· Prior to the this settlement, fearing legal liability, some banks chose to slow – or halt – foreclosure starts entirely. Since the settlement’s announcement, though, foreclosure activity has resumed. For today’s Massachusetts home buyers, the foreclosure market represents an.
With apologies to Saint Augustine, that seems to be the message of an article in The New York Times on Friday, by David Streitfeld: The Obama administration, in its most recent housing report, said.
Sales of previously owned homes fell for the third straight month in November, as prices continued to rise year-over-year. suggest that the recovery in housing activity is getting back on track,".
In California, the statewide median sales price for single-family existing homes in November was $554,760; in Massachusetts. Closed sales data continued to show fewer short sales and foreclosures.
BOSTON, January 2, 2013 – The number of completed foreclosures in Massachusetts declined again in November, marking the sixth straight month of year-over-year declines, according to The Warren Group, publisher of Banker & Tradesman. Meanwhile, foreclosure petitions also decreased in November, dropping to the lowest level so far this year.
Trulia: The 10 fastest- and slowest-moving markets Trulia reports that "among the 100 largest U.S. metros, 8 of the 10 fastest-moving housing markets are in California, and homes are selling much faster there than in the rest of the country."
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. at RealtyTrac. Includes local state and local foreclosure market information and statistics.. Foreclosure Activity and 30 Year Interest Rate. Add this chart to.
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"Bank repossessions, or REOs, continued to be the fastest growing segment of foreclosure activity," said RealtyTrac’s chief executive officer, James Saccacio, in a statement. "The sharp rise in REOs ..
Consumer Assistance with Unlawful Foreclosures Posted on Apr 28. The Massachusetts Office of the attorney general brought suit in 2011 against four banks for allegedly violating the Massachusetts Consumer Protection Act (G.L. c. 93A, 2 and 4) by foreclosing on homes before receiving an assignment of the mortgage.
Headlines quick to report foreclosure activity rises in 21 states. News of this activity seemed to cast doubt on a housing recovery, and gives hope to buyers who have been watching the market for great deals that have seemed to evaporate in the last 12 months. One article even said it was the 2012 tidal wave of foreclosures.