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Theresa Springer’s Blog

Foreclosures Fall to 45,000 Units

According to data released by CoreLogic, completed foreclosures decreased to 45,000 units in December 2013, a 14% fall from the previous year, but still considered high when compared to pre-recession foreclosure rates. The president and chief executive officer of CoreLogic, Anand Nallathambi said, “clearly, 2013 was a transitional year for residential property in the United ... MORE

Foreclosure Completions Fall By 65,000

Foreclosures dropped in the U.S. according to a report released by CoreLogic. As further proof the housing market continues to make significant strides in recovery, foreclosures fell by 65,000 in July. The number of completed foreclosures averaged around 49,000, down 4,000 from June 2013. As the year comes to an end, home prices and sales ... MORE

Housing Market Remains On The Right Track

According to RealtyTrac’s recent report, over the last year the housing market went into recovery mode as foreclosures fell and home prices continued to increase. Approximately 75 large metropolitan areas reported over 100 on the housing recovery index which suggests the housing market is on the right track. Experts say the housing market is in ... MORE

Mortgage Delinquencies Fall In All States

All signs are pointing toward improvement, as a new report from TransUnion shows that mortgage delinquencies have decreased in all 50 states and the District of Columbia from last year. President Obama recently said that the housing market is “healing” as new foreclosures fell by approximately two-thirds. Group vice president of U.S. housing in TransUnion’s ... MORE

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

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