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Building Permits and Foreclosure Starts First Quarter 2013

First Quarter Increase in Building Permits Positioned to Fill Void in Housing Market Left by Declining Foreclosures

By RealtyTrac Staff May 14, 2013 RealtyTrac® today released an exclusive analysis of building permit data recently released by the U.S. Department of HUD for the first quarter, comparing it to foreclosure starts for the same time period. “Nationwide and in most markets it appears builders are planning to ramp up activity that will help offset a drop in foreclosure starts, but there are some markets where a jump in both building permits and foreclosure starts in the first quarter indicate the scales will tip more heavily in favor of supply of homes for sale in the coming months — both new homes and foreclosures,” said Daren Blomquist, vice president at RealtyTrac. Read Complete Article Print Email

Current Foreclosure Market Report

Southern California Foreclosure Activity Down 23 Percent in April By Joel Cone, Staff Writer May 8, 2013 Foreclosure filings were reported on 8,202 Southern California properties in April, down 23 percent from March for the five-county region, and a 61 percent drop from the level reported for April 2012. Oklahoma Foreclosure Auctions Reach 18-Month High in April By Octavio Nuiry, Staff Writer May 8, 2013 Foreclosure filings were reported on 1,258 Oklahoma properties in April, a decrease of 6 percent from the previous month and down 3 percent from April 2012. Judicial Foreclosure Auctions Hit 30-Month High in April, Overall U.S. Foreclosure Activity Drops to 6-Year Low By RealtyTrac Staff May 7, 2013 Foreclosure filings were reported on 144,790 U.S. properties in April, a decrease of 5 percent from the previous month and down 23 percent from April 2012. U.S. Foreclosure Inventory Increases 9 Percent From Year Ago in First Quarter By RealtyTrac Staff March 26, 2013 Nearly 1.5 million U.S. properties were actively in the foreclosure process or bank-owned (REO) in the first quarter of 2013, up 9 percent from the first quarter of 2012. U.S. Foreclosure Starts Fall to Six-Year Low in January By RealtyTrac Staff February 12, 2013 Foreclosure filings were reported on 150,864 U.S. properties in January, a decrease of 7 percent from the previous month and down 28 percent from January 2012. 2012 Foreclosure Activity Up in 57 Percent of Metro Areas, Best Markets to Buy Foreclosures in 2013 Selected By RealtyTrac Staff January 28, 2013 2012 foreclosure activity increased from 2011 in 120 (57 percent) out of the nation’s 212 metropolitan statistical areas with a population of 200,000 or more. 1.8 Million U.S. Properties With Foreclosure Filings in 2012 By RealtyTrac Staff January 14, 2013 A total of 2,304,941 foreclosure filings were reported on 1,836,634 U.S. properties in 2012, down 3 percent from 2011 and down 36 percent from the peak of 2.9 million filings in 2010. Foreclosure Starts at 71-Month Low, Bank Repossessions Increase By RealtyTrac Staff December 11, 2012 U.S. foreclosure starts dropped to a 71-month low in November, but bank repossessions increased annually for the first time since October 2010. Play Video Foreclosure Sales Increase 21 Percent in Third Quarter, Short Sales Biggest Share of Distressed Sales By RealtyTrac Staff December 4, 2012 A total of 193,059 U.S. properties in some stage of foreclosure or bank-owned (REO) were sold during the third quarter, an increase of 21 percent from the previous quarter, but down 3 percent from a year ago. Foreclosure Activity Increased 3 Percent in October By RealtyTrac Staff November 13, 2012 Foreclosure filings were reported on 186,455 U.S. properties in October, an increase of 3 percent from September but still down 19 percent from October 2011. Print Email

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