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Real Estate News
RealtyTrac Press Coverage
Catch the latest news coverage on foreclosures
U.S. Foreclosure Activity Spreads Beyond Hard-hit Metro Areas Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona. New Wave of Home Foreclosures Hits the Nation It's going to be another dismal year in the home foreclosures category, according to new data released today by Irvine, CA-based RealtyTrac. Foreclosures Not Stablized More than 126,000 homes in Inland Southern California received a foreclosure-related notice last year, which was about seven times as many as in 2006 but only 12 percent more than in 2008. Merced County Leads State in Foreclosures, #6 in Nation One out of 10. That's how many properties in Merced County got foreclosure filings last year. RealtyTrac?s Latest Foreclosure Data: ?No End In Sight? It?s been a brutal year for foreclosure activity and there?s ?no end in sight,? says Rick Sharga, senior vice president of RealtyTrac. Foreclosures: An Increase of 21 Percent in 2009 and Climbing When 2009 began, millions of American homeowners hoped that the worst of the real estate crisis was behind them. They were wrong. U.S. 2009 Foreclosures Shatter Record Despite Aid U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday. Foreclosures Jump in December After Months of Declines Foreclosure filings increased 14% in December from November, the first monthly increase since foreclosure activity peaked in July, according to a RealtyTrac report out Thursday. Michigan Foreclosures Soar Despite Effort to Delay Them Foreclosure filings in Michigan jumped last year even with a freeze on foreclosures, suggesting that 2010 could be another rough year in a state where one out of every 38 households is in foreclosure. Hawaii Foreclosures Surge A triple-digit increase in December foreclosures transformed Hawaii into a top 10 state for foreclosure activity and pushed monthly and year-end totals to their highest level since 2005. Foreclosures Hit a Record in 2009. This Year Could be Worse. A record 2.8 million US properties were served with foreclosure filings in 2009. This year, it could be even worse as a new wave of homeowners falls into delinquency. Top 10 States for Foreclosure There's no humor in this top 10 list: The states hardest hit by foreclosure. Foreclosures Fall, But Banks Bracing For Next Big Wave In November, for the fourth month in a row, the number of foreclosure filings in the United States declined -- an 8 percent drop from October, according to RealtyTrac. New Yorkers at Risk of Losing Homes Surges 85% in November With city unemployment at 10.3%, the number of New Yorkers at risk of losing their homes surged 85% in November compared with November of last year, according to RealtyTrac. Florida Jumps to No. 2 Spot for Number of Foreclosures Florida bumped California in November to earn the No. 2 rank nationally for the rate of foreclosures, according to a report to be released today by Irvine, Calif.-based RealtyTrac. U.S. Foreclosures to Reach Record 3.9 Million in 2009 Foreclosure filings in the U.S. will reach a record for the second consecutive year with 3.9 million notices sent to homeowners in default, RealtyTrac Inc. said. RealtyTrac No. 3 and Only Foreclosure Site on List of Top 10 Real Estate 2.0 Websites You will find dozens of Internet sites with foreclosure listing, but RealtyTrac is by far the closest to being a representative of the Web 2.0. Fewer Losing Homes in D.C. Area Bank repossessions of homes in the Washington area declined last month but are on pace to surpass last year's total in most parts of the region by the end of the year, according to RealtyTrac. R.I. Foreclosure Rate Jumped 55% in Oct. Foreclosure filings in Rhode Island rose 55 percent in October compared with a year earlier, according to real estate tracking firm RealtyTrac Inc. Sharp Increase in Inland Southern California Defaults for October Inland Southern California, reeling from failed mortgages, ranked fourth in the nation last month in the rate of all foreclosure activity, anccording to RealtyTrac.

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