RealtyTrac: Foreclosure activity picked up in 120 metros

States with the five highest foreclosure rates in October included Florida, Nevada, Maryland, Ohio, and Illinois, according to RealtyTrac’s report. Among the nation’s 20 largest metro areas, the highest foreclosure rates were in Miami, Tampa, Chicago, Baltimore, and Riverside-San Bernardino, California.

How to Find and Buy a Foreclosed Home Home prices regionally are now below their levels of 2000, making Atlanta one of only four metro areas to have. Last fall, after a foreclosure by the Department of Housing and Urban Development,

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Of the 212 metropolitan statistical areas studied by the California-based research firm, 120 markets, or 57% of all surveyed MSAs, saw foreclosure activity pick up in 2012 when compared to year.

Foreclosure Rates Rise on High Unemployment.. foreclosure activity in many of the metro areas in these states actually declined last year.. and the pace of foreclosures is expected to pick.

The 5.3 percent share of flips in the fourth quarter was up 11 percent from the previous quarter. businesses and government institutions can contact RealtyTrac to license bulk foreclosure and.

FL homeowners flock to principal reduction program In Massachusetts, 2,001 homeowners received $123 million in principal reductions. by a high volume of short sales in Florida and California. Coakley’s office is helping local borrowers through its.

2008 Foreclosure Activity Jumps 81 Percent. Sunbelt cities plus Detroit land on top 10 metro foreclosure rates list. March Foreclosures Up 57% in March. The real estate marketing firm RealtyTrac reports 234,685 properties nationwide were subject to foreclosure filings default. Activity has taken a surprising upturn.

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Foreclosure activity hit an 11-year low in this year’s third quarter, as an improving economy and stricter mortgage standards helped stabilize the housing market to pre-2008 levels.

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National foreclosure activity fell to the lowest level since Q2 2007, but pockets of America continued to struggle with foreclosures. We drew on RealtyTrac’s report to highlight the 14 metros with the highest foreclosure rate. note: The metros are ranked by foreclosure rate i.e. 1 in every X homes received a foreclosure filing.

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Remodel activity is at an all-time high nationally. many homeowners are deciding to stay in their home and spruce it up, which is actually making the problem worse. According to RealtyTrac,

Out of the top 12 metro locations for foreclosures, nine were in California for the first quarter. Modesto and Stockton led that state, with one in every 46 and one in every 47 properties under foreclosure, respectively. RealtyTrac reported california accounted for 25% of the entire U.S. foreclosure activity in the first quarter.