RealtyTrac: May foreclosures inch up 2%

Northampton County, PA uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.

Considering that the national foreclosure rate has dropped significantly in the past year, it would make sense that distressed sales also declined, right? Not so, according to RealtyTrac’s December and Year-End 2013 U.S. Residential & Foreclosure Sales Report, which shows that short sales and foreclosure-related sales – including sales to third-party buyers at public foreclosure [.]

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Short Sale Fraud Fears Grow as HAFA Gets Set to Pop Brown Issues Warning about Rise of Short Sale Fraud | State. – LOS ANGELES – attorney general edmund G. Brown Jr. today joined the California Department of Real Estate and the State Bar of California to warn homeowners about an alarming rise in short sale fraud across California in a field "rife with scam artists". A short sale is an arrangement in which a homeowner sells his or her home for less than the outstanding mortgage, with the consent of.

 · Overall, data about the real estate markets continues to be ambiguous. RealtyTrac reports that in May foreclosure starts were up 2% from April. What is.

RealtyTrac: May foreclosures inch up 2% Lewis Contents foreclosure activity increased Cases cfpb leaders discuss Enforcement;. doj reaches Monthly foreclosure market report fell 2 percent continuous basis.

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NEW YORK ( TheStreet) — Foreclosure activity increased 2% in May from the 75-month low reported in April, driven by a jump in bank repossessions, according to the latest report from RealtyTrac..

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Foreclosures are way down in hot markets like San Diego and Los Angeles, but in inland California cities (Modesto and Stockton) the percentage of sales that are bank-owned top 20%. "Distressed property may be more rare, but you’re also buying in a housing market that’s improving and growing," so it’s not as risky, Blomquist says.

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Lenders initiated the foreclosure process on 57,286 homes last month, the lowest level for. which jumped 12.2% in May from a year earlier – the biggest gain in seven years, according to data.

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The RealtyTrac U.S. Foreclosure Market Report for the first quarter of 2012, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported on 572,928.

 · Items Tagged with ‘Bank walkaway’ – housingwire.com – Foreclosures inched up 2% to 148,054 filings in May, according to RealtyTrac’s foreclosure report.Despite the slight increase, foreclosures are still down 28% from May 2012.The minuscule.

New Orleans, LA uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.