by Phyllis Rockower | Aug 19, 2013 | Foreclosure Updates
Foreclosure activity accelerated in July [highlight bg=”#fc0″ color=”#000″]rising off of the 78 month low[/highlight] it reached in June, RealtyTrac said today. There were 130,888 foreclosure filings – including default notices, scheduled...
by Phyllis Rockower | Jul 9, 2013 | Housing News, Uncategorized
CoreLogic said today that completed foreclosures ticked up slightly in May compared to April, but the number of homes in process of foreclosure, the foreclosure inventory, was down to about the same degree. Both completed foreclosures and the inventory are lower by...
by Phyllis Rockower | Nov 16, 2012 | Housing News
Article from the San Francisco Chronicle: “Right now the dominating force driving the rental market in California is foreclosed-upon former homeowners transitioning to renters,” Burke said. “That demographic is an important market segment...
by Phyllis Rockower | Aug 12, 2012 | Housing News
More borrowers missed payments in the 2nd quarter. Number of homes going into foreclosure rose 6%. Before you start wringing your hands, remember all the hoops the govt put the banks through last year. They are just starting to work their way though again. FHA loans...
by Phyllis Rockower | Feb 28, 2012 | Economic News, Housing News, Real Estate News
California is not the bad boy any more. In fact, its rate is now 1/2 of Florida. Short sales and foreclosures still make up more than half of all home sales in California. Read the...