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News aggregatorREALTYTRAC’S RICK SHARGA TO DISCUSS FORECLOSURE SOLUTIONS AT CMIS MORTGAGE INDUSTRY SUMMITRealtyTrac vice president Rick Sharga will speak at the Coalition for Mortgage Industry Solutions (CMIS) Executive Leadership Summit on June 17, in Washington, DC. 0Mon, 16 Jun 2008 08:00:00 GMTReal estate expert Rick Sharga, vice president of marketing at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will speak at the first-ever Coalition for Mortgage Industry Solutions (CMIS) Executive Leadership Summit on Tuesday, June 17, at Dickstein Shapiro LLC in Washington, DC.
FORECLOSURE ACTIVITY INCREASES 6 PERCENT IN MAYForeclosure filings were reported on 273,001 properties in May, a 6 percent increase from the previous month and a 55 percent increase from May 2007. 0Fri, 13 Jun 2008 08:00:00 GMT
REALTYTRAC’S RICK SHARGA TO SPEAK ON FORECLOSURE LEGISLATION AT USFN DEFAULT SERVICING CONFERENCEReal estate expert Rick Sharga, vice president of marketing at RealtyTrac™, will speak at the annual 2008 USFN National Default Servicing Seminar on June 6, in San Antonio, Texas. 0Tue, 03 Jun 2008 08:00:00 GMTReal estate expert Rick Sharga, vice president of marketing at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will speak at the annual 2008 USFN National Default Servicing Seminar and Technology Forum on Friday, June 6, at the Grand Hyatt in San Antonio, Texas.
POINT2 TECHNOLOGIES AND REALTYTRAC ENTER MARKETING PARTNERSHIPPoint2 Technologies Inc. and RealtyTrac Inc. today announced a marketing partnership agreement that aims to extend both organizations’ market reach and exposure.0Thu, 15 May 2008 08:00:00 GMTPoint2 Technologies Inc. (“Point2”), the industry’s largest independent provider of website and listing syndication software for real estate professionals, and RealtyTrac Inc. (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced a marketing partnership agreement that aims to extend both organizations’ market reach and exposure while establishing new revenue streams at the same time.
FORECLOSURE ACTIVITY INCREASES 11 PERCENT IN APRILForeclosure filings were reported on 258,627 U.S. properties in April, an 11 percent increase from the previous month and a 75 percent increase from April 2007. 0Thu, 15 May 2008 08:00:00 GMT
FORECLOSURE ACTIVITY INCREASES 4 PERCENT IN APRILForeclosure filings were reported on 243,353 properties, a 4 percent increase from the previous month and a nearly 65 percent increase from April 2007, according to RealtyTrac. 0Wed, 14 May 2008 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 243,353 properties, a 4 percent increase from the previous month and a nearly 65 percent increase from April 2007, according to RealtyTrac® March 2008 U.S. Foreclosure Market Report™.
FORECLOSURE ACTIVITY INCREASES 4 PERCENT IN MARCHForeclosure filings were reported on 233,089 properties nationwide in March, a 5 percent increase from the previous month and a 56 percent increase from March 2007. 0Wed, 07 May 2008 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 233,089 properties nationwide in March, a 4 percent increase from the previous month and a 56 percent increase from March 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 542 U.S. households received a foreclosure filing during the month.
“The March numbers show that overall foreclosure activity so far this year continues to run nearly 60 percent above the levels we saw last year,” said James J. Saccacio, chief executive officer of RealtyTrac.
U.S. FORECLOSURE ACTIVITY INCREASES 23 PERCENT IN FIRST QUARTERForeclosure filings were reported on 649,917 properties during the first quarter, a 23 percent increase from the previous quarter and a 112 percent increase from the first quarter of 2007. 0Wed, 30 Apr 2008 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 649,917 properties during the first quarter, a 23 percent increase from the previous quarter and a 112 percent increase from the first quarter of 2007. The report also shows that one in every 194 U.S. households received a foreclosure filing during the quarter.
