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Home Prices Growing Faster Than Wages In Two-Thirds Of U.S. Housing Market
Thursday, March 24, 2016 - 1:08pm | 291Read More...A house will be the largest purchase that many Americans make in their lifetime. Unfortunately, for the majority of the country, that purchase is getting more and more expensive. A new report by RealtyTrac found that home prices have been rising at a higher rate than wages in nearly two-thirds...
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Zombie Foreclosures: Is Apocalypse Getting Better Or Worse?
Thursday, June 11, 2015 - 4:03pm | 575Read More...The damage to residential neighborhoods from the mortgage apocalypse appears to be contained in some cities, but still spreading in others. On June 11, RealtyTrac published an update: "Homeowner Vacated "Zombie" Foreclosures Down 10 Percent From A Year Ago in Q2 2015," written by Jennifer Von...
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Home Foreclosures Just Hit Their Lowest Level Since 2006
Thursday, March 19, 2015 - 1:05pm | 182Read More...Foreclosure proceedings in the US. housing market in February hit their lowest level since 2006, a real estate research firm said Thursday. Foreclosure filings were reported on 101,938 U.S. properties in February, down 4 percent from January and 9 percent from a year ago, according to Irvine,...
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Luxury Real Estate Foreclosures Up 61 Percent
Thursday, December 5, 2013 - 1:16pm | 526Read More...It appears the rich are finally catching up with the rest of the nation, when it comes to real estate foreclosures. While overall U.S. foreclosure activity was reportedly down 23 percent, year-to-date through October, RealtyTrac says foreclosures on luxury properties valued at $5 million and...
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Foreclosures Rise For Second Straight Month
Thursday, July 12, 2012 - 1:41pm | 301Read More...U.S. foreclosures rose in June, the second consecutive monthly increase following the mortgage abuse settlement in April. New foreclosure starts were filed on 104,294 properties in June, an increase of 4 percent from June 2011 but a 4 percent decrease from May, when they jumped to 109,051 on the...
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Foreclosures a Quarter of Home Sales
Thursday, March 1, 2012 - 8:44am | 581Read More...RealtyTrac revealed on Thursday that foreclosed homes accounted for approximately a quarter of home sales in 4Q11. According to CNN, during the fourth quarter of last year, homes that were either bank owned or going through the foreclosure process made up 24% of all home sales, a number which is...
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Foreclosures Fall to Pre-Crisis Levels
Thursday, January 12, 2012 - 8:08am | 260Read More...After a wave of promising news to come from the American economy from lowered unemployment filings to increased domestic retail demand, a new sign of economic health has arrived: total filings of foreclosures in 2011 fell to the lowest level since 2007. Default notices, auctions, and bank...
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Foreclosures At Record High In 2009
Thursday, January 14, 2010 - 7:21am | 170Read More...A report by RealtyTrac, an online foreclosure marketplace, indicated that there were 2.82 million residential properties with foreclosure filings in 2009, setting a new record for the number of people lagging in their mortgage payments. According to the report, 2.21% of all US housing units (or 1...
