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Florida Leads U.S. in Number of 'Zombies' Foreclosures By Mary Shanklin, Orlando Sentine March 28, 2013 Florida by far leads all other U.S. states in the number of "zombie" foreclosures — vacant houses that are in some stage of being repossessed by mortgage lenders. More Homes Entering Foreclosure Pipeline By Inman News March 28, 2013 The number of homes entering the foreclosure pipeline picked up after last year's national mortgage settlement, a new report by foreclosure data aggregator RealtyTrac suggests. More Than 300,000 Homes are Freclosed 'Zombies,' RealtyTrac Says By Barbara Liston, Reuters March 28, 2013 A national survey found 301,874 "zombie" properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptible to vandalism and degradation. RealtyTrac: Home Repossessions Fall to 65-Month Low in February By Meg Handley, U.S. News & World Report March 14, 2013 Bank repossessions fell 11 percent from December 2012 and were almost 30 percent lower than figures reported in February 2012, foreclosure listing firm RealtyTrac Inc. said Thursday. Housing Market Is Experiencing 'Dangerous Foreclosure Flare-Ups' By Manta Badkar, Business Insider March 14, 2013 February foreclosure filings increased two percent month-over-month (MoM) in February, according to the latest foreclosure report from RealtyTrac. RealtyTrac: Number of Bank Repoed Homes Drop to 65-Month Low By National Mortgage Professional Magazine March 14, 2013 RealtyTrac has released its U.S. Foreclosure Market Report for February 2013, which shows foreclosure filings were reported on 154,281 U.S. properties in February. Florida Tops Nation in Foreclosures for 6th Straight Month By Paul Owers, Sun Sentinel March 14, 2013 Florida posted the nation’s highest foreclosure rate in February for the sixth consecutive month, according to RealtyTrac Inc. 10 Banks Foreclosing on the Most Home By 24/7 Wall St. via AOL Real Estate March 13, 2013 While the number of foreclosures nationwide is thankfully coming down from its peak during the housing bust, there are still quite a few languishing out there. There's Nothing Short About a Short Sale By Ian Spula, Curbed Chicago March 13, 2013 For a buyer, there isn't a bigger misnomer in real estate than a short sale, because buying a short sale can be a long, frustrating process. That's not to say that you shouldn't think about buying a short sale, but there are some things to keep in mi New Illinois Law Could Speed Sales By Micah Maidenberg, Crain's Chicafo Business March 11, 2013 Starting in June, banks will be able to zip foreclosures of abandoned homes through the courts, potentially allowing them to repossess properties in as little as 90 days. Print Email

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