Foreclosure Trends

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U.S. Residential Vacancies Decrease 9 Percent in Q3 2016 But Bank-Owned Vacancies Up 67 Percent From a Year Ago

Vacant Homes in Foreclosure (Zombies) Down 9 Percent From Year Ago; Increase in Vacant Bank-Owned (REO) Homes Corresponds to Overall REO Increase IRVINE, Calif. – Sept. 8, 2016 — ATTOM Data Solutions, the nation’s leading source for comprehensive housing data… Read More »

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Foreclosure Starts Drop to 11-Year Low in July

Bank Repossessions Down 41 Percent From Year Ago Highest State Foreclosure Rates in Delaware, New Jersey, Maryland Banks started the public foreclosure process on 36,863 U.S. residential properties in July 2016, down 5 percent from the previous month and down… Read More »

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533,813 U.S. Properties with Foreclosure Filings in First Six Months of 2016, Down 11 Percent From a Year Ago

Q2 2016 Foreclosure Activity Below Pre-Recession Levels in 15 States; Average Foreclosure Timeline Plateaus Nationwide, Highest in NJ, Hawaii, NY; Investor Share of Foreclosure Auction Purchases at 17-Year High in First Half 2016 IRVINE, Calif. – July 14, 2016 —… Read More »

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U.S. Foreclosure Activity Down Less Than 1 Percent in May

There were a total of 100,841 properties with foreclosure filings in May, virtually unchanged from previous month and down 21 percent from a year ago — the eighth consecutive month with a year-over-year decrease, according to data released today by RealtyTrac…. Read More »

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U.S. Foreclosure Activity Decreases 7 Percent in April 2016

RealtyTrac released its April 2016 U.S. Foreclosure Activity data this week, which shows that 100,932 U.S. properties with foreclosure filings during the month, down 7 percent from the previous month and down 20 percent from a year ago — the… Read More »

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Vacant “Zombie” Foreclosures Decrease 30 Percent in Second Quarter 2016 Compared to a Year Ago

 Top States for Zombie Foreclosures are New Jersey, New York, Florida, Illinois, Ohio; 1.4 Million Overall Vacant U.S. Residential Properties Up 2.7 Percent From Previous Quarter Investment Properties Account for 75 Percent of all Vacant Properties Nationwide IRVINE, Calif. –… Read More »

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Less Than 1 Percent of Seriously Underwater U.S. Properties Qualify for Principal Reduction Under New FHFA Program

Number of Seriously Underwater Homeowners Drops 638,000 From a Year Ago in Q1 2016; Number of Equity Rich Homeowners Increases Nearly 1.3 Million From a Year Ago IRVINE, Calif. — May 5 , 2016 — RealtyTrac® (www.realtytrac.com), the nation’s leading… Read More »

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A Mall Foreclosure in Frackville

Are shopping malls a relic of the past? In the heart of Pennsylvania’s coal country, the Schuylkill Mall, located in Frackville, Pennsylvania, is in foreclosure. The owner of the mall has defaulted on a $27.4 million loan. The property is… Read More »

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Las Vegas-Area Shopping Mall Owner Defaults on $15.5 Million Loan

U.S. Bank National Association filed a notice of default against Galleria Pavilion LLC on March 22, 2016, claiming that a $15.5 million loan made in 2006 was in arrears, according to RealtyTrac data. The loan is secured by a 35,878-square… Read More »

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Q1 2016 Foreclosure Activity Below Pre-Recession Levels in 36 Percent of U.S. Housing Markets

Nationwide Foreclosure Activity Drops to Lowest Level in More Than Nine Years; March Foreclosure Starts Jump 21 Percent From February, Still Down From Year Ago IRVINE, Calif. – April 14, 2016 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive… Read More »

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