RealtyTrac: May foreclosures inch up 2%

CHICAGO (MarketWatch) – Foreclosure filings fell 2% in May, compared with April, pushing foreclosure activity down to a 42-month low, according to RealtyTrac’s monthly foreclosure market.

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Zombie foreclosures – residential properties in the foreclosure process that were vacant – dropped 30.1% in the second quarter from the year before, according to new data from RealtyTrac.

This was reported by RealtyTrac, the leading online marketplace of foreclosure properties, while releasing its foreclosure market report. According to the report, foreclosure filings for the reported.

Just under a quarter – that is 24.6% – of all single family home and condo sales in May were all-cash purchases, down from 28.5% in the previous month and down from 30.4% a year ago to the lowest level since November 2009,RealtyTrac reports. The cash sales share in May was close to its long-term.

Considering that the national foreclosure rate has dropped significantly in the past year, it would make sense that distressed sales also declined, right? Not so, according to RealtyTrac’s December and Year-End 2013 U.S. Residential & Foreclosure Sales Report, which shows that short sales and foreclosure-related sales – including sales to third-party buyers at public foreclosure [.]

The number of New York City homes hit by foreclosure notices was 621 in January, 53% lower than in January 2011 and up 2% compared with December 2011, said RealtyTrac, a foreclosure-tracking firm.

Into the void: What the decision in Yvanova means According to the Court decision, borrowers now have the right to challenge an allegedly wrongful foreclosure. Before this decision, the majority of courts in California upheld that borrowers did not have the right to challenge the void assignment of a note and deed of trust. What was the Yvanova case about?Survey shows homeownership is still the American Dream FHFA, RBS reach nearly $99.5 million MBS settlement RBS must still reach a deal with the U.S. Department of Justice on a separate investigation into similar claims, which could be even more costly if the precedent set by American banks is followed. Following the FHFA settlement, RBS will still have almost $4 billion of provisions for U.S. mortgage bonds principally related to the DOJ probe.The American Dream is the belief that anyone can attain their own version. Today, home ownership is frequently cited as an example of. For example, the Federal Reserve's 2016 Survey of Consumer Finances shows that.

Nevada pre-foreclosure sales jumped 29% from the previous quarter and were up 2% from the second quarter of 2009, but Nevada REO sales decreased 14% from the previous quarter and were down 43%.

Overall foreclosure filings – default notices, scheduled auctions and bank repossessions – in the United States were reported on 128,560 properties in August, a drop of 2% compared to July and 34% compared to August 2012, according to RealtyTrac in its "U.S. Foreclosure Market Report for August 2013".

TEL AVIV (MarketWatch) — Foreclosure filings in the U.S. rose 6% from a year earlier and fell 2% from January 2010, RealtyTrac reported on Thursday. These filings — default notices, scheduled.

PENDING HOME SALES DOWN IN WEST Pending home sales in Western states slipped 2.6 percent in April from a year earlier, a victim of "pronounced inventory constraints," according to a report from the National Association of Realtors.. California and other Western states have some of the tightest real estate markets in the nation, crimping sales.