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The following article was published in RealtyTrac's July 2011 Foreclosure Market Trends Report 1.17 Million Homes Receive Foreclosure Notice During First Six Months of the Year Second Quarter Numbers Lowest Since Fourth Quarter of 2007 IRVINE , Calif.
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Although our market isn’t as bad as the Phoenix area, of all the homes sold in Navajo and Apache Counties in 2010, 47% were foreclosed properties or short sales. These “distressed” sales have had a major impact on property values. Year-to-date
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The following article was published in RealtyTrac's April 2011 Foreclosure Market Trends Report Processing Delays Drop Foreclosure Activity to Lowest Total Since Q1 2008 March Default Notices and Bank Repossessions Rebound From Three-Year Lows IRVINE,
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The following was reported by The New York Times, March 3, 2011: A Plan to Phase Out Fannie Mae and Freddie Mac A PROPOSAL to phase out Fannie Mae and Freddie Mac, the government-controlled enterprises that for decades have underpinned the American housing
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By Hubble Smith LAS VEGAS REVIEW-JOURNAL Posted: Jan. 27, 2011 | 1:12 p.m. Nevada saw a 19 percent decrease in foreclosure starts in 2010 -- the first drop in four years -- as more short sales and loan modifications were approved, an annual summary from
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The following article was reported by RealtyTrac in February 2011: Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010 Despite 30-Month Low in December Florida Foreclosure Activity Drops 22 Percent in December, but Bank Repossessions
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The following was reported in ForeclosureRadar.com's monthly report : The headline foreclosure news in October was the suspension of foreclosures by a handful of lenders, after certain procedures were called into question. While the announcements
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The following was reported in the September 2010 edition of RealtyTrac's Foreclosure Market Trends Report: Banks Delay Foreclosures and Pray Property Values Increase By Peter G. Miller You've probably heard that the nation's banks had a $21.6
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The following was reported in the September 2010 edition of RealtyTrac's Foreclosure Market Trends Report: Bank Repossessions Hit Record High for Third Time in Last Five Months IRVINE , Calif. – Sep. 16, 2010 — RealtyTrac® (realtytrac.com),
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About one-half of all the homes sole in Pinetop, Lakeside and Show Low over the last six months were either bank owned or short sales. The large percentage of foreclosures has caused a large drop in property values. When a bank forecloses on a home they
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There have been 42 homes sold in Pinetop, Lakeside, and Show Low so far in 2010. 21 of these sales were REO (foreclosed or bank owned) properties and 4 of them were short sales. The high percentage of distressed sales is driving property values down,
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NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed " short sales " of homes and other loan modification alternatives to stem a rising tide of foreclosures. The Home Affordable
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A "Short Sale" is a sale of property where the lender accepts as full value a price that's less than what is owed on the property, and the lender releases the lien so the property can be sold with a clean title (but the lender might not
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The following was reported in RealtyTrac's August 2009 Foreclosure Market Trends Report: Arizona reported 19,694 properties with foreclosure filings for the month, a 17 percent increase from the previous month, and 48 percent above the level reported
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RealtyTrac reports that Mountain's Meadow LLC and Pineview Properties LLC has received Notice of Trustee Sale. They are the owners of record for Mountain's Meadow in Show Low, which is located behind Walgreens, and is marketed as a gated, Active
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