It is hard to believe that it has taken more than a decade , but Black Knight Financial Services says the foreclosure inventory, after a 12,000-property decline in July, has finally fallen below 400,000. The last time the number of homes in some process of foreclosure was lower was in February 2007. Foreclosure News
Existing home sales burst out of the box in January to start the year out with a 3.2 percent increase over the previous month. Those gains, however, were wiped out in February . Foreclosure News
Metro Denver had a record low number of homes for sale at the end of February, but a surge in sales can't be blamed for the empty shelves. There were 3,878 residential properties available for sale at the end of February, the lowest monthly total in records going back to 1985. Foreclosure News
Existing home sales finished out 2016 with a generally expected decline. Still, the National Association of Realtors said today that 2016 overall was the best year for existing home sales in a decade . Foreclosure News
Comprising 35 percent of the nation's completed foreclosure inventory, Florida, Texas, Ohio, California and Georgia had the most reported foreclosures completed. Foreclosures are becoming less and less of a commonality throughout the nation, and according to CoreLogic's August 2016 National Foreclosure Report, foreclosure inventory and completed foreclosures both dipped in August compared with the previous […]
The 2016 Anchorage residential market could best be described as having had a minor fender bender, not the fatal crash so many naysayers predicted for the housing market. Thousands of owners have not turned in their keys to the bank like they did in the 1980s. Foreclosure News
The selection of homes for sale is shrinking on the Peninsula in some price ranges as buyers snap up quality affordable homes, real estate agents say. Overall on the Peninsula, residential listings dropped 6.5 percent to 3,454 in July compared to July 2015, according to the Hampton Roads Real Estate Information Network Inc.'s data. Foreclosure […]
The foreclosure inventory at the end of June was at its lowest level since August 2007, according to data released Tuesday by CoreLogic. The national foreclosure inventory dropped to 375,000, or 1%, of all homes with a mortgage, a decrease of 25.9% from June 2015, CoreLogic reported. Foreclosure News
The foreclosure inventory continues to decline, decreasing 23.4% annually in April, while completed foreclosures declined by 15.8% annually, according to the April 2016 National Foreclosure Report released by CoreLogic , a property information, analytics and data-enabled services provider. Completed foreclosures averaged 37,000 nationally, down from 43,000 in April 2015. Foreclosure News
The nonperforming loan situation continued to improve in November, as the national inventory of foreclosed homes dropped to pre-recession levels, according to CoreLogic. The national foreclosure inventory fell 21.8% to about 448,000 homes in November, or about 1.2% of all homes, compared to a year ago, according to CoreLogic’s National Foreclosure Report. Foreclosure News