 4,228 Colorado properties in January, a 21 percent increase from December, but still 15 percent below the level reported for January 2011.

North Carolina Foreclosure Activity Falls in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 2,541 North Carolina properties in January, a 7 percent decrease from December and 16 percent below the level reported for January 2011.

Tennessee Foreclosure Activity Falls in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 2,107 Tennessee properties in January, a 33 percent decrease from December and 39 percent below the level reported for January 2011.

California Foreclosure Activity Drops in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 51,584 California properties in January, a 2 percent decrease from December and 23 percent below the level reported for January 2011.

Nevada Foreclosure Activity Drops in January

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 5,931 Nevada properties in January, an 8 percent decrease from December.