Foreclosure Filings Slip Seven Percent in November

December 14, 2008 by admin · Leave a Comment
Filed under: Mortgage articles 

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Foreclosure filings were reported on 259,085 properties during November, a seven percent decrease from October, but still 27 percent higher than during the same period a year earlier, RealtyTrac reported today.

“Foreclosure activity in November hit the lowest level we’ve seen since June thanks in part to recently enacted laws that have extended the foreclosure process in some states, along with more aggressive Read more

Foreclosure Filings Rise for 34th Consecutive Month; Streak Could End

November 17, 2008 by admin · Leave a Comment
Filed under: Mortgage articles 

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Foreclosure filings were reported on 279,561 U.S. properties in October, a five percent increase from the previous month and a 25 percent increase from the same period a year earlier, RealtyTrac reported today.

However, thanks to recent legislation, foreclosure filings have dropped precipitously in key states, most notably, California.

In the Golden State, overall foreclosure activity was down by double-digit Read more