More than half of US metros post higher foreclosure activity

U.S. Foreclosure Activity Increases 9 Percent in May. "Our first quarter foreclosure sales report showed that the average price of a pre-foreclosure home was more than $27,000 higher than the average price of a bank-owned home – which quickly adds up given that there have been an average.

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An analysis of foreclosure activity by. Less than half of all active foreclosures are now tied to loans originated during the last housing bubble, one of several data milestones in this report.

"As this tide recedes the strong economic tide is pushing us to historic sales for our region." Other states with foreclosure rates among the top four highest nationwide posted increases in.

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residential stratification in American metropolitan areas.. the U.S. – spanning the period of time before, during, and after the recession – to understand. significantly greater for black and other minority families than for similarly positioned white. knowledge of how the surge in foreclosure activity during the 2007 financial.

In 20 of the top 30 metros, more than 80 percent of homes purchased by business buyers were all cash. On the other hand, the cash sales share of condos and co-ops was higher than that of single family homes in 28 of 30 metros (Figure 3).

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Best Way To Find Free Foreclosures Online From Foreclosure to Re-Redlining – the U.S. as a result of the crisis in our banking and housing finance system. In each of the five survey cities, foreclosure activity disproportionately affected. California cities are more likely than the national average to be saturated. The same patterns of higher denials in neighborhoods of color held true when looking .