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REO - real-estate owned/bankrupt property
- Property flipping rate in Harris County well below national average
Following the housing market collapse, the foreclosure rate surged across the country, which made way for the rising trend of property flipping.September 19th, 2012 10:52am - Government responsible for nearly 250,000 repossessed properties
A recent MSN Money article explained that due to continued home repossessions, the government is now responsible for nearly 250,000 properties.September 16th, 2011 7:47am - National foreclosure activity declines on yearly basis for 11th straight month
According to RealtyTrac's U.S. Foreclosure Market Report for August, the nation's total foreclosure activity continued to decline on a yearly basis, despite higher monthly volumes.September 15th, 2011 2:09am - National foreclosure activity down 4 percent in July
According to RealtyTrac's most recent U.S. Foreclosure Market Report, the number of properties nationwide receiving foreclosure filings during the month was down 4 percent.August 11th, 2011 4:07am - Texas among top 10 in foreclosure activity during 2011, despite national declines
RealtyTrac's recent Midyear 2011 Foreclosure Market Report revealed several trends in terms of foreclosure activity during the first half of 2011.July 15th, 2011 7:18am - Banks could need more than 60 years to clear repossession backlog
According to a recent report from LPS Applied Analytics, some homeowners in danger of having their home repossessed by their bank may not need to worry about any immediate action.June 20th, 2011 9:15am - Foreclosure figure down during May
The most recent data compiled by RealtyTrac discovered that national foreclosure activity decreased during May.June 17th, 2011 6:18am - Shadow inventory to drag housing recovery
While the nation's housing inventory has continued to show modest improvements over the past few months, a report from CoreLogic says that a severe backlog of distressed homes waiting to hit the market will act like an anchor for some future improvements.November 24th, 2010 7:22am
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