realtytrac

Housing

Interest Rates Creep Up, a Big Decline in Foreclosures, and more: The Week in Housing

by Ryan Hinricher | April 18, 2011

This week we cover increasing interest rates, declining foreclosures, and get an update on mortgage applications.  We’ll also look ahead to next week’s busy week of housing data. Rate Creep is Back Thankfully for the housing market, rates have been relatively stable lately, rising only nominally.  However this week’s drift up in rates marks the [...]

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Real Estate Interviews

Rick Sharga: RealtyTrac’s VP Discusses the Foreclosure Crisis & Offers Foreclosure Investing Tips

by Ronald Sklar | January 31, 2011
Thumbnail image for Rick Sharga: RealtyTrac’s VP Discusses the Foreclosure Crisis & Offers Foreclosure Investing Tips

The unpleasant business of foreclosure has become big business these days: big, scary business, and certainly not for the delicate of heart. Rick Sharga, Vice President of the foreclosure monitor called RealtyTrac, keeps an unblinking eye on the subject. In the process, he is uncovering data that is surprising him – and us – more [...]

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Housing

Foreclosures Slow, Rates Hit New Lows, Building to Jump 40% in 2011

by Ryan Hinricher | November 15, 2010

Foreclosures may have had a rare down month in October, but don’t expect it to last. Interest struck a new low, while mortgage activity is up. We’ll round out the week with 2010 expectations on home-building and guidance for the next two years. RealtyTrac: Robo-Signing Mess Stalls Foreclosures in October Releasing its October Foreclosure Market [...]

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Housing

Foreclosures Derail Housing, Interest Rate Drops, and Strength in Mortgage Applications

by Ryan Hinricher | October 18, 2010

Volatility in the housing market just hit a new high as prices are dropping but not as fast as rates. The spotlight is back on foreclosures with the new robo-signer mess while purchase applications soar along side home repossessions. A truly turbulent week for the housing market took place. Foreclosure Mess to Derail Housing Market? [...]

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Economy

Foreclosures Jump 5 Percent From Summer; Government Effort To Curtail Foreclosures Sinks Like Lead Duplex

by Charles Feldman | October 15, 2009

In my previous posting with the VERY long headline the other day, I challenged any and all to contradict me when I —and a Congressional oversight committee—concluded that the Obama administration’s attempt, thus far, to gain meaningful mortgage modifications has totally flopped.

In even less time than I thought would be the case, I have been proven sadly right: A new RealtyTrac report just out says that foreclosures are up a full 5 percent from summer to this fall…..meaning almost 940 thousand properties were impacted….

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Real Estate Market

Information and its Relevance: An Inside Look at the Current Housing Mess

by Tom Koziol | June 13, 2008

Everybody knows a recession is when your neighbor loses his job. A depression is when you lose your job. Apparently more of us are coming closer to depression than we would like to believe. The data you are about to read is from the June 2008 edition of Collections & CREDIT RISK magazine. This particular [...]

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Foreclosures

Foreclosures Way Up In 2007. A Time For Professional Advice

by Charles Feldman | January 30, 2008

[tag]Foreclosures[/tag] are up 79 percent! Now that’s something. And that is exactly how much the foreclosure rate in this country increased by in 2007 from the year before. The latest figures from RealtyTrac paint an even darker picture for the near future: apparently lots of folks just began falling behind on [tag]mortgage[/tag] payments since November, [...]

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BiggerPockets News

BiggerPockets Helps Homeowner Supposedly in Foreclosure

by Joshua Dorkin | November 11, 2006

Mistakes happen. I wanted to share a quick story with everyone that at least makes me feel like we’re doing some good work here at BiggerPockets. On Wednesday one of our users wrote a post on our forums letting us know that RealtyTrac.com (aff.) and Foreclosure.com (aff.) had supposedly been incorrectly listing their property as [...]

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Economy

Foreclosures Jump in September

by Joshua Dorkin | October 11, 2006

RealtyTrac (aff.)today announced in their monthly foreclosure report that 112,210 properties were entering some stage of foreclosure in September. According to the ForeclosurePulse Blog, that number represents “a decrease of less than 1 percent from August but an increase of more than 63 percent from September 2005. September’s foreclosure rate of one new foreclosure filing [...]

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Economy

Mid-September National Foreclosure Update

by Joshua Dorkin | September 13, 2006

CNN is reporting that foreclosures spiked in the month of August. ” In August, 115,292 properties entered into foreclosure, according to RealtyTrac, an online marketplace for foreclosure sales. That was 24 percent above the level in July and 53 percent higher than a year earlier.” Florida led all states with 16,533 properties in some stage [...]

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Foreclosures

Easy Pickings for Foreclosures

by Joshua Dorkin | August 22, 2006

Lets take a look at some really scary numbers: Indianapolis (1-to-101) Atlanta (1-to-111) Dallas (1-to-112) Denver (1-to-128) Austin (1-to-142) These are not crime stats, but instead these are foreclosure rates from April 1 to June 30. These cities lead the country in foreclosures, according to RealtyTrac.com Source: New Orleans City Business

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