Dennis Norman
I remember, not that long ago, when 300,000 foreclosures in a month would have seemed unreal. However, July now marks the 17th consecutive month that there have been foreclosure filings exceeding 300,000 for the month.
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Dennis Norman According to a report released this morning by RealtyTrac there were 1,961,894 foreclosure filings in the first six months of 2010 on 1,654,634 housing units in the U.S. This reflects a 5 percent decrease from foreclosure activity for the prior 6 month period but is an 8 percent increase from the same [...]
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 months. [...] 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 [...] 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 [...] Dennis Norman This morning RealtyTrac® released its U.S. Foreclosure Market Reporttmfor the third quarter of 2009, which shows that foreclosure filings (default notices, scheduled auctions and bank repossessions) were reported on 937,840 properties in the third quarter which represents a 5 percent increase from the prior quarter and an increase of almost 23 percent [...] Dennis Norman The foreclosure rate in the U.S. for the month of August, 2009 was 2.86 percent, a 73.3 percent increase from August, 2008 when the rate was 1.65 percent according to a report released yesterday by First American CoreLogic. In addition, the report showed that the number of borrowers that are seriously delinquent [...] By: Dennis Norman According to a report issued by RealtyTrac(R), there were 1,905,723 foreclosure filings (default notices, scheduled auctions and bank repossessions) on 1,528,364 U.S. properties in the first six months of 2009, a 9% increase in total properties from the previous six months and a 15% increase in total properties from the first six months [...] Dennis Norman By: Dennis Norman According to a report issued by RealtyTrac(R), foreclosure filings (default notices, scheduled auctions and bank repossessions or REO’s) were reported on 321,480 U.S. properties for May. This is a decrease of 6% from April but is still up nearly 18% from a year ago. The states of Nevada, California [...] Dennis Norman By: Dennis Norman According to a report issued by the Center for Responsible lending, the number of homes that have had foreclosure proceedings begun on this year broke the 1 million mark this past weekend. The Center for Responsible lending website has a rather depressing “foreclosure meter” that shows, in real time [...] By: Dennis Norman Today Bloomberg.com reported that, based upon data from RealtyTrac Inc., foreclosures in the US were up 81% last year with a total of 2.3 million foreclosures. According to RealtyTrac Inc this is the largest number of foreclosures they have documented in the four years they have been tracking foreclosures. RealtyTrac Inc data indicates Nevada [...] |
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