Category: Foreclosures

The specter of a housing market crash in 2024 hangs heavy in the air, shrouding the industry in a cloak of uncertainty. Mortgage interest rates hovering near 8% have become a cause for alarm, echoing concerns not heard since the …Read more  »

California Foreclosure Statistics With Inland Empire foreclosures at pre-recession lows, Riverside County's foreclosure rate dropped to No. 21 statewide in April. A total 1,403 mortgage default notices, auction sale notices and bank repossessions were recorded in April, meaning 1 in …Read more  »

Hundreds of thousands of homes in the US are now labeled as "zombie" foreclosures. That's when the owner of a foreclosed home leaves only to find out years later that he or she still legally owns the home and is …Read more  »

Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest gain in six years, according to a report released Monday by Lender Processing Services. Compared with one year ago, prices …Read more  »

Sixty-five percent of U.S. housing markets are worse off today than they were four years ago according to the California-based real estate research firm RealtyTrac. The results of the survey arrive the same day as the final presidential debate and …Read more  »

We've all heard that the housing bubble's pop led to thousands of foreclosures, but its interactive maps like this that really show how prevalent the problem was — and still is. Part of a project on 30 election issues, the …Read more  »

After nine consecutive months of appreciation, August was the first month where home values decreased by 0.1% to $152,100, according to Zillow. 2012 has seen a turnaround in the housing market with sustained appreciation that, at times, has been very …Read more  »

The Wall Street Journal and The New York Times both published articles in the past six weeks stating that the housing market has reached a bottom.  But hold on for just a minute... It seems that not everyone believes it. …Read more  »

Sales of Freddie Mac REO homes took a dip in 3Q11 compared to the first two quarters of the year as nonperforming loans surged consistently over the previous quarter. The number of repossessed homes plunged to 25,300, falling by 13.5% …Read more  »