Topics :: foreclosure
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Foreclosures Equal 31% of Home Sales in 2Q
By DEREK KRAVITZ | Friday Sep 2, 2011
Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the previous quarter, it’s six times the percentage of foreclosures in a healthy housing market.
Home Contracts Fall Again
By DEREK KRAVITZ | Wednesday Aug 31, 2011
The number of people who signed contracts to buy homes fell in July, further evidence that the depressed housing market remains a drag on the economy. The National Association of Realtors said Monday that its index of sales agreements fell 1.3 percent.
More Americans at Risk of Foreclosure
By DEREK KRAVITZ | Wednesday Aug 24, 2011
The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles.
Home Sales On Pace to Be Worst in Fourteen Years
By DEREK KRAVITZ | Monday Aug 22, 2011
The number of people who bought previously occupied homes fell in July for the third time in four months. This year is on pace to be the worst in 14 years for home sales, as more Americans worry that the economy could slip back into another recession.
Boston Auctions More Than 500 New Bank-Owned Area Properties
Friday Jun 10, 2011
A new wave of Boston area and Northeast foreclosures have hit the market and Auction.com, a global leader in real estate auctions, has begun to auction 521+ new Northeast area bank-owned properties.
How One Neighborhood Hit by Mortgage Crisis Battled Back
By ADAM GELLER | Friday Apr 8, 2011
Windy Ridge is a small petri dish in a much larger experiment. Across the country, city officials, non-profits and others are searching for ways to stabilize neighborhoods pummeled by foreclosures - most visibly by buying up vacant houses.
Empty Houses as Nevada’s Boom Ends
By CRISTINA SILVA | Thursday Mar 17, 2011
The Ackerly’s home is now among a swelling number of abandoned houses in Nevada. There were 167,564 empty houses in the state last year, according to newly released U.S. Census data, more than double the number in 2000.
Sluggish New Home Sales Drag Down Economy
By CHRISTOPHER S. RUGABER, DEREK KRAVITZ | Sunday Feb 27, 2011
Sales of new homes plummeted in January, and businesses ordered fewer long-lasting goods. But the number of people applying for unemployment benefits has fallen over the past four weeks.
More Than One Million Foreclosures Predicted for 2011, Breaking 2010 Record
By JANNA HERRON | Sunday Jan 16, 2011
Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages.
2010: Worst Year in Home Sales in Thirteen Years
By JANNA HERRON | Saturday Jan 1, 2011
he number of people who signed contracts to buy homes rose in November, the fourth increase since hitting a low in June. Even with the gains, this year is shaping up to be the worst for home sales in 13 years.
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