News on Realtytrac Inc.

Foreclosure home sales fall in 2010: RealtyTrac

2011-02-23T22:30:07Z

NEW YORK (Reuters) - Sales of foreclosed homes fell in 2010 as the market struggled with weak demand, though they still represented more than a quarter of total sales, according to a RealtyTrac report released on Thursday.

Sales of these distressed properties also fell in the fourth quarter, hurt by continued weakness...

U.S. home foreclosures rise in January

2011-02-09T21:30:06Z

NEW YORK (Reuters) - U.S. home foreclosures jumped 12 percent last month, but the sharp divide between states suggests the industry remains backlogged by investigations into the foreclosure process.

According to a report from real estate data firm RealtyTrac, l...

US foreclosures hit record 2.9 mn in 2010: analyst

2011-01-13T04:30:31Z

Banks moved to repossess a record 2.87 million US homes in 2010 as the two-year-old mortgage crisis continued to weigh heavily on the economy, foreclosure specialist RealtyTrac said.

Foreclosures hit 2.23 percent of all housing units in the country, or one out of 45, an increase from 2.21 percent in 2009, RealtyTrac said in its 2010 report.

But the pace of f...

Number of homes taken back by lenders tumbles

2010-12-15T22:00:15Z

Foreclosure-document flaws lead to sharp drop in homes taken back by lenders in November

The number of U.S. homes taken back by lenders dropped to the lowest level in 18 months in November, the result of foreclosure freezes enacted by several banks following allegations that evictions were handled improperly.

Home repossessions dropped 28 percent from October and 12 percent from November last year, foreclosure listing firm Report: US foreclosure sales fell, discounts rose in 3rd-qtr; further slowing likely in 4Q

The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes.

Foreclosure sales plunged 25 percent in the July-September quarter versus the April-June period and tumbled 31 percent from t...

October foreclosures fall as processing stalls

2010-11-12T10:00:59Z

WASHINGTON (Reuters) - The number of U.S. homes taken over by banks fell 9 percent in October as foreclosure processing was stalled by questionable paperwork, real estate data company RealtyTrac said on Thursday.

Banks foreclosed on 93,236 properties in October, sharply lower than September's record high ...

US homes lost to foreclosure drops 9 pct in Oct.

2010-11-10T21:30:19Z

US home repossessions slow in October as lenders grapple with allegations of document flaws

The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly.

Home repossessions dropped 9 percent from September to October, fore...

Foreclosure activity up across most U.S. metro areas

2010-11-05T06:51:28Z

...

Foreclosures up in Jackson, Gulfport-Biloxi, Miss.

2010-10-28T08:00:25Z

Foreclosures jump in Mississippi areas of Jackson, Gulfport-Biloxi during third quarter

Two Mississippi areas — Jackson and Gulfport-Biloxi — recorded increases in foreclosure actions against delinquent homeowners during the third quarter, a national tracking organization said Thursday.

Report: Most large US metro areas saw rise in foreclosure warnings between July-September

The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle — cities outside of the states that have shouldered the worst of the hou...

Lehigh Valley housing market sags in September

2010-10-26T10:46:20Z

...

Lenders Seize 288,345 Homes In Q3, But Challenges Await

2010-10-15T10:05:44Z

...

Dream Home To Foreclosure Nightmare

2010-11-02T12:27:59Z

...

Banks seize 288,000 homes in Q3, but challenges await

2010-10-15T10:13:08Z

...

U.S. September home foreclosures top 100,000 for 1st time

2010-10-13T21:30:29Z

WASHINGTON (Reuters) - The number of U.S. homes taken over by banks topped 100,000 for the first time in September, though foreclosures are expected to slow in coming months as lenders work through questionable paperwork, real estate data company RealtyTrac said on Thursday.

Banks foreclosed on 102,134 pr...

Banks seize 288K homes in Q3, but challenges await

2010-10-13T21:30:11Z

Lenders foreclose on 288K homes in third quarter, but many could be challenged in court

Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people without reading the documents.

A total of 288,345 properties were lost to foreclosure in the July-September quarter, according ...

Properties in Foreclosure Typically Sell for 26% Less Than Non-Distressed Homes

2010-10-04T20:40:03Z

...

Foreclosures Continue to Stymie Housing Recovery

2010-10-03T05:00:54Z

...

Foreclosures weighing less on local market

2010-09-30T22:29:16Z

...

Nearly one in four second-quarter home sales a foreclosure

2010-09-30T03:15:10Z

NEW YORK (Reuters) - Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said.

Banks stepped up foreclosures through the summer and will take over a record...

About 1 in 4 Q2 home sales a foreclosure: report

2010-09-29T21:30:07Z

Banks stepped up foreclosures through the summer and will take over a record...

Home sales, prices hold; foreclosures up sharply

2010-09-21T15:04:14Z

...

