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Bank Foreclosure Homes Up 38% in Past Year
Bank Foreclosures Sale has announced that bank foreclosures were up 5% in the second quarter of 2010. With 269,960 bank repossessions recorded, a new quarterly record was set for bank repossessions, which are up a staggering 38% from the second quarter...
Foreclosures Fall 5% in First Half of Year
Foreclosure Listings Nationwide, a provider of foreclosure listings and foreclosure investment information, has announced a nationwide 5% decrease in foreclosure properties over the past six months. Much of the decrease occurred during the second quarter...
Foreclosure Reduces a Home’s Sale Price By 27% on Average
Foreclosure reduces the eventual sale price of a home by an average 27%, compared to the prices paid for similar properties nearby. Those nearby homes, in turn, could see their own prices depressed by 1%, if they happen to be within 250 feet of the foreclosed...
U.S. Foreclosure Activity Climbs Another 7% in July
RealtyTrac the online foreclosure property marketplace, has released its July 2009 U.S. Foreclosure Market Report(TM).
Fannie Mae Suspends Foreclosure Sales Ahead of an Administration Announcement
Fannie Mae has announced it is suspending all foreclosure sales and evictions of occupied properties through March 6 in anticipation of the Administration’s national foreclosure prevention and loan modification program.
Foreclosures Increase Over 80% in 2008
ForeclosureListings.com reports a total of 3,108,364 foreclosure filings in 2008 – auction sale notices, bank repossessions, and default notices – 1,275,791 U.S. Properties over the course of the year; an 82% increase in all properties from...
Freddie Mac Has Extended Its Suspension of Single Family Foreclosure Sales, Evictions
Freddie Mac has announced it is extending its suspension of all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages through January 31, 2009.
30% of Americans Who Sold Their Home in the Past Year Lost Money
Home values in the United States posted their seventh consecutive quarterly decline, falling 9.7% year-over-year to a Zillow Home Value Index of $202,966, according to the third quarter Zillow Real Estate Market Reports, which encompass 163 metropolitan...
