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Posts Tagged ‘ FORECLOSURES ’

MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased

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MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased

From the MBA: Delinquencies Decline in Latest MBA Mortgage Delinquency Survey The delinquency rate for mortgage loans on one- to four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter of 2017.  The delinquency rate was down nine basis points from...
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Report: Foreclosures Increase in January, “Clearing the deck”

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Report: Foreclosures Increase in January, “Clearing the deck”

Note: Data from other sources suggest most of the loans on these properties were originated almost a decade ago.  Still “clearing the deck” after the storm. From RealtyTrac: U.S. Foreclosure Activity Increases 5 Percent in January Driven By 15-Month High in Bank Repossessions RealtyTrac® … today released its U.S. Foreclosure Market Report™ for January 2015,...
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DataQuick: SoCal Home Sales “Jump” in July, Fewest Foreclosures since 2007

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DataQuick: SoCal Home Sales “Jump” in July, Fewest Foreclosures since 2007

CR Note: So far the regional data suggests a strong increase for existing home sales in July. If so, my guess is there was a rush to close while buyers had mortgage rates locked in – and sales will decline in August. From DataQuick: Southland Home Sales Jump in July Southern California home sales surged in...
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California Counties Top Foreclosure List

California Counties Top Foreclosure List

With Inland Empire foreclosures at pre-recession lows, Riverside County’s foreclosure rate dropped to No. 21 statewide in April. A total 1,403 mortgage default notices, auction sale notices and bank repossessions were recorded in April, meaning 1 in 566 households was in some stage of foreclosure, according to Irvine-based RealtyTrac. Of those, 45 were from...
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CoreLogic House Price Index Up 10.5%

CoreLogic House Price Index Up 10.5%

CoreLogic today released its March CoreLogic HPI report. Home prices nationwide, including distressed sales, increased 10.5% on a year-over-year basis in March 2013 compared to March 2012. This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales,...
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Tennessee Foreclosures Down

Tennessee Foreclosures Down

In Shelby County, there were 1,030 total foreclosures in the first quarter this year, according to real estate information company Chandler Reports.  That’s down from 1,252 foreclosures during the same period in 2012 – a drop of 17%.  Pull back one year before that, though, and the number of foreclosures had spiked to 1,235...
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Zombie Foreclosures

Zombie Foreclosures

Hundreds of thousands of homes in the US are now labeled as “zombie” foreclosures. That’s when the owner of a foreclosed home leaves only to find out years later that he or she still legally owns the home and is on the hook for property taxes and other fees. Such cases occur in more...
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5 Reasons Real Estate Prices Have Been Rising

5 Reasons Real Estate Prices Have Been Rising

Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest gain in six years, according to a report released Monday by Lender Processing Services. Compared with one year ago, prices are up by 17.7% in Phoenix, the largest gain among the nation’s 40 largest...
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65% of Housing Markets Worse Than Four Years Ago

65% of Housing Markets Worse Than Four Years Ago

Sixty-five percent of U.S. housing markets are worse off today than they were four years ago according to the California-based real estate research firm RealtyTrac. The results of the survey arrive the same day as the final presidential debate and just weeks before the general election. Read the rest of 65% of Housing Markets...
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A Stunning Map of How Foreclosures Ate America

A Stunning Map of How Foreclosures Ate America

We’ve all heard that the housing bubble’s pop led to thousands of foreclosures, but its interactive maps like this that really show how prevalent the problem was — and still is. Part of a project on 30 election issues, the map below uses data from RealtyTrac to display foreclosure rates by county. The darker...
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