Banks take over record number of homes in August

2010-09-16T01:45:05Z

NEW YORK (Reuters) - A record number of homeowners lost houses to their banks in August as lenders worked through the backlog of distressed mortgages, real estate data company RealtyTrac said on Thursday.

New default notices decreased at the same time, suggesting that lenders managed the flow of troubled loans and for...

US homes lost to foreclosure up 25 pct on year

2010-09-15T21:15:12Z

US home repossessions spike in August to highest level since start of mortgage crisis

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.

The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the seventh month in a row, foreclosure listing firm Reuters) - More Americans fell into foreclosure in July as a sour job market kept them from making payments, and banks took over homes at a near record pace.

Banks repossessed the second highest monthly number of homes ever last month, working through distressed loans already on their books rather than sharply stepping up new default notices, real estate data company Reuters) - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.

Unemployment was the main culprit driving foreclosure actions on more than 1.6 mi...

Housing Bubble Will Not Be Reblown; Foreclosures Increase in 154 of 206 Metro Areas With Population Over 200,000

2010-11-02T12:10:13Z

...

Banks repossess homes at record pace: RealtyTrac

2010-07-15T07:30:15Z

NEW YORK (Reuters) - Banks repossessed a record number of U.S. homes in the second quarter, but slowed new foreclosure notices to manage distressed properties on the market, real estate data company RealtyTrac said on Thursday.

The root problems of job losses and wage cuts persist, making a sustaine...

Nearly 1 in 3 Q1 home sales a foreclosure: report

2010-06-29T21:15:10Z

NEW YORK (Reuters) - Nearly one out of every three U.S. home sales in the first quarter was a foreclosure property as steep price discounts boosted demand for distressed real estate, RealtyTrac said in a new report on Wednesday.

Foreclosure homes accounted for 31 percent of all residential sales in ...

Tax Filing (3)

2010-11-02T13:33:16Z

...

Stocks (2)

2010-11-02T13:33:16Z

...

Subprime (2)

2010-11-02T13:33:16Z

...

Investing (9)

2010-11-02T13:33:16Z

...

Housing (59)

2010-11-02T13:33:15Z

...

Consumer (17)

2010-11-02T13:33:16Z

...

Bank (11)

2010-11-02T13:33:16Z

...

Government (10)

2010-11-02T13:33:16Z

...

Credit Score (4)

2010-11-02T13:33:16Z

...

Spending (24)

2010-11-02T13:33:16Z

...

Mortgage (64)

2010-11-02T13:33:15Z

...

Selling (6)

2010-11-02T13:33:16Z

...

Economy (16)

2010-11-02T13:33:16Z

...

Buying (25)

2010-11-02T13:33:16Z

...

Worksheet (4)

2010-11-02T13:33:16Z

...

Deals (4)

2010-11-02T13:33:16Z

...

Rip-offs (3)

2010-11-02T13:33:16Z

...

Inflation (3)

2010-11-02T13:33:16Z

...

Home (15)

2010-11-02T13:33:16Z

...

For the Home (13)

2010-11-02T13:33:16Z

...

Smart Consumer

2010-11-02T13:33:15Z

...

Tax Tips

2010-11-02T13:33:15Z

...

On the Street

2010-11-02T13:33:15Z

...

Magazine Cover

2010-11-02T13:33:15Z

...

Market Movers

2010-11-02T13:33:15Z

...

Deal of the Day

2010-11-02T13:33:15Z

...

Consumer Action

2010-11-02T13:33:15Z

...

Ask SmartMoney

2010-11-02T13:33:15Z

...

10 Things

2010-11-02T13:33:15Z

...

Should I Buy a Home in Foreclosure?

2010-11-02T13:33:15Z

...

US foreclosure activity decreases in May: tracker

2010-06-16T11:20:03Z

US foreclosure filings continued to level off in May, decreasing by three percent compared to the previous month, industry tracker RealtyTrac said Thursday.

The filings, which include default notices, scheduled auctions and bank repossessions increased less than one percent compared to May 2009, after the first decrease in four years last month over the same period a year before.

RealtyTrac said foreclosure filings...

Homebuyer Interest in Distressed Properties Falls?

2010-10-27T06:39:21Z

...

Will Your Neighbors Turn Over Their House Keys?

2010-10-27T06:46:21Z

...

April foreclosures ebb, suggesting high plateau

2010-06-16T11:17:22Z

NEW YORK (Reuters) - Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday.

No meaningful improvement is likely this year, however, with mortgage modifications and high unemployment only delaying the ...

Foreclosures fall in most of top metro areas

2010-06-16T11:15:51Z

NEW YORK (Reuters) - Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.

The declines in some big metro areas, however, reflected government efforts to stem for...

