Foreclosures down for 20th straight month

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Welcome back to our continuing monthly examination of foreclosure data for Massachusetts.Petitions turn the big 2-0 this month, as in the 20 th straight month with increasing year over year petitions filed. Overall the pattern has changed a little bit again.

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By Mike Colpitts. Demonstrating the U.S. largest five banks are following rules agreed to in their $25 billion settlement with 49 state attorney generals, foreclosures saw a drop for two straight months in March as lenders increased efforts with home mortgage holders, according to RealtyTrac.

 · On an annual basis, foreclosure filings fell last month. On a monthly basis, they did not.. Annual Foreclosure Filings Down For 11th Straight Month. Posted on September 15, 2011 by Linda williamson september 15, 2011. On an annual basis, foreclosure filings fell last month. As compared to August 2010, last month’s foreclosure filings.

9:25 ET Subscribe to our weekly e-newsletter, Top News. Foreclosures increase for third straight month. Completed foreclosures edged up for the third consecutive month in August, but the overall trends in distressed properties continue to point to a much more stable housing market.

Your Resource for Foreclosure Properties. RealtyTrac offers a one-stop shop for homes buyers, investors, and other real estate professionals. You’ll get access to the largest selection of foreclosures, foreclosed homes for sale, MLS listings, auctions and bank-owned homes.

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Bank owned homes are still flooding our nation’s real estate market. For buyers who can handle risk, some are incredible deals. But if you’re gearing up to buy your first home, take a hard look at whether buying a foreclosed property is a good idea.. Although buying a bank owned property requires you to jump through a few extra hoops, if the price is right, the money you save will be well.

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"U.S. foreclosure activity has now decreased on a year-over-basis for 20 straight months including May, but the jump in May foreclosure starts shows that it’s going to be a bumpy ride down to the.

According to CoreLogic, there were 55,000 completed foreclosures in the U.S. in June 2013, down from 68,000 in June 2012, a year-over-year decrease of 20 percent. continued to drop for the 19th.

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