Posts discussing RealtyTrac

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18Jan2012
Author
Dan Green
Filed Under
Foreclosures
These 4 States House 50% Of The Nation’s Foreclosure Filings Thumbnail

These 4 States House 50% Of The Nation’s Foreclosure Filings

Buying a foreclosure? Get a move on. Foreclosure activity fell to a 49-month low last month, and figures to be even lower through 2012. See where foreclosures are occurring, and where they're not.

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15Dec2011
Author
Dan Green
Filed Under
Foreclosures
Foreclosures : The Last “Great Deal” In Housing Is Endangered Thumbnail

Foreclosures : The Last “Great Deal” In Housing Is Endangered

The number of foreclosed homes for sale is dwindling, yet buyer demand for them surges. Remember that highly-publicized, 25% discount for buying a bank-owned home? It's about to go away. If you're looking at foreclosures, here's where to find them.

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18Oct2011
Author
Dan Green
Filed Under
Foreclosures
Buy A Foreclosed Home, Get A Great, Low Mortgage Rate Thumbnail

Buy A Foreclosed Home, Get A Great, Low Mortgage Rate

With each passing month, there are fewer and fewer foreclosures nationwide. Foreclosures are down on a year-to-year basis for the 12th straight month.

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15Sep2011
Author
Dan Green
Filed Under
Foreclosures
Default Notices Surge In August; Foreclosures Poised To Rise? Thumbnail

Default Notices Surge In August; Foreclosures Poised To Rise?

Default notices made their biggest one-month jump since August 2007 last month, on the way to a 9-month high. This may foreshadow a large number of bank repossessions in the months ahead.

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26Aug2011
Author
Dan Green
Filed Under
Foreclosures
Foreclosures As A Percentage Of All Home Sales, By State Thumbnail

Foreclosures As A Percentage Of All Home Sales, By State

In some states, more than half of home sales are for homes in foreclosure. Where does your state rank?

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12Aug2011
Author
Dan Green
Filed Under
Foreclosures
Where To Find The Biggest Foreclosure/Short Sale Discounts Thumbnail

Where To Find The Biggest Foreclosure/Short Sale Discounts

Foreclosure filings nationwide fell 35 percent in July 2011, a statistic that hints at the ongoing housing recovery. So, with less REO, where will you find the best "deals"?

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14Jul2011
Author
Dan Green
Filed Under
Foreclosures
June Foreclosure Stats : Distressed Homes Sell At 20% Discount Thumbnail

June Foreclosure Stats : Distressed Homes Sell At 20% Discount

According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.

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16Jun2011
Author
Dan Green
Filed Under
Real Estate Sales
As Foreclosure Volume Shrinks, Homes Sell At 20% Discounts Thumbnail

As Foreclosure Volume Shrinks, Homes Sell At 20% Discounts

Foreclosure counts have dropped over 16 consecutive months, dating back to January 2010. And they sell at 20% discounts to "regular homes".

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13May2011
Author
Dan Green
Filed Under
Foreclosures
REO Volume Plummets; Homes Now Sell At 20% Discount Thumbnail

REO Volume Plummets; Homes Now Sell At 20% Discount

National Association of REALTORS® says foreclosures sell at a steep, 20 percent discount relative to non-distressed homes. There's bargains to be had -- you just need to know where to find them.

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18Apr2011
Author
Dan Green
Filed Under
Foreclosures
Are The “Good Deals” In Foreclosures A Thing Of The Past? Thumbnail

Are The “Good Deals” In Foreclosures A Thing Of The Past?

If you're shopping for bank-owned homes, supplies may be limited. Foreclosure filings are down 35% since last year. That's a big number. See how your state stacks up.

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11Feb2011
Author
Dan Green
Filed Under
Foreclosures
To Find The Best Foreclosures, You Have To Know Where To Look Thumbnail

To Find The Best Foreclosures, You Have To Know Where To Look

There's good foreclosure buys out there, but it's getting harder to find them as bank REO slips. The trick is to search the databases that the other buyers aren't.

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24Jan2011
Author
Dan Green
Filed Under
Foreclosures
Foreclosure Distribution In The United States (2005-2010) Thumbnail

Foreclosure Distribution In The United States (2005-2010)

If you're in the market for "a good deal" -- as an investor, first-timer, or move-up buyer -- here's a guide for where to find foreclosures. Hey -- they're 15% off.

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23Dec2010
Author
Dan Green
Filed Under
Foreclosures
Foreclosures Selling At 15% Discount But Inventory Is Thinning Out Thumbnail

Foreclosures Selling At 15% Discount But Inventory Is Thinning Out

For the first time since February 2009, the monthly foreclosure filings retreated below 300,000. The pace of foreclosures is slowing nationwide. Or is it?

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19Oct2010
Author
Dan Green
Filed Under
Foreclosures
September 2010 : Foreclosures Sold At 26 Percent Discount Thumbnail

September 2010 : Foreclosures Sold At 26 Percent Discount

The average sale price on a home in some stage of foreclosure was 26 percent lower last month than homes *not* in some stage of foreclosure.

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20Sep2010
Author
Dan Green
Filed Under
Foreclosures
How Banks Are Making It Harder To Get A Foreclosure “Steal” Thumbnail

How Banks Are Making It Harder To Get A Foreclosure “Steal”

NAR says home buyers get a "distressed home discount" of roughly 15 percent. Banks are working to reduce that number.

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16Jul2010
Author
Dan Green
Filed Under
Foreclosures
The 80/20 Rule No Longer Applies To REO and Foreclosures Thumbnail

The 80/20 Rule No Longer Applies To REO and Foreclosures

The 80/20 Rule no longer holds true with respect to foreclosures. In Q2 2010, the 10 most foreclosure-heavy states now account for just 70 percent of foreclosures. That's a big drop for a 12-month period. Based on RealtyTrac data, foreclosures haven't been this un-concentrated since 2007.

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11Jun2010
Author
Dan Green
Filed Under
Foreclosures
Finding Foreclosure Deals : Bank Repossessions Reach An All-Time High Thumbnail

Finding Foreclosure Deals : Bank Repossessions Reach An All-Time High

The National Association of Realtors® says the typical "distressed home discount" ranges near 15 percent. Buying foreclosed homes can be an excellent value if you find REO in livable condition.

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17May2010
Author
Dan Green
Filed Under
Foreclosures
Comparing The Foreclosure Rate Per Household By State (April 2010) Thumbnail

Comparing The Foreclosure Rate Per Household By State (April 2010)

9 of the top 10 leading metropolitan areas for foreclosure-related activity showed a drop in annual activity. Only Reno, Nevada showed an increase.

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19Apr2010
Author
Dan Green
Filed Under
Foreclosures
Chart : Foreclosures Per Household By State (March 2010) Thumbnail

Chart : Foreclosures Per Household By State (March 2010)

There's 11 days left to claim the government's home buyer tax credit and if you're among the thousands of buyers with their sights on foreclosures, the timing may be perfect. There's been 257,000 new bank REOs since January.

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15Mar2010
Author
Dan Green
Filed Under
Foreclosures
February 2010 : 4 States Account For More Than 50% Of Foreclosure Activity Thumbnail

February 2010 : 4 States Account For More Than 50% Of Foreclosure Activity

Foreclosure-related filings topped 300,000 last month, according to foreclosure-tracking firm RealtyTrac. Nationwide, 1 in every 418 households was served some form of foreclosure notice but -- as always -- foreclosures are more common in some areas than others. In February 2010, 4 states accounted for more than half of the country's foreclosure-related activity

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