New York foreclosure courts face seven-year backlog: RealtyTrac

New York, Oregon and New Jersey. As of Dec. 31, some 421,164 homes were owned by banks but not yet sold, down 17 percent from a year earlier, RealtyTrac said. Another 642,927 homes were in some stage.

Pending home sales hit two-year high: NAR Contracts to buy previously owned homes rose to an eight-month high in March, the National Association of Realtors said on Tuesday. The NAR’s pending home sales index increased to a reading of 105.8, up 3.8 percent from the prior month and the highest since July. February’s index was unrevised at 101.9.

Manhattan real estate has never been more expensive New York foreclosure courts face seven-year backlog: RealtyTrac S&P/Experian: Mortgage default rates increase two months straight U.S. Department of Housing and Urban Development. months in 2016 and the third straight year of declining months’ supply. A. average for months’ supply of homes.

Foreclosures peaked in 2010 at 1.05 million and have been declining ever since. The number of homes taken back by banks in the third quarter climbed from the previous quarter in 26 states, including New York, New Jersey, Illinois and Virginia, RealtyTrac said. Much of the quarterly increase in foreclosures came about in states where courts.

As the economy turns around, "you will see an improvement in housing markets and in foreclosure activity," said Rick Sharga, a RealtyTrac senior vice president. "The problem is that there’s such a.

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According to an article in, the number of homes entering into foreclosure hit a seven-year low in the third quarter of this year. This shows fewer homeowners are failing to meet mortgage.

New York foreclosure courts face seven-year backlog: RealtyTrac. performance Firm delivered strong York foreclosure system reached district court judge Large Number of Foreclosed Homes Are Abandoned by Owner. New foreclosure filings fall to Seven-Year Low.. have seen a growing backlog of.

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LOS ANGELES – The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third. foreclosure listing firm RealtyTrac Inc. said Thursday.. including New York.

Fannie Mae, Freddie Mac Reform Likely Not Happening this Year: Mnuchin.. New York and Illinois rounded out the top three on the list. Sixty-seven percent of commercial real estate executives said they expect cap.. a foreclosure backlog of loans originated between 2004 and 2008, according to.