Tom & Debbie Clancy - White Mountains Real Estate

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. – July 14,  2011 – RealtyTrac®,  ...

  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 there have been 9 condos and townhomes sold and 8 of those have been bank ...

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, Calif. – April 14, 2011 — RealtyTrac® ...

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 industry, is in draft form right now. But industry experts say the plan will ...

By Hubble Smith LAS VEGAS REVIEW-JOURNALPosted: 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 San Francisco-based ForeclosureRadar showed.The online foreclosure tracking firm counted 86,010 ...

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 Spike more than 45 Percent in Nevada, Arizona, California A total of 3,825,637 foreclosure ...

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 initially focused on 23 judicial foreclosure states outside of our coverage area, Ally (GMAC), PNC ...

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 billion profit during the second quarter, reason ...

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), the leading online marketplace for foreclosure properties, today released its ...

  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 will sell it below market value in order to sell it quickly, and ...