RealtyTrac NewsRoom - Press Coverage Archives

Press Coverage

Current Press Coverage

Renting Out Foreclosures: Smart Move or Snafu? By Nick Timiraos, Wall Street Journal August 11, 2011 We’ve written a lot about the government’s nascent plan to find a way to rent out foreclosed homes to help set a floor in more hard-hit housing markets. Reaction to the idea has been mixed so far. Here’s a range of different views: Georgia Foreclosure Rate Rises By The Associated Press August 11, 2011 The rate of foreclosures jumped in Georgia last month, while dropping nationwide. The foreclosure listing firm RealtyTrac said some 77,000 Georgia homes are now under foreclosure, with some 11,000 new filings last month. Metro Detroit Foreclosures Down Sharply After Court's Ruling By Louis Aguilar, The Detroit News August 11, 2011 The number of foreclosure filings in Metro Detroit fell to a two-year low in July, but real estate analysts warn a new wave of people could lose their homes if the economy doesn't improve soon. Idaho Remains Among Top 10 States in Foreclosure Rate By Joe Estrella, Idaho Statesman August 11, 2011 According to RealtyTrac, Idaho’s foreclosure rate ranked the state eighth in the nation last month despite a 42 percent drop in the number of distressed homeowners in the state in the past year. Why Foreclosures Take So Long By Jeanine Skowronski, Main Street August 4, 2011 One of the reasons banks favor short sales over foreclosures is that lenders are taking too long to repossess a home. Foreclosure Activity Falls, But for How Long? By Ilyce Glink, Chicago Tribune August 4, 2011 In its latest report, RealtyTrac announced that foreclosure activity fell on a year-over-year basis in 84 percent of metro areas with at least 200,000 residents. BofA Turns Bulldozer on Glut of Abandoned Homes By By Lindsey Rupp, Bloomberg News July 29, 2011 Bank of America Corp., faced with a glut of foreclosed and abandoned houses it can't sell, has a new tool to get rid of the most decrepit ones: a bulldozer. The Foreclosure Crisis in 2008: Predatory Lending or Household Overreaching? By The Regional Economist July 1, 2011 The Regional Economist cites RealtyTrac as a key source for its analysis of what caused the U.S. foreclosure crisis. Foreclosure Backlogs Taking Longer to Process By Brady Dennis, Washington Post June 30, 2011 On a recent morning at the county courthouse here, retired circuit court judge Wayne Cobb surveyed the hundreds of files stacked before him, each a foreclosure case waiting to be finalized, dismissed or delayed. Ohio's Top Five Foreclosure Cities By Tara Dodrill, Yahoo Real Estate June 27, 2011 Foreclosure heartache continues for struggling Ohio homeowners. Since 2006 Ohio has been ranked near the top of the list of states with massive real estate foreclosure problems.