“Foreclosure activity in the first quarter increased on a year-over-year basis in 46 out of the 50 states and in 90 of the nation’s 100 largest metro areas, demonstrating that most regions of the country are seeing more foreclosures,” said James J. Saccacio, chief executive officer of RealtyTrac. “
FORECLOSURE ACTIVITY INCREASES 5 PERCENT IN MARCH 2008Foreclosure filings were reported on 234,685 properties nationwide in March, a 5 percent increase from the previous month and a 57 percent increase from March 2007. 0Wed, 16 Apr 2008 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 234,685 properties nationwide in March, a 5 percent increase from the previous month and a 57 percent increase from March 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 538 U.S. households received a foreclosure filing during the month.
“The March numbers show that overall foreclosure activity so far this year continues to run nearly 60 percent above the levels we saw last year,” said James J. Saccacio, chief executive officer of RealtyTrac.
REALTYTRAC AND RELIANCE NETWORK FORGE PARTNERSHIPRealtyTrac™ and Reliance Network LLC today announced a new agreement and strategic partnership that will allow Reliance’s clients to have real-time access to RealtyTrac’s nationwide foreclosure database.0Thu, 10 Apr 2008 08:00:00 GMTRealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, and Reliance Network LLC (www.reliancenetwork.com), a leading developer of Web-based applications for real estate companies and agents, today announced a new agreement and strategic partnership that will allow Reliance Network’s clients to have real-time access to RealtyTrac’s nationwide foreclosure database of default, auction and bank-owned properties.
PHILADELPHIA FORECLOSURE ACTIVITY DOWN 4 PERCENT IN FEBRUARYThe five-county Philadelphia metropolitan area reported 1,147 foreclosure filings in February, a 4 percent decrease from the previous month, according to RealtyTrac. 0Fri, 28 Mar 2008 08:00:00 GMTThe five-county Philadelphia metropolitan area reported 1,147 foreclosure filings in February, a 4 percent decrease from the previous month, but still a 47 percent increase from February 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
DALLAS FORECLOSURE ACTIVITY DOWN 14 PERCENT IN FEBRUARYThe eight-county Dallas metropolitan area reported 2,849 properties with foreclosure filings in February, a 14 percent decrease from the previous month, according to RealtyTrac.0Fri, 28 Mar 2008 08:00:00 GMTThe eight-county Dallas metropolitan area reported 2,849 properties with foreclosure filings in February, a 14 percent decrease from the previous month and a 23 percent decrease from February 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
NEW YORK CITY FORECLOSURE ACTIVITY UP 19 PERCENT IN FEBRUARYThe 10-county New York metropolitan area reported 3,518 properties with foreclosure filings in February, a 19 percent increase from the previous month, according to RealtyTrac. 0Fri, 28 Mar 2008 08:00:00 GMTThe 10-county New York metropolitan area reported 3,518 properties with foreclosure filings in February, a 19 percent increase from the previous month and a 116 percent increase from February 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
LOS ANGELES FORECLOSURE ACTIVITY DOWN 18 PERCENT IN FEBRUARYThe Los Angeles metro area, comprising Los Angeles County, reported 9,658 properties with foreclosure filings in February, an 18 percent decrease from the previous month, according to RealtyTrac. 0Fri, 28 Mar 2008 08:00:00 GMTThe Los Angeles metro area, comprising Los Angeles County, reported 9,658 properties with foreclosure filings in February, an 18 percent decrease from the previous month, but still a 144 percent increase from February 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
CHICAGO FORECLOSURE ACTIVITY UP 8 PERCENT IN FEBRUARYThe eight-county Chicago metropolitan area reported 6,466 properties with foreclosure filings in February, an 8 percent increase from the previous month, according to RealtyTrac. 0Fri, 28 Mar 2008 08:00:00 GMTThe eight-county Chicago metropolitan area reported 6,466 properties with foreclosure filings in February, an 8 percent increase from the previous month and a 20 percent increase from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report.
