08 Aug 2013
By Fred Gruber

RealtyTrac Report Shows Home Prices Increasing At Highest Rate Since 1977

Housing Analysis , ,
U.S. housing markets continue to drive the economic recovery according to data released by RealtyTrac Inc. National home prices rose by 11.90 percent year-over-year for June. 48 states reported rising home prices with only Delaware and Mississippi reporting lower home prices. Nevada led the states with a 26.50 percent gain over June 2012. Cities also fared well on housing prices; 99 of the 100 largest U.S. cities reported gains in home prices. Rising Home Prices And Mortgage Rates, Short Supply Of Homes According to Mark Fleming, chief economist for CoreLogic, home price trends are rising at their fastest pace since…
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18 Jun 2013
By Fred Gruber

RealtyTrac Foreclosure Report Shows 28% Decrease From May 2012

Housing Analysis , ,
Foreclosure actions increased by 2.0 percent in May from April's 75 month low point for foreclosure activity according to RealtyTrac's U.S. Foreclosure Market Report released June 11. However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings. RealtyTrac reports that approximately one in 885 homes were in some stage of foreclosure in May. This does not mean that 1 in 885 homes was lost to foreclosure, but it does indicate that documents related to some phase of foreclosure (Notice of Default, Notice of Trustee Sale, and Bank Reposession) were filed. Actual lender…
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