Realty Trac recently released its sales reports for foreclosures in the US during the second quarter of the year. This report shows sales of homes in some stage of foreclosure, or which were owned by the bank accounted for 23% of all residential sales during the second quarter, slightly up from 22% during the first quarter
Georgia Shoots To Number One In Foreclosures Nationwide In May
July 9, 2012 by
Georgia, a state that has long held a spot in the top ten for foreclosure activity, has now hit a new record level of foreclosure filings for May of 2012. The state has worked it’s way up from number eight back in 2010, number five in 2011, number three earlier this year, and now, it has exclusive bragging rights for the number one spot
Short Sales Activity Shows Dramatic Increase
August 26, 2011 by
Realty Trac has released a new report indicating that banks are finally becoming more willing to discount pre-foreclosure properties, and short sell them, rather than continue with the foreclosure process. Prior to the housing market crisis, short sales were a relatively rare item. Most folks had never heard of them. They were rarely agreed to
Full Recovery a Long Way Off Say Most Americans
May 19, 2011 by
A full recovery in the US housing market won’t happen for at least another three years, or maybe even longer, say 54% of Americans surveyed by Trulia and Realty Trac last year. The survey, which was designed to evaluate American’s attitudes to real estate, home ownership and the foreclosure crisis, was a great deal
Realty Trac: Foreclosures Decreased in 2010
February 25, 2011 by
Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.
