RealtyTrac: Foreclosure activity picked up in 120 metros

RealtyTrac also rated "metro. had the worst foreclosure rate in the country in October. One in every 257 houses was in foreclosure. The Trenton-Mercer area was number three. "The six percent.

9:45am | RealtyTrac today released its U.S. Foreclosure Market Report for January, showing foreclosure filings were up 1% from the previous month, but down 17% from January 2010. But the year-over-year drop may be more of a sign that lenders are too understaffed to deal with all the paperwork that goes along with foreclosures, than a sign of recovery in the housing market, one of the report.

Foreclosure activity. estate researcher RealtyTrac Inc. One of every 1,482 homes in the two-county market were in some stage of foreclosure, which ranked 107th among the nation’s largest metro.

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The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits.

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Foreclosure filings fell 2% in May, compared with April, pushing foreclosure activity down to a 42-month low, according to RealtyTrac’s monthly foreclosure market report, released on Thursday. Filings were reported on 214,927 properties last month, an amount that’s down 33% compared with May 2010, the firm reported.

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According to RealtyTrac, “The list of states with increased activity in the last months of 2014 includes those with judicial foreclosure backlogs, such as Massachusetts, New Jersey, Pennsylvania, and New York.” Such backlogs mean that in New Jersey and Pennsylvania, the foreclosure process often takes three years or more.

What to Expect When Buying Foreclosures in 2015 | RealtyTrac Report Of the Florida markets with top 10 foreclosure rates, all posted annual decreases in foreclosure activity except for Port St. Lucie (up 19 percent from a year ago), Lakeland (up 2 percent), and Deltona-Daytona Beach-Ormond Beach (up 21 percent). The only metro area outside Florida with a top 10 foreclosure rate in the first half of 2014 was Rockford, Ill., where 1.24 percent of housing units (one in 81) had a.

Number of Americans in foreclosure plummets: LPS Survey: The Number of Americans in Foreclosure Down 25. – The number of Americans in the foreclosure process has fallen by nearly 25 percent in the past year. (Ross D. Franklin/AP) As home prices rise and sales pick up, the housing crisis is increasingly.

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