Foreclosure News - Andrea Pitkowicz

Real Estate Austions - Bidding - Short Sales and MORE

RealtyTrac Article Library

Do New Mortgage Rules Make Borrowers Safer?

You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to “protect” America’s mortgage borrowers.

High-End Foreclosures Rising Among Top Tier Homes

Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide.

Wachovia Changes The Lending Game

With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution.

New States Rules Begin To Impact Foreclosure Numbers

In April, according to RealtyTrac.com, Maryland ranked sixth in foreclosures among all the states but just 30 days later it fell to 22nd for the month of May.

How to Sell Your House Quickly When Facing Foreclosure

If you are currently in foreclosure, strongly consider selling your property as a backup plan.

Top 7 Foreclosure Stories of Past Year

The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007.

Beyond the Foreclosure Blame Game

Real estate investors are becoming a convenient scapegoat for many looking to assign blame for the recent surge in foreclosures and faltering real estate market.

How to Sell a Property via Online Auction

The Internet allows potential buyers to search for properties all over the world, view photographs and due diligence materials online, and participate in auctions all across the country.

FORECLOSURE ACTIVITY INCREASES 7 PERCENT IN MAY

Foreclosure filings were reported on 261,255 properties in May, a 7 percent increase from the previous month and a 48 percent increase from May 2007.

Online Real Estate Auctions: 12 Tips for First-Time Bidders

Online auctions offer both novice and experienced real estate buyers a way to obtain under-valued properties.

The Latest Press on U.S. Foreclosures

RealtyTrac Press Coverage

Southwest Florida Foreclosures Rising Along With Frustration

All told, foreclosure filings in the three-county area hit 2,240 in June, a 3.7 percent increase from the 2,161 the previous month and up 164 percent from the 848 filed in June 2007, said RealtyTrac.

Utah Foreclosures Up 141 Percent

The number of Utah homeowners who received a foreclosure filing in June jumped nearly 141 percent, compared with the same month last year, according to RealtyTrac.

Florida Foreclosures Up 92 Percent

Foreclosure activity is the highest since the Great Depression of the 1930s, said Rick Sharga, RealtyTrac's vice president of marketing.

Six Months, 343,000 Lost Homes

RealtyTrac, an online marketer of foreclosed properties, reported that lenders repossessed 71,563 homes in June. A year ago, just 26,369 homes were taken back.

Foreclosure Filings up Nearly 70 Percent in Wash.

Washington state foreclosure filings were up 69 percent last month compared with the previous June and up almost 10 percent from May, according to RealtyTrac.

Cape Coral-Fort Myers Tops Fla. Foreclosures

The Cape Coral-Fort Myers foreclosure rate in June led the state and ranked fourth in the country, according to RealtyTrac, a California firm that monitors foreclosure actions.

Broward Foreclosures Up 68 Percent, Dade 4 Percent

Foreclosures poured into South Florida's ailing housing market in June, as the mortgage crisis, exacerbated by tougher economic times, continued claiming overextended borrowers in the region.

U.S. Foreclosure Filings Surge 53 Percent in June

The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with June a year ago, according to RealtyTrac.

Foreclosures Rose 53 Percent in June, Bank Seizures Triple

Foreclosure activity is the highest since the Great Depression of the 1930s, said Rick Sharga, RealtyTrac's vice president of marketing.

Famous, But Fighting Foreclosure: Celebs Feel Housing Crunch

Rick Sharga, vice president of marketing for RealtyTrac, which monitors foreclosures, says that people of any income level can get in trouble by buying overvalued homes they can't afford.

Real Estate Austions - Bidding - Short Sales and MORE

The Latest Press on U.S. Foreclosures