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Home | Tag Archives: RealtyTrac

Tag Archives: RealtyTrac

Sales Of All-Cash Homes Decline In Q2

cash-money

The second quarter of 2014 saw fewer all-cash home sales than the first quarter as institutional investors backed off from the market. In a quarterly report released Tuesday, RealtyTrac reported all-cash transactions made up 37.9 percent of all single-family home and condo sales in April, May, and June, down from the first quarter's three-year high of 42.0 percent but up from 35.7 percent in the year-ago quarter.

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Foreclosure Filings Up in July

foreclosure-three

Foreclosure activity on U.S. housing units showed a 2 percent increase in July from the previous month but was still down 16 percent from the same month last year, according to RealtyTrac's July 2014 U.S. Foreclosure Market Report released on August 14.

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Homes “Seriously Underwater” Down in Second Quarter

Foreclosure, REO, News, Webcast

In a positive sign for the housing market, RealtyTrac reported Thursday a decrease nationwide in homes that were classified as “seriously underwater”, down to 9.1 million homes in the second quarter of 2014, representing 17.2 percent of all homes nationwide. The number is a decrease from the 17.4 percent of underwater homes recorded in the first quarter

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Zombie Properties Continue to Linger Nationwide

Zombie properties serve as a lingering reminder of a housing market still in the midst of self-correction. They serve as a legacy of the recent housing crisis, a byproduct of lengthy foreclosure timelines and mercurial state foreclosure statutes. RealtyTrac recently released a nationwide analysis of zombie properties, examining both states and institutions that have the most zombie properties.

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RealtyTrac: Natural Disaster Risk ‘Very High’ for 10.6M Housing Units

RealtyTrac released its first-ever Natural Disaster Housing Risk Report Thursday, which assigns a risk score for a natural disaster to more than 3,000 county housing markets nationwide. Scores were based on risk data for three natural disasters—hurricanes, tornadoes, and earthquakes—and each county was assigned to one of five categories based on their score: Very High Risk, High Risk, Medium Risk, Low Risk, and Very Low Risk.

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Is Unemployment Stifling the Housing Market?

The unemployment rate was unchanged in May, staying put at 6.3 percent with 9.8 million Americans unemployed. Unemployment is the lowest it has been since September 2008. However, RealtyTrac's Octavio Nuiry makes the case that there is more to unemployment than percentages, and that a hidden actor is depressing housing market growth—and could cause more problems in the future.

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Foreclosure Filings Fall in May by 5%

Foreclosure filings were reported on roughly 110,000 U.S. properties in May, a 5 percent decrease from April, according to RealtyTrac's latest U.S. Foreclosure Market Report. Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, were down 26 percent year-over-year in May to the lowest level since December 2006.

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