Foreclosure activity falls to 42-month low in May
Default notices drop to lowest monthly total since December 2006
Embargoed until 9pm Pacific Wednesday, June 15
Foreclosure filings on U.S. properties fell 33 percent year-over-year in May, hitting a 42-month low, according to a report from foreclosure data site RealtyTrac.
One in every 605 housing units, or 214,927 properties, received a foreclosure filing — default notice, scheduled auction, or bank repossession — last month. That’s a 2 percent drop from April and a 33 percent drop from May 2010.
This post was last modified on %s = human-readable time difference 3:20 am
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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