While lowering the down payment on a mortgage may clear one major hurdle to homeownership, a report released by RealtyTrac Tuesday revealed that a monthly mortgage payment is affordable to those with non-mortgage debt in less than half of the counties in the U.S.
Read More »Despite Q3 Decline, Zombie Foreclosure Problem Lingers In Many Areas
While zombie foreclosures in the U.S. declined overall in the third quarter, they continue to be a problem in some areas, according to RealtyTrac's Q3 2014 Zombie Foreclosure Report released earlier this week.
Read More »Zombie Foreclosures Decline Quarterly, Annually
The number of "zombie" foreclosures in the U.S. declined both quarter-over-quarter and year-over-year in the third quarter of 2014, according to RealtyTrac's Q3 2014 Zombie Foreclosure Report released today.
Read More »Distressed Homes Discount Averages 37 Percent in September
Distressed residential properties had a median sales price of 37 percent below the median sales price of non-distressed properties nationwide in September, according to RealtyTrac's Q3 2014 Residential and Foreclosure Sales Report released Tuesday.
Read More »Percentage of Short, Distressed Sales Falls to Three-Year Low
Short sales and sales of distressed properties (those that are in foreclosure or bank-owned) accounted for 12.7 percent of all residential home sales in the U.S. in the third quarter, according to RealtyTrac's Q3 2014 Residential Sales Report released today.
Read More »Report: Highest Percentage of Seriously Underwater Loans in Q3 Originated During Housing Boom
The highest percentage of residential mortgage loans that were seriously underwater in the third quarter were originated during the housing bubble between 2004 and 2008, according to RealtyTrac's U.S. Home Equity & Underwater Report for Q3 2014.
Read More »Same Three States Top Negative Equity List in Q3 for Fourth Straight Quarter
Nevada, Florida, and Illinois were the top three states in negative equity for residential properties in the third quarter of 2014, marking the fourth consecutive quarter those three states led the nation in that category, according to RealtyTrac's Home Equity & Underwater Report for Q3 2014 released Thursday.
Read More »Seriously Underwater Mortgage Rate Sinks to Lowest Level in Two Years
The number of U.S. homeowners who were seriously underwater in the third quarter declined 11 percent from the previous quarter, hitting its lowest level in more than two years, according to RealtyTrac's Q3 2014 Home Equity & Underwater Report released Thursday.
Read More »Foreclosure Activity Way Down in New Mexico for Q3, September
Foreclosure activity plummeted in New Mexico both in the third quarter and in September, according to RealtyTrac's Q3 2014 Foreclosure Report recently released.
Read More »Maryland Foreclosure Activity Jumps in Q3
Maryland saw a spike in foreclosure activity in the third quarter that gave it the second highest foreclosure rate in the nation behind only Florida, according to RealtyTrac's Third Quarter 2014 Foreclosure Report released earlier this week.
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