Foreclosure community blog resource powered by RealtyTrac : foreclosure statistics

Mortgage Delinquencies Rise After Q4 Plateau

Octavion — Tue, 02 Mar 2010 16:28:00 GMT

Mortgage Delinquencies Rise After Q4 Plateau March 1, 2010, Reuters More homeowners are falling behind on their mortgages, jeopardizing the nascent housing recovery and raising the possibility that home prices have not found their bottom but could instead...(read more)

3rd Drop in Foreclosures Hints at Recovery; State-By-State Chart

Octavion — Thu, 12 Nov 2009 16:36:00 GMT

3rd Drop in Foreclosures Hints at Recovery; State-By-State Chart November 12 2009, USA TODAY Foreclosures fell for the third-consecutive month in October, another sign the worst of the housing crisis may be past. RealtyTrac, an Irvine, Calif., real estate...(read more)

Real Estate Slump Isn't Over, Exec Says

Octavion — Mon, 21 Sep 2009 15:39:00 GMT

Real Estate Slump Isn't Over, Exec Says September 18, 2009, San Diego Union-Tribune Federal Reserve Chairman Ben Bernanke may think the recession is over, but the head of the nation's largest real estate services firm says the slump has two or...(read more)

No relief from foreclosure heat in August

darenb — Thu, 10 Sep 2009 04:01:00 GMT

Despite a month-over-month and year-over-year decrease in bank repossessions (REOs) in August, total foreclosure activity in August remained close to the record high set in July thanks to increasing defaults and scheduled foreclosure auctions, according...(read more)

Is the foreclosure dam starting to break?

darenb — Wed, 12 Aug 2009 23:42:00 GMT

U.S. foreclosure activity hit another record high in July, with 360,149 properties receiving a foreclosure filing during the month, according to the RealtyTrac U.S. Foreclosure Market Report released today. Laws extending the foreclosure process had some...(read more)

Foreclosures in the Millions Midway through 2009

darenb — Wed, 15 Jul 2009 17:49:00 GMT

A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 2009, a 9 percent increase in total properties from the previous...(read more)

Third Straight Month at 300,000 Plus

darenb — Thu, 11 Jun 2009 13:30:00 GMT

After hitting a record-high of more than 342,000 in April, U.S. foreclosure activity backed down 6 percent in May, with 321,480 properties receiving a foreclosure filing during the month, according to the RealtyTrac U.S. Foreclosure Market Report released...(read more)

A Tale of Two Foreclosure Trends

darenb — Tue, 12 May 2009 01:42:00 GMT

U.S. foreclosure activity hit another record-high level in April, thanks to a slight increase from the previous month, according to the U.S. Foreclosure Market Report . Foreclosure filings were reported on 342,038 properties during the month, up less...(read more)

Foreclosure Activity Hits Record High in First Quarter

darenb — Thu, 16 Apr 2009 07:01:00 GMT

More than 800,000 properties received foreclosure filings in the first quarter of 2009, according to RealtyTrac's latest foreclosure report , released today. That was the highest quarterly total since RealtyTrac began issuing its numbers in the first...(read more)

Surprising Drop in January Foreclosure Activity

darenb — Wed, 11 Feb 2009 23:14:00 GMT

After a somewhat unexpected spike in December, foreclosure activity dropped 10 percent in January -- although the January total of 274,399 was the fourth highest monthly total since January 2005 and still up 18 percent from January 2008, according to the latest RealtyTrac U.S. Foreclosure Market Report. The monthly drop was uncharacteristic for a January: in each of the previous three years foreclosure activity had increased on a monthly basis in January. Unfortunately the dip is most likely not the harbinger of a housing recovery but a temporary slow down in activity resulting from various foreclosure prevention efforts instituted over the holidays and into January.

“The extensive foreclosure efforts on the part of lenders and government agencies appear to have impacted the January numbers — particularly the Fannie Mae and Freddie Mac moratorium on all foreclosure sales that was extended through the end of January along with Florida’s voluntary 45-day freeze on all new foreclosure actions and scheduling of foreclosure sales that was announced at the beginning of December,” said James J. Saccacio, chief executive officer of RealtyTrac. “January REOs, which represent completed foreclosure sales to the foreclosing lender, were down 15 percent nationwide from the previous month. And in Florida overall foreclosure activity was down 20 percent from the previous month.”

After increasing throughout most of 2008 to a peak in August, U.S. REOs have been steadily decreasing each month, with a drop of 15 percent from December to January.

Florida foreclosure activity dropped 20 percent from December 2008 to January 2009 after hitting a peak in September.

View Full Report and State Data Table.