Jan 22nd 2013 8:00AM
The worst of the housing downturn appears to be behind us, and while real estate markets around the country are improving, some states are still experiencing a struggle with taming foreclosures. According to RealtyTrac, the number of foreclosed properties stood at 1.8 million last year, down 2.7% from 2011 and 36% from... Continue Reading »
Jan 12th 2012 12:10AM
After a year marred by red tape and mortgage lender malfeasance, foreclosure activity in 2011 fell to the lowest annual rate since the housing crisis began more than four years ago, according to data released Thursday. Foreclosure filings -- which include default notices, scheduled auctions and bank repossessions -- were... Continue Reading »
Nov 11th 2011 1:00PM
Foreclosures have increased 14% between the second and third quarter of 2011, following five straight quarters where the number of foreclosures has gone down. This increase could dampen the recovery of the American housing market and harm economic recovery for cities where foreclosures rose significantly. Based on data... Continue Reading »
Sep 21st 2011 10:23AM
WASHINGTON -- The number of Americans who bought previously occupied homes rose in August. But sales were driven by an increase in foreclosures, evidence that the housing market remains weak. The National Association of Realtors says home sales rose 7.7 percent last month to a seasonally adjusted annual rate of 5.03... Continue Reading »
Aug 18th 2011 11:15AM
WASHINGTON - The number of people who bought previously occupied homes dropped in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year. Home sales fell 3.5 percent last month to a seasonally adjusted annual rate of 4.67 million homes, the National... Continue Reading »
