Foreclosures Archives

NEW YORK (sbup) — It’s taken more than six years, but the foreclosure market has slid back to pre-Great Recession levels, with foreclosure filings down by 26% in all of last year. Expect that to continue, as the housing market seems resurgent in the new year. Read more»
NEW YORK (sbup) — The government might be shut down, but the economy seems to be picking up plenty of steam. One reliable benchmark is the rate of foreclosures, which shows just how much homeowners are struggling in the pocketbook. These days, the foreclosure story is a happier one than at any point since the Great Recession started in late 2007. Read more»
NEW YORK (sbup) — Is the foreclosure crisis behind us? It looks that way, although nobody is saying home foreclosures are gone for good. Read more»
Rise of the Zombie House
By: Brian O'Connell
NEW YORK (sbup) — Daren Blomquist, a vice-president at RealtyTrac, sees an interesting trend in the U.S. real estate market: The emergence of the “zombie” home. Read more»
NEW YORK (sbup) — Even though U.S. home foreclosures are in decline – they’re down almost 7% from August to September, according to RealtyTrac – foreclosure scams are still a big threat to delinquent U.S. homeowners. Read more»
NEW YORK (sbup) -- Are U.S. seniors facing a nightmare on Main Street bound to leave them homeless? Alarmingly, that seems to be the case for a burgeoning number of upper-middle age and elderly Americans, according to a study from AARP.   Read more»
A new report out by Fitch Ratings says that short sales, long dreaded by borrowers while much maligned by realtors and lenders, may have a big impact in getting the U.S. real estate market back on its wobbly feet. Read more»
Foreclosures Down to 5-Year Low
By: Brian O'Connell
NEW YORK (MainStreet) -- There's good news on the real estate front ... at least for now. RealtyTrac reports U.S. home foreclosures are at their lowest levels since 2007. Why the dip, and what's in it for consumers? Read more»
NEW YORK (MainStreet) -- Foreclosure is a horrible experience for the homeowner, one to be kept at bay as long as possible. But the economy will probably be better off if foreclosures come faster, helping put this dampener of growth behind us. The news on the foreclosure front, while not wonderful, is getting a tad better. Read more»
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