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Foreclosure Activity Drops 3 Percent in May; 15th Consecutive Month of Over 300,000 Foreclosure Actions

 

Dennis Norman

The good news is, foreclosure activity for the U.S. in May decreased by 3 percent according to a report released by RealtyTrac.  The bad news is, May marked the 15 th consecutive month where the overall foreclosure activity has surpassed 300,000 actions; that’s about 4 million foreclosures in the past 15 [...]

Foreclosure Activity Decreases 9 Percent in April

RealtyTrac® released its U.S. Foreclosure Market Report™ for April 2010, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 333,837 U.S. properties during the month of April, a decrease of 9 percent from the month before and a 2 percent decrease from April, 2009. This is welcomed news [...]

Foreclosures Still On The Rise – Some Improvement in Hardest Hit Areas Though

RealtyTrac® released its  U.S. Foreclosure Market Report™ for the first quarter of 2010, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 932,234 U.S. properties during the first quarter of 2010, an increase of 16 percent from the first quarter of 2009 (which, I should remind you, was [...]

Foreclosures Decrease Slightly in February

For the 12th Straight Month over 300,000 properties received a foreclosure filing in February;

RealtyTrac® released its February 2010 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 308,524 U.S. properties during the month of February, a decrease of 2 percent from the previous [...]

U.S. Foreclosure Activity Decreases 10 Percent in January

Overall Activity Up 15 Percent From January 2009, REOs Up 31 Percent From January 2009; More Than 300,000 Properties Receive Foreclosure Filings for 11th Straight Month

RealtyTrac® today released its January 2010 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 315,716 U.S. properties [...]

Las Vegas, Cape Coral, Merced Foreclosure Rates Highest Among Major Metro Areas in 2009

Dennis Norman

Top 20 Cities Are From California, Florida, Nevada and Arizona; Utah, Illinois, Oregon, Idaho Cities Indicate Foreclosure Problem Is Spreading.

Today RealtyTrac® released its year-end 2009 Metropolitan Foreclosure Market Report which shows that cities in four Sun Belt states accounted for all top 20 foreclosure rates in 2009 among metro areas with a population [...]

Record number of foreclosures in 2009

Dennis Norman

December’s foreclosure actions mark tenth straight month of over 300,000 notices and drive the 2009 total to over 3.9 Million notices on over 2.8 Million properties.

This morning RealtyTrac® released its year-end U.S. Foreclosure Market Reporttm for the year 2009.

 The report shows a total of 3,957,643 foreclosure filings (default notices, scheduled [...]