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Theresa Springer’s Blog

Foreclosures Fall Drastically From 2012

The average number of foreclosures in the U.S. fell last month by approximately 20% year-over year according to CoreLogic. Last year, around 68,000 homeowners completed the process while this year only 55,000 completed the process. Experts have said that while foreclosure rates have decreased compared to past years, the considered normal amount of completed foreclosures ... MORE

Housing Scorecard Finds Promise in Recent Market Data

The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury released their May Housing Scorecard, which collects key market data and tracks the administration’s recovery efforts. According to the May scorecard, recent market data contains a number of promising indicators and increasing signs of stability. In April, sales of existing ... MORE

Housing Barometer Finds Market Recovering Steadily

Trulia’s Housing Barometer is a monthly analysis of key market indicators, including housing starts, existing-home sales, and the delinquency and foreclosure rates. The barometer compares current conditions with pre-bubble levels and where the numbers were at their worst to determine how quickly the market is returning to normal. According to the most recent report, the ... MORE

Foreclosure Levels Continue To Improve In March

The March Mortgage Monitor report from Lender Processing Services shows foreclosure starts down more than 31 percent from last year, despite a month-over-month increase. But even with the increase from February, the total number of foreclosure starts in March was much lower than the monthly totals from much of last year and the three years ... MORE

Report Finds Continued Stabilization, Positive Home Price Trends

The National Association of Realtor’s Home Price Monitor is a monthly review of several respected measurements of house values. The monitor tracks trends and fluctuations in prices and provides an analysis of the current environment, as well as a forecast for future price performance. April’s report finds most measurements showing month-over-month growth in prices and ... MORE

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