Washington, DC Real Estate
Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac. In December 2011, the number of foreclosure filings nationwide fell 9 percent from the month prior. Not since November 2007 has foreclosure activity been this sparse across the country. The drop does not appear to be seasonal, either. Last month's foreclosure filings were down 20 percent from December 2010 with "foreclosure filing” defined to include any one of the following … [Read more...]
Foreclosure activity continues to concentrate over just a few states. According to foreclosure-tracker RealtyTrac, November's foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010. "Foreclosure filing" is a catch-all term for the various "action steps" throughout the foreclosure process. The grouping comprises default notices, scheduled home auctions, and bank repossessions. As in most months, though, foreclosure activity remains concentrated by … [Read more...]
Foreclosed homes are a hot market throughout DC -- and supplies are ramping up. According to foreclosure-tracking firm RealtyTrac, October's foreclosure filings rose 7 percent to 231,000 filings nationwide. A "foreclosure filing" is any one of the following foreclosure-related events : A default notice on a home; a scheduled auction for a home; or, a bank repossession of a home. Because of this definition, a single home can account for up to 3 foreclosure filings -- one from each … [Read more...]
Foreclosure activity continues to slow throughout the United States. According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 215,000 in September 2011, a 6 percent decrease from August. A "foreclosure filing" is defined as any foreclosure-related action including Notice of Default, Scheduled Auction, or Bank Repossession. September marks the 12th straight month in which foreclosure filings fell year-over-year. There are … [Read more...]
For the 9th straight month last month, foreclosure activity slowed. According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June. The phrase "foreclosure filing" is a catch-all term, comprising default notices, scheduled auctions, and bank repossessions. June marked the ninth consecutive month of sub-300,000 filings after 20 months above it -- a promising signal for the housing market in District of … [Read more...]
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