RealtyTrac
RealtyTrac Articles
Any home sale is a good one in the current market, but banks’ sales of foreclosed properties bring down prices. These sales are still a major part of the market. According to RealtyTrac, “sales...
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Most data about the housing market shows that foreclosures and delinquencies are up. Yet, other information contradicts that. RealtyTrac said foreclosures fell to a multimonth low in July. Its CEO...
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Foreclosure rates improved in the first half of the year in most large American cities. It is hardly a headline worth writing as the situation is about to take a sharp turn for the worse. Real estate...
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Conflicting signals from the US housing market are nothing new. For every forecast that the situation is improving, there is at least one competing forecast that things are getting worse. Today we...
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The housing market may be showing signs of life. New construction of U.S. houses surged in June to its highest level in five months, the Commerce Department reported this morning. Starts moved 14.6%...
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Foreclosures are the blight that has spread through the real estate market and driven prices to decade lows. The drop in property values that foreclosures have caused has pressured homeowners who...
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Foreclosures reached a 40-month low in April, and the news is more negative than positive. Real estate research firm RealtyTrac reported that its U.S. Foreclosure Market Report for April 2011 showed...
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RealtyTrac’s list of the cities with the best bargains in foreclosed properties contained few surprises. What may not be well-known, however, is that many investors from outside the United States...
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Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges....
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The average value of a home declined by 25% to 30% from the period from the third quarter of 2005 to the third quarter of last year. The end of 2005 and beginning of 2006 were the peak of the housing...
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The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers. That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an...
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A majority of Americans expect the drop in home prices which began in 2007 and has occurred each year since then to continue in 2011. This is not surprising. S&P recently wrote that the average...
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AIG (NYSE: AIG) will meet banks to choose those that will handle the sale of the Treasury’s share in the company. (Reuters) With a split Congress it is less likely that there will be legislation to...
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The aggregate value of homes in the United States will drop $1.7 trillion this year after a drop of $1 trillion in 2009. That data comes from a report from real estate research firm Zillow. Zillow...
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Even before the current mortgage paperwork crisis, foreclosures in major cities began to accelerate again. Some analysts believe that the bank debacle will exacerbate the trouble, but it is trouble...
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