Ultra-high-end foreclosures up 61% in 2013

Admittedly, the number of ultra high-end properties that have received a foreclosure notice in 2013 is only 200 compared to the 1.2 million properties served with foreclosure papers this year, but.

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Ultra-high-end foreclosures up 61% in 2013 Finding Fraud: Fitch To Overhaul Ratings Process, Will Review Originators and Issuers Securities registered pursuant to Section 12(g) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Nationwide, foreclosure activity on properties in the $5 million-plus value range is up 61% from a year ago, according to RealtyTrac. The trend comes despite the fact that, overall, U.S. foreclosure activity was down 23% in October, compared to October 2012. Although fewer than 200 ultra-high-end properties [.]

The 1.12 million properties with filings during 2014 represent a 61% drop from. Real estate: markets, luxury homes, and cities.. there's no shadow inventory of foreclosures that's going to rear up and disrupt.. I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the.

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Foreclosures in the ultra-high-end housing market – homes worth $5 million or more – have skyrocketed 61 percent over last year. Read more Luxury Home Foreclosures Soar – Up 61% Versus Last Year. Categories Economy, 2013): Foreclosure sounds like the end of the line, but actual.

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Meet the California Homeowners Hit Hard by the Housing Crisis Ultra Foreclosures users have access to extensive and valuable information as available for each property. Listings will provide a property overview to describe which stage of the foreclosure process the home is currently in. pre foreclosures have been served a formal notice of default or lis pendens.

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