Tag: REO
Foreclosure Sale Discounts Rising Across U.S.
Median Price of Foreclosed Homes 36 percent Less Than Median for All Sales in Third Quarter of 2020; Discount Up for Fourth Straight Quarter; Gap Highest in Lower-Prices Areas of Nation Buying a foreclosed home in the United States isn’t always as sweet a deal as it looks on paper. It could sit in a distressed neighborhood or come with a long... Read More »
U.S. Foreclosure Activity Hits Historic Lows Amid Coronavirus Pandemic
There were 14,148 U.S. properties with foreclosure filings in April 2020, down 70 percent from March 2020 and down 75 percent from a year ago. Nationally, one in every 9,639 U.S. properties received a foreclosure filing during the month of April. Not surprisingly, due to recent federal legislation ordering a two-month moratorium on foreclosures... Read More »
January 2019 Foreclosure Filings See an Uptick
ATTOM Data Solutions, curator of the nation’s premier property database, released its January 2019 foreclosure activity (State/MSA/County/ZIP and City code data available). Nationally there were a total of 56,251 U.S. properties with foreclosure filings in January 2019, up 8 percent from the previous month but down 19 percent from a year ago —... Read More »