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Chasing Shadow Inventory

Chasing Shadow Inventory: Sloppy Foreclosures and Unintended Consequences

By Daren Blomquist, Cityscape (HUD) March 28, 2012 RealtyTrac Vice President Daren Blomquist writes on the shadow inventory issue in the March 2012 issue of Cityscape, a journal published by the U.S. Department of Housing and Urban Development. Blomquist shares his thoughts on how the shadow inventory has actually decreased significantly over the past year and a half and how sloppy foreclosure paperwork and government intervention helped to grow the shadow inventory back in 2009 and 2010. Read Complete Article Print Email

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10 Cities Where You Can Get An Amazing Deal On A Foreclosed Home By Mamta Badkar, Business Insider May 3, 2012 RealtyTrac is out with its report on the 10 best places to buy foreclosures in 2012. To draw up the list RealtyTrac considered the 100 largest metro areas with at least 200 foreclosure sale transactions in January 2012. Foreclosures Heat Map By Robert Benincasa, Nelson Hsu, NPR May 2, 2012 NPR infographers Robert Benincasa and Nelson Hsu offer three interactive maps showing March foreclosure and jobless rates as well as household income by county, using RealtyTrac, U.S. Bureau of Labor Statistics and Nielsen Claritas data. Foreclosures Rose in Major Metro Areas By Brady Dennis, Washington Post April 26, 2012 The number of foreclosures rose during the first three months of the year in more than half of the nation’s metropolitan areas, even as such activity dipped from the previous year in many of those cities, according to RealtyTrac. Foreclosures Rise in Many U.S. cities By Ilyce Glink April 26, 2012 Foreclosures are on the rise in parts of the U.S., according to new data from RealtyTrac. 20 American Cities That Are Getting Crushed By Foreclosures By Mamta Badkar, Business Insider April 26, 2012 Foreclosure activity climbed in 54 percent of U.S. metros in the first quarter of 2012. Inside the Foreclosure Factories By John W. Schoen, Senior Producer, msnbc.com April 20, 2012 In a quiet office in downtown Charlotte, N.C., dozens of Wells Fargo’s foreclosure foot soldiers sit in cubicles cranking out documents the bank relies on to seize its share of the thousands of homes lost to foreclosure every week. 10 States Where Homebuyers Are Saving Big On Foreclosed Homes By Mamta Badkar April 16, 2012 In its latest foreclosure report, RealtyTrac has identified the 10 states with the highest foreclosure savings rates in March. Flood of Foreclosures to Hit the Housing Market By Les Christie, CNN Money April 13, 2012 The golden age for foreclosure squatters may soon be coming to an end now that the $26 billion mortgage settlement has been approved. Foreclosures Reach Lowest Quarterly Level Since 2007 By Brady Dennis, Washington Post April 12, 2012 Foreclosure filings fell during the first quarter of 2012 to their lowest levels since the housing market began its collapse nearly five years ago, according to new data from the firm RealtyTrac. Foreclosure: 21 States See Rise in Home Foreclosures By Lyneka Little, ABC News April 12, 2012 Although nationwide foreclosure filings dipped 2 percent in February compared with a month earlier, in 21 states foreclosure filings were on the rise, according to RealtyTrac. Print Email

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