realtytrac

A Record Month for Home Repossessions

One in every 139 U.S. housing units received a foreclosure filing during the third quarter of 2010, with foreclosure filings rising nearly 4% from the previous quarter.

The 10 Worst Real Estate Markets in the U.S.

Despite stimulus programs and all-time low mortgage rates, the real estate market continues to struggle with excess supply, depressed home prices and high foreclosure rates. The key factor? Unemployment.

Foreclosures Still Plague U.S. Real Estate Markets

About 75% of America%u2019s large metropolitan areas saw an increase in home foreclosure in the first half of 2010, according to a new report. RealtyTrac, an online marketplace for foreclosure properties, said that 154 out of 206 metropolitan areas with a population of 200,000 or more saw an increase in the number of foreclosures.

RealtyTrac: Foreclosures Down 3% in May

Research firm RealtyTrac says that foreclosures dropped slightly in May to 322,920, down 3% from April and 1% from a year ago. But, the numbers, while down, remained above 300,000 for the 15th month.

Good News, Bad News on Foreclosures

The first-quarter foreclosure report had good news for the unluckiest, and bad news for almost everyone else. In 14 of the metropolitan areas hardest hit by mortgage defaults, foreclosures declined from 2009. But across the nation, 77% of cities saw foreclosures rise.