Foreclosures Drop in the US

Foreclosure activity in the United States declined by 1% last month, even though a report from RealtyTrac shows that banks reclaimed more homes in April. In spite of this increase in bank repossessions, fewer auctions are being scheduled. This latest fall in foreclosure activity includes bank repossessions, scheduled auctions and foreclosure notices and shows figures […]

Florida’s Foreclosure Rates Show Strong Upward Trend

While most of the states in USA are experiencing, what the experts are identifying as a drop in the foreclosure rate, the state of Florida has been displaying strong trends against this and have been witnessing rising foreclosure rates all over the state. This includes real estate properties from the Lincoln road Miami Beach to the more posh and elegant sunset islands Miami Beach.

RealtyTrac’s August 2012 Foreclosure Market Report

The latest Realty Trac Foreclosure Market Report was released yesterday, and shows foreclosure filings, bank repossessions, default notices and scheduled auctions for the month of August were reported on 193,508 US homes. This is an increase of 1% compared to July, but is 15% lower than in August 2011.