Summary Box: Foreclosures surge to new high

2010-06-16T11:14:05Z

Summary Box: US homes facing foreclosure jumped 16 percent in 1st-quarter

FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure in the first three months of this year grew 16 percent from a year ago.

REPOSSESSIONS SOAR: More homes were taken over by banks and scheduled for a foreclosure sal...

Shadow Housing Inventory Still Looming

2010-10-25T11:22:59Z

...

How to Get Free Listings on Foreclosed Homes & Lands

2010-10-25T04:33:09Z

...

Foreclosure Filings: 2009 Not Pretty, 2010 Expected to Be Worse

2010-10-22T13:10:09Z

...

U.S. 2009 foreclosures shatter record despite aid

2010-06-16T11:26:05Z

NEW YORK (Reuters) - U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.

A record 2.8 million properties with a mortgage got a foreclosure notice last yea...

Foreclosure buyer demand dips as supply mounts

2010-06-15T09:12:39Z

NEW YORK (Reuters) - U.S. home buyers are less willing to buy foreclosed properties than they were six months ago, citing risks like hidden costs, but demand could grow because of the government's expanded tax credit, a survey showed on Tuesday.

A continued drop in demand for the glut of foreclosed properties would add a fresh layer of pain to a housing market...

Housing Is Moving Towards Disaster

2010-10-22T07:30:01Z

...

Foreclosure filings dip from July to August

2010-06-15T09:28:41Z

Foreclosure filings drop slightly from July to August, but still up 18 percent from last year

The number of U.S. households threatened with losing their homes held steady last month, a sign that lenders' efforts to help distressed borrowers may be having a gradual impact.

But one month does not make a trend.

More than 358,000 foreclosure-related filings were recorded in August, meaning one in 35...

U.S. foreclosures near record, peak in late '10: report

2010-06-15T09:28:38Z

NEW YORK (Reuters) - U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released on Thursday.

Filings -- including notices of default, auction and bank repossession -- dipped 1 percent last month from July's all-time hi...

Six Million Home Foreclosures: Are FDIC Insured Banks the Next Time Bomb? (Part 1)

2010-10-22T07:25:05Z

...

U.S. home foreclosures set another record in July

2010-06-15T09:32:26Z

NEW YORK (Reuters) - U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 households with a loan got a foreclosure filing, Reuters) - Cities in the U.S. Sun Belt states of California, Florida, Nevada and Arizona dominated the record foreclosure spree in the first half of the year, but distress in other regions emerged as joblessness spread,

RealtyTrac: Q2 Foreclosure Activity Highest on Record

2010-10-22T07:18:09Z

...

Mega Jumbo Loan Default Rates Rising in Florida

2010-10-22T07:18:05Z

...

Foreclosures Surge, Sun Rises in the East

2010-10-22T07:18:02Z

...

Economic News: More Bad than Good

2010-10-22T07:18:05Z

...

Foreclosures at record high in first half 2009 despite aid

2010-06-15T09:37:07Z

NEW YORK (Reuters) - U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated.

Foreclosure filings jumped to a record 1.9 million on more than 1.5 million properties in the first six months of the year, Reuters) - U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.

Fore...

May U.S. foreclosures third highest on record

2010-06-15T09:41:56Z

NEW YORK (Reuters) - U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.

Fore...

May U.S. foreclosures 3rd highest on month on record

2010-06-15T09:41:56Z

Fore...

U.S. foreclosures jump to record high

2010-06-15T09:46:25Z

NEW YORK (Reuters) - U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.

One in every 374 households with mortgages got a foreclosure filing in April, the highe...

RealtyTrac: April foreclosures rise 32 percent

2010-06-15T09:46:26Z

April foreclosures rise 32 percent, with more bank reposessions likely to come

The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the...

US foreclosures hit record high for second month

2010-06-15T09:46:25Z

US home foreclosures reached a record pace in April for the second consecutive month, underscoring the deepening crisis in the housing market, private data showed Wednesday.

Foreclosure filings, which includes home-loan default notices, auction sale notices and bank repossessions, were reported on 342,038 US homes in April, said RealtyTrac, an online firm special...

U.S. foreclosure filings sets record in April, seen jumping

2010-06-15T09:46:32Z

One in every 374 households with mortgages got a foreclosure filing in April, the highe...

Foreclosures Hit Yet Another Record High, RealtyTrac Reports

2010-10-24T09:55:51Z

...

SC court halts thousands of home foreclosure sales

2010-06-15T09:48:14Z

Top SC court halts thousands of foreclosures to let owners refinance; may be first in nation

South Carolina's highest court on Tuesday temporarily stopped thousands of pending foreclosure sales in the state to give homeowners more time to take advantage of a new federal program to help them refinance mortgages.

The injunction — which mortgage experts said appeared to be the nation's first court-ordered stop for an entire state — prevents ...