RealtyTrac: 20% of foreclosures remain vacant after owner departs

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Items Tagged with ‘Property law’ RSS.. RealtyTrac: 20% of foreclosures remain vacant after owner departs.. Twenty percent of foreclosures nationwide sit empty after an owner vacated the.

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Twenty percent of foreclosures nationwide sit empty after an owner vacated the premises, representing 167,000 distressed properties across the country, RealtyTrac announced Thursday. While it’s.

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Home buyers, get the most for your money. According to separate data from RealtyTrac, an online marketplace of foreclosure properties, the average discount on bank-owned properties was 34% in.

Foreclosures jump 30 percent in 3rd quarter: "Given the number of loans due to reset through the middle of 2008, and the continuing weakness in home sales, we would expect foreclosure activity to remain high and even increase over the next year in many markets," said James J. Saccacio, chief executive officer of RealtyTrac.

Wholesaling Real Estate with delinquent taxes Florida Vacant Foreclosure Homes: One-Third of U.S. – Florida foreclosures are still making the record books: a new report from RealtyTrac reveals that the State of Florida has more than FIVE times the number of vacant foreclosure homes than the next 5 states if you added all those states’ vacant home totals together. Florida has 55,000+ vacant homes in foreclosure; Illinois, California, Ohio, New York and New Jersey follow in the list of most.

The foreclosure rate is leveling off, according to RealtyTrac, but the Census Bureau found that. but potential homebuyers facing 9.1% national unemployment and tight credit requiring a 20% down.

It isn’t the sort of list you’d want to be on – but having more foreclosures than anywhere else in the country, is a badge of something. RealtyTrac published its. NV 88,198 10.88 9 -7.02 31.20 2.

U.S. Foreclosure Filings May Jump 20% in 2011 as Crisis Peaks. By Dan Levy and Prashant Gopal – Jan 13, 2011 8:04 AM PT. The number of U.S. homes receiving a foreclosure filing will climb about 20 percent in 2011, reaching a peak for the housing crisis, as unemployment remains high and banks resume seizures after a slowdown, RealtyTrac Inc. said.

FORECLOSURE BUSINESS NEWS – Foreclosure Cleanup Network – On Oct.15, foreclosure-tracker realtytrac reported nevada led. Read More FORECLOSURE BUSINESS NEWS 4 Comments New home sales fall a surprising 3.6 percent WASHINGTON – Sales of new homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane. The Comme. Read More