Foreclosures down for third straight month as lenders manage backlog: RealtyTrac

Foreclosures down for third straight month as lenders manage backlog: RealtyTrac

Daren Blomquist, a Vice President at RealtyTrac, has proclaimed that we have “past the worst of the foreclosure crisis.’ He points to what he claims to be a five-year low, along with year-over-year decreases in foreclosures for the twenty-fourth consecutive month as the evidence. The only thing any of this is evidence of is that Mr. Blomquist is thick in the head.

"I think it’s a combination of still a backlog of delayed foreclosures that needed to be dealt with in Ohio that the lenders are finally pushing through," said Daren Blomquist, RealtyTrac.

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Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are still seeing their foreclosures rise, a report from RealtyTrac said on Thursday.

California home sales fall to 1988 levels The number of homes sold in California fell to the lowest level for an August in four years as a supply crunch pushed prices higher and kept homes out of reach for many buyers, a real estate.

Foreclosure filings in October rose 7 percent from the previous month, RealtyTrac said Thursday.. for Third Straight Month. in Foreclosure, from the previous month, but was still down 36.

The percentage of mortgage-holding homeowners who were at least two months behind on their payments sank in the third. lenders to tackle their backlog of foreclosure cases. Fourteen states saw an.

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“The housing market has gotten through this really bad batch of loans that. the first three months of 2012, according to RealtyTrac Inc.’s first quarter foreclosure report. (See county-specific.

 · Lenders repossessed 36,964 U.S. homes last month, down 31 percent from July last year, foreclosure listing firm RealtyTrac Inc. said Thursday. US home foreclosures on track for.

Foreclosures up for third straight month. Thursday.. vice president at RealtyTrac. "Lenders and courts are pushing through stubborn foreclosure cases that have been languishing in foreclosure.

More than 315,000 households received a foreclosure-related notice in January, RealtyTrac Inc. reported Thursday. That number is down nearly 10 percent from 349,000 in December, which saw the third.

The percentage of mortgage-holding homeowners who were at least two months behind on their payments sank in the third. lenders to tackle their backlog of foreclosure cases. Fourteen states saw an.

How To Buy Foreclosed Properties | Episode 3 on Deal Maker Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. short sales outnumber Foreclosure Sales For Third Straight Quarter and housing analysis. troy & Susan Deierling, Realtor. Foreclosure, RealtyTrac, Short Sale Realty Executives

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