Today, RealtyTrac announced that lenders repossessed 93,000 homes in July — 9 percent more than in June, and up 6 percent since 2009. Again, California had the most filings, and Nevada had the highest foreclosure rate, for the 43rd straight month.
Today, RealtyTrac reported that foreclosure notices increased in three out of four metro areas — cities with more than 200,000 residents — in the first six months of the year, compared with the first six months of 2009. The cities and states with the biggest bubbles and biggest collapses remained More…
In another sign that the foreclosure crisis might have peaked, foreclosure filings declined 3 percent in May, RealtyTrac reported this morning. Florida, Nevada, California and Arizona remain the hardest-hit states. From the report:
“The numbers in May continued and confirmed the trends we noticed in April: overall foreclosure activity
RealtyTrac reports that foreclosures reached their highest-ever level in March: “[F]ilings were reported on 367,056 properties in March, an increase of nearly 19 percent from the previous month, an increase of nearly 8 percent from March 2009 and the highest monthly total since RealtyTrac began issuing its report in More…
There’s more proof out today that the foreclosure crisis is only getting worse, despite everything that’s been thrown at it so far: Foreclosure notices reached a new record high during the first half of this year, Bloomberg reports.
Citing data from RealtyTrac, an online foreclosure database, Bloomberg said More…
Foreclosures jumped again in April, setting another record and providing more evidence that the housing crisis shows little sign of slowing down. RealtyTrac, which collects foreclosure data, reported a record 342,000 homes received notices of default, auction sales, or bank repossessions in April. That’s a 32 percent increase over More…
I’ve been meaning to talk about this all week, but that pesky little AIG debacle served as quite a distraction. Anyway, as TWI has reported, there are other scandals concerning bank behavior that also are worth examining. And one of the biggest is the way banks handle their More…
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