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RealtyTrac: 20% of Foreclosures Remain Vacant After Owner Departs By Kerri Ann Panchuk, HousingWire June 20, 2013 Twenty percent of foreclosures nationwide sit empty after an owner vacated the premises, representing 167,000 distressed properties across the country, RealtyTrac announced Thursday. 22% of Charlotte Foreclosure Homes Vacant By Deon Roberts, Charlotte Observer June 20, 2013 The Charlotte metro area might have a lot smaller population than Detroit, Houston and San Francisco. Las Vegas Ranks High in Vacated Foreclosed Homes By Steve Kanigher, KLAS-TV June 20, 2013 Las Vegas as of this month ranks eighth among the nation's largest metropolitan areas in the number of foreclosed residences that have been vacated by their owners, reported Wednesday evening. Foreclosures Jump as Banks Bet on Rising U.S. Home Prices By Dan Levy & Heather Perlberg, Bloomberg June 13, 2013 Home repossessions in the U.S. jumped 11 percent in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures. Will Foreclosures Slow Home Price Gains? By The Associated Press June 13, 2013 Completed foreclosures jumped 11% nationally in May from April, with monthly increases taking place in 33 states, foreclosure listing firm RealtyTrac said Thursday. The Foreclosure Problem Just Got Worse In Nevada And Florida By Mamta Badkar, Business Insider June 13, 2013 Declining foreclosure inventory has been one of the driving forces behind the rise in U.S. home prices which began in 2012. Overall Foreclosure Activity Up in Nevada By Steve Kanigher, KLAS-TV June 13, 2013 Nevada in May witnessed an increase in foreclosure activity on a year-over-year basis after 27 consecutive months of annual decreases, driven mostly by a sharp hike in new notices of default, reported Wednesday night. Banks Repossessing More Homes as Home Prices Rise By Julie Schmit, USA TODAY June 13, 2013 Banks repossessed 11% more homes in May than in April, potentially a sign that they, too, want to unload homes in a strong market. 5 Best Cities for Flipping Homes Right Now By Jerry Kronenberg, June 11, 2013 The rebounding U.S. real estate market is leading to a renaissance in "home flipping" -- the investment strategy in which you buy distressed houses, make minor upgrades and resell the properties a few months later for quick gains. James K. Moyle By Vivian Marino June 11, 2013 Mr. Moyle, 35, is the chief executive of RealtyTrac, an online marketplace for foreclosed residential properties and real estate data, based in Irvine, Calif. Print Email

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