Foreclosure Listings

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Source: feeds.foreclosurepulse.com

Listings of Foreclosure Homes Have More High-End Houses
Listings of foreclosure homes throughout the country are now including more and more high-end homes, based on data from an online real estate research firm. Approximately 30 percent of all foreclosures in June were expensive homes that belong to the top third in graphs of local home values. This percentage marked …
Source: www.foreclosurelistingsnationwide.com

Nevada Suit Could Halt Thousands of Foreclosures
Nevada Suit Could Halt Thousands of Foreclosures October 4, 2009, United Press International A Reno law firm is preparing a class action lawsuit on behalf of Nevada homeowners who face foreclosure by a surrogate company that represents thousands of mortgage…(read more)

Source: feeds.foreclosurepulse.com

Foreclosed list sales increased again in Santa Clara County, California in September, based on data from a real estate research firm based in San Diego. Sales of foreclosed homes and condo units accounted for 27.2 percent of total housing units sold in September, an increase from 26.4 percent in August. The … reo properties

Listings of foreclosure homes throughout the country are now including more and more high-end homes, based on data from an online real estate research firm. Approximately 30 percent of all foreclosures in June were expensive homes that belong to the top third in graphs of local home values. This percentage marked … reo properties

A nonprofit community center has recently been added to the growing listings of foreclosures in Illinois. A foreclosure lawsuit has been filed by ShoreBank on the Washington Cultural Center located in Bronzeville. The nonprofit community center is a controversial project of Dorothy Tillman, a former Alderman. The foreclosure case has cast … foreclosure

Las Vegas foreclosure listings have been growing in the commercial sector, just like in many cities throughout the country, according to officers of the Southern Nevada unit of the National Association of Industrial and Office Properties. According to commercial real estate experts in Southern Nevada, the city’s high unemployment rate has … foreclosure

Listings of foreclosure homes throughout the country are now including more and more high-end homes, based on data from an online real estate research firm. Approximately 30 percent of all foreclosures in June were expensive homes that belong to the top third in graphs of local home values. This percentage marked … foreclosure

) foreclosure listings

Foreclosure activity was up 5 percent from the previous month and 25 percent from a year ago in October, but it might have been up much more if not for recent state legislation that has at least temporarily lowered the number of new initial foreclosure notices in some states.

The RealtyTrac U.S. Foreclosure Market Report released Thursday shows that Notices of Default in California sunk 44 percent from a year ago in October. A new California law that took effect in early September requires lenders to provide homeowners an extra 30-day notice before filing a Notice of Default. While California has had the most impact on the national numbers because of its size, other state foreclosure trends that were headed upward have taken a sharp turn down after legislation designed to extend or forestall the foreclosure process was passed.

Below are three graphs using a 90-day rolling average of RealtyTrac numbers. Each month’s average is based on the total for that month and the totals for the month before and the month after. So the most recent rolling average available is for September.

The foreclosure trend in California abruptly stopped its upward climb after the new law took effect in September while the upward foreclosure trend in Florida has continued.

Foreclosure trends in Maryland and Massachusetts both switched directions after new legislation forestalling foreclosure took effect, although the trend recently started heading back up.

Colorado foreclosure activity began a steady downward decline in January, after a new law extending the foreclosure process took effect. A similar trend began more recently in New York.

View state-by-state details.

foreclosure listings

) pre foreclosures

Foreclosure activity was up 5 percent from the previous month and 25 percent from a year ago in October, but it might have been up much more if not for recent state legislation that has at least temporarily lowered the number of new initial foreclosure notices in some states.

The RealtyTrac U.S. Foreclosure Market Report released Thursday shows that Notices of Default in California sunk 44 percent from a year ago in October. A new California law that took effect in early September requires lenders to provide homeowners an extra 30-day notice before filing a Notice of Default. While California has had the most impact on the national numbers because of its size, other state foreclosure trends that were headed upward have taken a sharp turn down after legislation designed to extend or forestall the foreclosure process was passed.

Below are three graphs using a 90-day rolling average of RealtyTrac numbers. Each month’s average is based on the total for that month and the totals for the month before and the month after. So the most recent rolling average available is for September.

The foreclosure trend in California abruptly stopped its upward climb after the new law took effect in September while the upward foreclosure trend in Florida has continued.

Foreclosure trends in Maryland and Massachusetts both switched directions after new legislation forestalling foreclosure took effect, although the trend recently started heading back up.

Colorado foreclosure activity began a steady downward decline in January, after a new law extending the foreclosure process took effect. A similar trend began more recently in New York.

View state-by-state details.

pre foreclosures