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RealtyTrac: May Foreclosures DropThursday, June 16, 2011 @ 1:10AMRealtyTrac, an online marketplace for foreclosure properties, reported Thursday that foreclosure filings in May declined both sequentially and year-over-year. The report showed that one in every 605 U.S. housing units received a foreclosure filing during the month. In its U.S. Foreclosure Market Report for May, RealtyTrac said foreclosure filings were reported on 214,927 U.S. properties in May ...

New Push to Unload Bank-Owned Properties Squeezes Out InvestorsTuesday, June 14, 2011 @ 11:45AMAs big banks and Fannie Mae and Freddie Mac push foreclosures through the pipeline, the inventory of bank-owned properties is rising. They're offering incentives for buyers, but investors are getting squeezed out of the equation.

Foreclosure Sales Centered in Few States, So Why Should We Care?Thursday, May 26, 2011 @ 11:15AMEarlier this week, when we got the report of a bump up in sales of newly constructed homes, I cautioned that the home builders are still facing huge competition from distressed properties. Today we have some new numbers showing just how big and how widespread that competition is.

Foreclosures for sale: Big supply, low pricesThursday, May 26, 2011 @ 6:58AMThere's a three-year inventory of homes in foreclosure for sale, and that's devastating home prices.

Foreclosures: Big Supply Means Low PricesThursday, May 26, 2011 @ 6:04AMThere's a three-year inventory of homes in foreclosure for sale, and that's devastating home prices.

Short Sales Pressure Home PricesThursday, April 7, 2011 @ 1:46PMHome prices fell 6.7 percent in February year over year, according to a new report from CoreLogic. That numbers includes distressed sales, that is, sales of foreclosed properties or short sales, where the bank agrees to let the homeowner sell for less than the value of the mortgage. If you take those sales out, however, home prices were basically flat.

Housing Faces "Double-Dip" In U.S. WestThursday, April 7, 2011 @ 12:32PMHousing's still hurting something bad in the U.S. Existing-home sales slid back down to 4.88 million in February, according to the National Association of Realtors, and new-home sales are nearing 50 year lows, according to the U.S. Census Bureau and HUD's recent joint report. Foreclosures continue to flood the market and housing data firm Corelogic reported last week that a staggering 1.9 ...

RealtyTrac: Feb. Foreclosure Declines - UpdateThursday, March 10, 2011 @ 12:40AMRealtyTrac, an online marketplace for foreclosure properties, Thursday said foreclosure filings in February declined 14 percent from the previous month and 27 percent from last year. According to RealtyTrac Chief Executive Officer James Saccacioa, the activities decreased as the industry is in the midst of a major overhaul that has severely restricted its capacity to process foreclosures. The ...

Investors' Foreclosure Appetite Grows, Headaches AriseTuesday, February 22, 2011 @ 10:04AMInvestors are flocking to home foreclosure sales in California and other states where banks have rescheduled auctions postponed last year to fix loan-servicing flaws.