Report: Foreclosure Inventory Hits Record Level in June

In particular, foreclosures soared to new record highs in June, LPS found: The national foreclosure inventory rate during June was 2.86%, up 2.5% from one month earlier and a huge increase of 86.1.

Price action hit a wall in the south florida residential market. Today we will look at the median sale prices of single-family homes and condos in Miami, Fort Lauderdale, Boca Raton and surrounding areas. Existing home sales on a national level look like they are exhausted as well. South Florida was ground zero during the last housing crash.

The report shows that 2,136 foreclosures were initiated statewide during the month of May 2007, 32.34% higher than the number recorded in May 2006." "Over the past 12 months, lenders initiated foreclosure proceedings against 23,638 homeowners, representing a 74.14% increase over the same period a year earlier.

California AG Wants Pay Option ARM Answers These 2 BofA charts show mortgages aren’t coming back fha reo inventory up 47% from one year ago Real Estate Daily Market Update: February 15, 2018 – Inman – Real estate daily market update: February 15, 2018.. higher than the same week one year ago. The refinance share of mortgage activity increased to 46.5 percent of total applications from 46.4.Billionaire Hughes purchases thousands of homes to rent american homes 4 Rent: Plenty Of Red Flags – which carry much higher yields than American Homes 4 rent common equity. Many of these retail investors are comforted by the large insider ownership holdings (nearly 13M shares, or over $260M worth of.The Fed has already been tightening for two years and mortgage rates which have risen a 100 basis points are likely to dampen home affordability and new purchases as we go into the spring buying.With Indeed, you can search millions of jobs online to find the next step in your career. With tools for job search, resumes, company reviews and more, we’re with you every step of the way.

Freddie Mac announced that the average rate for a 30-year fixed rate mortgage fell to 3.82% on June 6-its lowest level in nearly two years.

Foreign affairs could stall housing reform UN News produces daily news content in Arabic, Chinese, English, French, Kiswahili, Portuguese, Russian and Spanish, and weekly programmes in Hindi, Urdu and Bangla. Our multimedia service, through this new integrated single platform, updates throughout the day, in text, audio and video – also making use of quality images and other media from across the UN system.

How to buy a house at the foreclosure auction Part 1 Bank repossessions, often the final step in the foreclosure process after a home fails to sell at auction, increased about 3 percent from the month before to 95,364, a record high.

CAR: record home prices, low inventory continues in June. CAR reports on Denver area, as well as state, for June report. Overall, June was a strong month.

New home foreclosure filings nationwide inched up in July, signaling the first year-over-year rise after three consecutive years of decreases. The report from Attom.

Fannie, Freddie to raise g-fees in April Mel Watt’s first act overseeing fannie mae and Freddie Mac came before he officially started. Mel Watt’s first act overseeing Fannie Mae and Freddie Mac came before he officially started..

Staten Island: Foreclosures Down 19% Year-Over-Year. A total of 153 new foreclosure cases were registered in Staten Island in the first three months of 2019 a 19% drop over the same period last year. For the last previous quarters, foreclosures were above the 140 mark, the only exception being Q3 2018, when only 48 homes ended up being foreclosed.

Foreclosure protection will expire in July for some homeowners who were impacted by 2012’s Superstorm Sandy. Here’s what lawmakers are saying about new legislation which might just extend that.

Continued Improvement Pushes Mortgage Delinquencies to New Record Low in May; Prepayment Activity Doubles Over Past Four Months.. By Dave Hurt June 28, 2019 Capital Markets, more than doubling over the past four months to reach its highest level in more than two years. Read more in @Black.