RealtyTrac recently reported that the U.S. housing market has recovered considerably since the 2008 economic downturn. This month, the housing market observed the lowest statistics regarding foreclosure activity since 2007.Reports said that since March, lenders...
Foreclosure
U.S. foreclosure rate reaches its lowest since 2006
Recent data from real estate research firm RealtyTrac shows that the number of U.S. homes in foreclosure last month marks the lowest since 2006, Forbes reported on March 13.According to the data from February, at least 112,498 properties nationwide were in various...
Number of foreclosure filings decrease by 18 percent from 2013 to 2014
An 18 percent dip in the number of U.S. homes that filed for foreclosure was noted from January 2013 to January 14, according to RealtyTrac.Though last month there was a 10 percent increase from December to January in the number of homes that entered foreclosure...
Number of foreclosures drop in 2013, reaching a six year low
A huge improvement in the U.S. housing market was observed in 2013 after the number of homes entering foreclosure not only continued to decrease, but also hit a six year low, according to real estate information firm RealtyTrac.A decrease of 31 percent was observed in...
U.S. foreclosure crisis nearing end
A decline in foreclosure activity in a majority of the states in America was observed by RealtyTrac, a real estate research company, last month, a report by USA TODAY stated on Thursday, December 12.RealtyTrac said foreclosure activity last November decreased by 37...
Former NY Knicks point guard’s condo in foreclosure
A property of former NBA star Stephon Marbury in New York City might be lost in a foreclosure due to a debt that has accumulated since 2010, according to a report published on Wednesday, September 18.According to the legal documents filed by the U.S. Bank...
O.J. Simpson’s Miami home to be sold after foreclosure
The home of incarcerated ex-football star O.J. Simpson will be sold soon after a foreclosure proceeding, a report on August 27 stated.The 4,233 square-foot of Simpson in South Florida will be auctioned online on October 29 after it underwent foreclosure proceedings...
Homes undergoing foreclosure and repossession in U.S. decrease
The number of homeowners who are undergoing the foreclosure process or had their homes repossessed by banks dropped last month, a foreclosure listing firm said on July 11.Housing recovery in the U.S. continues to strengthen due to steady jobs, low interest rates,...
Settlement checks to be received by 15k Alabama homeowners
A total of $21.8 million will be awarded to Alabama residents as a result of a national foreclosure settlement, Attorney General Luther Strange said on June 6.Around 15,000 eligible Alabama homeowners will receive settlement checks from the national settlement’s...
Foreclosures on the decline, discounts disappearing
New data from Zillow shows that discounts many home buyers are expecting on foreclosed homes are starting to disappear as foreclosures decline across the country. The Washington Post reports that as the economy slowly improves, fewer homeowners are defaulting on their...