FORECLOSURE ACTIVITY DECREASES 4 PERCENT IN FEBRUARYForeclosure filings were reported on 223,651 properties nationwide in February, a 4 percent decrease from the previous month but still a nearly 60 percent increase from February 2007. 0Fri, 14 Mar 2008 08:00:00 GMTForeclosure filings were reported on 223,651 properties nationwide in February, a 4 percent decrease from the previous month but still a 60 percent increase from February 2007, according to the latest RealtyTrac U.S. Foreclosure Market Report.
“The 4 percent monthly decrease this February was similar to the 6 percent monthly decrease we saw in February 2007,” said James J. Saccacio, chief executive officer of RealtyTrac. “However, the year-over-year increase of 60 percent this February was significantly higher than the 19 percent year-over-year increase in February 2007, indicating we have still not reached the peak of foreclosure activity in this cycle.”
FORECLOSURE ACTIVITY INCREASES 8 PERCENT IN JANUARY 2008Foreclosure filings were reported on 233,001 properties during January, an increase of 8 percent from the previous month and an increase of nearly 57 percent from January 2007.0Wed, 12 Mar 2008 08:00:00 GMTForeclosure filings were reported on 233,001 properties in January, an increase of 8 percent from the previous month and an increase of nearly 57 percent from January 2007. “January’s foreclosure numbers demonstrate that foreclosure activity is continuing on its upward trend, substantially increasing from a year ago in many states,” said James J. Saccacio, chief executive officer of RealtyTrac. “However, the 8 percent monthly increase in January is not as precipitous as the 19 percent spike we saw in January of 2007, and several key states actually experienced decreasing foreclosure activity from the previous month.”
DETROIT, STOCKTON, LAS VEGAS POST HIGHEST 2007 METRO FORECLOSURE RATESDetroit, Stockton, Calif., and Las Vegas documented the three highest foreclosure rates among the nation’s 100 largest metros in 2007, according to RealtyTrac's Year-End MSA Foreclosure Report.0Thu, 14 Feb 2008 08:00:00 GMTDetroit, Stockton, Calif., and Las Vegas documented the three highest foreclosure rates among the nation’s 100 largest metros in 2007, according to RealtyTrac.
“As expected, the number of properties entering some stage of foreclosure in 2007 was up in the vast majority of the nation’s 100 largest metro areas, with 86 metros reporting increases from 2006,” said James J. Saccacio, chief executive officer of RealtyTrac. “Most of the metro areas with the highest foreclosure rates were either cities like Stockton, with recent meteoric growth and unsustainable home price appreciation, or cities like Detroit, undergoing a more widespread economic downturn.”
U.S. FORECLOSURE ACTIVITY UP 75 PERCENT IN 2007A total of 2,203,295 foreclosure filings were reported on 1,285,873 properties nationwide during 2007, a 75 percent increase in total filings from 2006. 0Wed, 30 Jan 2008 08:00:00 GMTA total of 2,203,295 foreclosure filings were reported on 1,285,873 properties nationwide during 2007, a 75 percent increase in total filings from 2006, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows an annual foreclosure rate of one foreclosure filing for every 57 U.S. households, up from one foreclosure filing for every 92 households in 2006.
A total of 215,749 foreclosure filings were reported in December, up 97 percent from December 2006 and bringing the fourth-quarter total to 642,150 filings on 527,740 properties — up 1 percent from the previous quarter and up 86 percent from the fourth quarter of 2006.
U.S. FORECLOSURE ACTIVITY INCREASES 75 PERCENT IN 2007A total of 2,203,295 foreclosure filings were reported on 1,285,873 properties nationwide during 2007, a 75 percent increase in total filings from 2006. 0Wed, 30 Jan 2008 08:00:00 GMTA total of 2,203,295 foreclosure filings were reported on 1,285,873 properties nationwide during 2007, a 75 percent increase in total filings from 2006, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows an annual foreclosure rate of one foreclosure filing for every 57 U.S. households, up from one foreclosure filing for every 92 households in 2006.
A total of 215,749 foreclosure filings were reported in December, up 97 percent from December 2006 and bringing the fourth-quarter total to 642,150 filings on 527,740 properties — up 1 percent from the previous quarter and up 86 percent from the fourth quarter of 2006.
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