RealtyTrac

Bank Reposessions Reach Record Levels For The Second Straight Month

June 10, 2010 by admin · Leave a Comment 

According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide.
As compared to May 2009, all 50 states now show an increase in annual REO activity.
Data like that won’t surprise today’s active home buyers in Elkhart.  Foreclosed homes are prevalent, available and accounted for one-third [...]

Foreclosure Activity Slows For The First Time In Several Years

May 13, 2010 by admin · Leave a Comment 

The national foreclosure rate is finally falling.
According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010.
2 percent may not seem like much, but it’s the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.
To be sure, foreclosure rates remain [...]