Market Updates
RealtyTrac Sept. 2014: Top Five Foreclosure States
According to RealtyTrac, the nation’s leading source for comprehensive data, released its national foreclosure report for the third quarter of 2014. The foreclosure report for the month of September shows an improvement in volume when compared with August’s report. The number of properties received in foreclosure filings for the nation was 9% lower than August […]
Low Rates Boosting Purchase Home Sales
Mortgage Home Base reports on low mortgage rates and the sudden increase on mortgage approvals in the purchase market. The boom of the refinance market may be coming to an end in 2014 after all. According to Freddie Mac’s 2014 second quarter refinance observations, the share of refinance borrowers has fell below 50 percent for […]
Annual Foreclosure Rate Increase After Nearly Four Years
An increase was seen in the annual foreclosure trend in Realtytrac’s most recent foreclosure rate report for the month of August, just a month ago. A 7 percent rate increase, after nearly four years ago since the last spike in annual foreclosure rate. Mortgage Home Base expands on this national foreclosure increase. Realtytrac’s foreclosure report […]
The Nation’s Top Five States Highest in Foreclosure Filings
Currently in the U.S. there are well over 1 million properties that are in a stage of foreclosure, 1,094,710 to be exact. As of the month in June, properties foreclosed was reported from RealtyTrac was 2% lower than the month of May and 16% lower than the the same time in 2013. The home sales […]
May 2014: RealtyTrac’s Top Foreclosure States
According to the most recent foreclosure reports from RealtyTrac, as a nation there were currently 1,100,671 properties that were undergoing some stage of foreclosure in May. The number of foreclosures filed during that month was 5% lower than the month of April. When compared with the same time last year it was 26% lower. The […]
April 2014 FHFA Refinance Market Update
HARP 2.0 For the underwater homeowners who are unaware of the Home Affordable Refinance Program (HARP) it may seem like a short sale or taking a loss to foreclosure may be the only way out. Negative equity followed by the millions of foreclosures has taken a toll on the U.S. economy for many years now. […]
May 2014: RealtyTrac’s Top Foreclosure States
Foreclosures for the month of May has dropped since the month of April according to the most recent RealtyTrac report. When compared between both months, there was a 15,231 difference in properties that are currently in some stage of foreclosure. During the month of May, the properties that filed for a foreclosure was 5% lower […]
Current Economic Situation of Today’s Top 10 Most Populated States
We all know that there are tons of overpopulated cities across the nation, but what are the top states exactly with the most residents? It seems like the more populated a city is, the more it seems to struggle when the economy start to head downhill. There are several states still struggling to recover from […]
April 2014: RealtyTrac’s Top 5 Foreclosure states
According to the most recent foreclosure reports from RealtyTrac, as a nation there were currently 1,132,523 properties that were undergoing some stage of foreclosure in April. The number of foreclosures filed during that month was 1% lower than the month of March. When compared with the same time last year it was 20% lower. The […]
FHFA February 2014 Report: Top 10 HARP Refinance States
According to the most recent report presented through the Federal Housing Finance Agency (FHFA), HARP Refinances have decreased possibly due to rising mortgage rates of four to four and a half percent since June 2013. As of March 2014 there are a total of 48,000 foreclosures completed, which is a pretty high amount since 2008. […]
March RealtyTrac Report: Nation’s Top 5 Foreclosure States
According to the most recent RealtyTrac report, there are currently 1,162,056 properties in some stage of foreclosure across the nation as of March 2014. Filings for foreclosure in the U.S. was 4% higher than the month prior and 23% lower than the previous year. The top five states within the highest foreclosure filing in March […]
FHFA January 2014: Top 10 HARP Refinance States
The top ten states with highest HARP Refinance volumes for the month of January 2014 has been released. The state of Georgia contributed to 42 percent of the total refinances and 40 percent from Florida. The total HARP refinances reported as a nation was 22 percent for the January according to gathered data analysis from […]
CFPB Putting an End to the Growing Trend of Zombie Foreclosures
Zombie foreclosures are still trending, since the start of the housing crisis. There is an estimate of two million properties foreclosed that have still not yet recovered according to various sources. The Consumer Financial Protection Bureau (CFPB) now has plans to try and stop this growing trend as announced in a Common Ground Conference. At […]
February 2014: Realtytrac’s Top 5 Foreclosure States
According to a most recent Realtytrac (the leading online marketplace of foreclosure properties, along with detailed property and home sales data) report released for the month of February 2014, there are currently 1,196,954 properties that are in some stage of foreclosure in the United States today. The number of foreclosure filings received for the month […]
December 2013 CoreLogic Report: Top 10 Negative Equity States
As a nation, the U.S. currently has 1,188,502 properties currently in some stage of foreclosure according to the recent Realtytrac Foreclosure report for the month of January 2014. The nation’s negative equity share released by Corelogic (a leading property information, analytics and services provider in the United States) for the fourth quarter (most recent report […]
