residential foreclosure activity last month dropped to its lowest level since November 2005, according to new statistics released by ATTOM Data Solutions. There were 77,049 foreclosure filings-including default notices, scheduled auctions and bank repossessions-reported in April, a seven percent drop from the previous month and a 23 percent.
Foreclosure starts down nationwide, up in 36 percent of local markets. Lenders started the foreclosure process on 91,849 U.S. properties in Q3 2018, down 6 percent from the previous quarter and down 3 percent from a year ago – the 13 th consecutive quarter with a year-over-year decrease in foreclosure starts.
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Florida’s foreclosure rate dropped out of the top three highest among the states for the first time since June 2012 thanks in part to a 33 percent year-over-year decrease in foreclosure activity in August to the lowest level since April 2007.
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National foreclosure rates continued their recovery in 2018 from their peak during the Great recession. foreclosure filings were reported on.
Foreclosure activity drops to pre-recession levels nationwide. That figure represents the lowest level of foreclosure activity reported since the third quarter of 2006.. More than 100.
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Foreclosure filings in the U.S. have remained below pre-recession levels for the past 18 months. Properties with foreclosure proceedings started was up 4 percent last quarter but down 19 percent from a year ago, according to a thursday news release from Attom Data Solutions, a national property database.
New-home sales decline in January to three-month low Sales of existing homes suffered their biggest drop in three years in January, but the news was bad for consumers trying to buy homes, not those trying to sell them. In short, the 3.2 percent.
Florida Banking e-Insights: Q3 2018 Foreclosure Activity Down. – "A decade after poorly underwritten mortgages triggered a housing market crash, it’s clear that the foreclosure risk associated with those problem mortgages has faded – average foreclosure timelines have dropped to a two-year low, and the share of foreclosures tied to 2004-to-2008 loans has dropped well below 50 percent," said Daren Blomquist, senior vice president at ATTOM Data Solutions.