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First quarter foreclosure activity continued to register above pre-recession levels in 97 of the 219 metro areas analyzed in the report (44 percent), including New York-Northern New Jersey, Philadelphia, Washington, D.C., Baltimore and Virginia Beach, Virginia. Atlantic City, Trenton, philadelphia post highest metro foreclosure rates in Q1 2018
U.S. Foreclosure Activity Drops To More Than 11-Year Low In Q3 2017 foreclosure activity Below Pre-Recession Levels in 57 Percent of Metro Areas; Foreclosure Starts Up in 24 Percent of Markets.
Despite the recent increases, REOs in July were still less than half their peak of 102,134 in September 2010, but more than twice their pre-crisis average of 23,119 a month in 2005 and 2006.
Daren Blomquist "Despite a seasonal bump higher in March, foreclosure activity in most markets continues to trend lower and back toward more healthy, stable levels," said Daren Blomquist, senior vice.
RealtyTrac: 12 of 20 major metros see decline in foreclosures Despite improvement, more than 597,000 US foreclosure filings reported in first half of 2015 by Erik Pisor Staff Writer
· The report shows a total of 48,768 U.S. single family homes and condos were flipped in the second quarter of 2018, a home flipping rate of 5.2 percent of all sales – down from a 6.6 percent home flipping rate in Q1 2018 and down from a 5.4 percent home flipping rate in Q2 2017.
Investors line up to buy bargain homes at Phoenix HOA foreclosure auction. Since 2015, bidders have purchased more than 425 phoenix-area homes at HOA foreclosure auctions, according to an Arizona.
Florida single-family home prices up 14% over last year Single Family Homes: The three-month rolling average median sales price of $715,000 is up 6.1% over last year’s. Year-to-date, new listings are down 14% while sales are down 3.5%. April’s inventory of 2.2 months is 22% lower than in 2017. The median percent of list price received was 96% in April.
In April, homes priced less than $200,000 accounted for more than half of the market’s activity, and homes priced for more than $500,000 only accounted for 4.47 percent of sales.
30-year, fixed-rate mortgage finishes year near record lows The average rate on 30-year fixed rate mortgages this rate continued to fall to near the 5 percent mark, close to the record low seen a month ago, Freddie Mac said. In a separate report, the Mortgage.
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