We recently received a question on the RealtyTrac Community about whether it's possible to get average foreclosure sales prices down to the zip code level on RealtyTrac. Well, it certainly is, and since someone was asking about it I'm guessing there are others out there who don't know about...
National Mortgage Delinquency Rate Swells to 9.2 Percent in May: LPS Housing Wire, July 6, 2010 The national mortgage delinquency rate grew to 9.2 percent in May, up 2.3 percent from a month earlier and 7.9 percent from a year earlier, according to the latest report from mortgage performance data and...
U.S. Home Foreclosures Climb 44% to Record in May Bloomberg, June 11, 2010 U.S. home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped up property seizures, according to RealtyTrac Inc. Bank repossessions climbed 44 percent from May...
A new survey conducted on behalf of RealtyTrac and Trulia by Harris Interactive was released today, and among other interesting tidbits, it shows that 65 percent of those surveyed said they expected a discount of at least 30 percent when purchasing a foreclosure property. That's actually a realistic...
How One City May Punish Banks for Foreclosures August 24, 2009, TIME Magazine It's hard to drive down a residential street in Miami Gardens, Fla., and not see two, three, four houses in foreclosure. Some have been on the auction block since last year, once handsome, pastel-colored ranch houses now...
A reader of our blog sent an e-mail earlier this week asking the following question about using RealtyTrac: "Do you have a complete listing of what is on the court's calander for foreclosure sale? I tried your free trial and did not find it very useful. Is there an advanced or other version...
As big banks on government life support — particularly Bank of America and Citigroup — continue to struggle amid rising fears that they are mortally wounded “zombie banks,” a growing chorus of industry leaders are calling for the nationalization of insolvent lending institutions...
U.S. Home Prices Fall at Highest Annual Rate Last Quarter International herald Tribune A widely watched index showed Tuesday that U.S. home prices tumbled by the sharpest annual rate on record in the fourth quarter and in December. The Standard & Poor's/Case-Shiller U.S. National Home Price index...
More than three-quarters of all buyers expect a discount of at least 25 percent on a foreclosure purchase, according to survey results released today by RealtyTrac and Trulia. The survey also showed that 30 percent of adults expected a discount of 50 percent or more with a foreclosure purchase. The expected...