RealtyTrac Real Estate Press Coverage

Foreclosures jumped more than 32 percent in the Tampa, St. Petersburg, Clearwater area, compared to May 2008, according to RealtyTrac.0Thu, 11 Jun 2009 07:00:00 GMTAnyone waiting for signs the Tampa Bay real estate market has hit bottom may need to keep waiting. The pace of foreclosures jumped more than 32 percent in the Tampa, St. Petersburg, Clearwater area, comparing this May to the same month in 2008. Just over 6,100 area homes fell into some form of foreclosure in May — that's one home in every 192 — according to real estate statistics firm RealtyTrac.

Foreclosures in Hawaii soared 397.6 percent last month to a record high and pushed the state to its highest national ranking since 2005.0Thu, 11 Jun 2009 07:00:00 GMTForeclosures in Hawaii soared 397.6 percent last month to a record high and pushed the state to its highest national ranking since 2005. Rising unemployment and mass condominium defaults led to Hawaii leading the nation for growth in the rate of foreclosures in May with one for every 621 households.

The number of homes that received a foreclosure notice in May were up 18 percent from 2008, RealtyTrac said. 0Thu, 11 Jun 2009 07:00:00 GMTThe number of homes that received some type of foreclosure notice in May actually decreased 6 percent from April, a bit of good news for a battered housing market. But before anybody celebrates, the number of filings -- on 321,480 U.S. homes -- was still up 18 percent from the same time last year, according to RealtyTrac, an online company that tracks foreclosure properties.

U.S. foreclosure filings surpassed 300,000 for the third straight month in May and may hit a record 1.8 million by the first half of the year, RealtyTrac Inc. said. 0Thu, 11 Jun 2009 07:00:00 GMTU.S. foreclosure filings surpassed 300,000 for the third straight month in May and may hit a record 1.8 million by the first half of the year, RealtyTrac Inc. said.

A study released yesterday by RealtyTrac.com and Truila.com shows that more Americans than ever are interested in buying foreclosed properties. 0Thu, 21 May 2009 07:00:00 GMTA study released yesterday by RealtyTrac.com and Truila.com shows that more Americans than ever are interested in buying foreclosed properties.

The U.S. economic recovery hit a speed bump as American foreclosures rose to record levels in April, according to RealtyTrac.0Wed, 13 May 2009 07:00:00 GMTThe U.S. economic recovery hit a speed bump as American foreclosures rose to record levels in April, according to RealtyTrac.

Foreclosures in April exceeded even March's blistering pace with a record 342,000 homes receiving notices of default, auction notices or undergoing bank repossessions, according to RealtyTrac.0Wed, 13 May 2009 07:00:00 GMTForeclosures in April exceeded even March's blistering pace with a record 342,000 homes receiving notices of default, auction notices or undergoing bank repossessions, according to RealtyTrac.

Foreclosures took a frightening jump up in April. A report from RealtyTrac says that the number moved up 32% over April of last year and hit 342,038.0Wed, 13 May 2009 07:00:00 GMTForeclosures took a frightening jump up in April. A report from RealtyTrac says that the number moved up 32% over April of last year and hit 342,038. Home defaults and auctions rose 47% over the same period.

For the last several months, foreclosures in Southwest Florida had showed signs of ebbing.0Wed, 13 May 2009 07:00:00 GMTFor the last several months, foreclosures in Southwest Florida had showed signs of ebbing. But experts say it was the effect of government moratoriums and self-imposed limits by lenders who found it had become passé to reclaim homes while the Obama administration sought to right the housing market.

According to RealtyTrac, an Irvine-based foreclosure monitoring company, notices of default, the first step in the foreclosure process, were issued for 6,019 homes in Riverside County last month.0Wed, 13 May 2009 07:00:00 GMTAccording to a report released late Tuesday by RealtyTrac, an Irvine-based foreclosure monitoring company, notices of default, the first step in the foreclosure process, were issued for 6,019 homes in Riverside County last month.

Foreclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers.0Wed, 13 May 2009 07:00:00 GMTForeclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers.

Foreclosure rates continued to climb, casting doubt on the Obama administration's foreclosure prevention plan, according to RealtyTrac. 0Wed, 22 Apr 2009 07:00:00 GMTForeclosure rates continued to climb in the first quarter in many parts of the country, casting doubt on the effectiveness of the Obama administration's foreclosure prevention plan, according to RealtyTrac.

"For a lot of these places, foreclosures occurred in a new developments," says RealtyTrac's Daren Blomquist.0Tue, 21 Apr 2009 07:00:00 GMT"For a lot of these [places, foreclosures occurred in a] new development where they built a bunch of new homes in the last couple years," says Daren Blomquist, marketing communications director at RealtyTrac. "And it was the place to be, at least for a while."

RealtyTrac has released its U.S. Foreclosure Market Report for the first quarter of 2009:0Thu, 16 Apr 2009 07:00:00 GMTRealtyTrac has released its U.S. Foreclosure Market Report for the first quarter of 2009:

The data firm RealtyTrac reported that foreclosure filings surged 9 percent to 803,489 properties in the first quarter of 2009. 0Thu, 16 Apr 2009 07:00:00 GMTThe data firm RealtyTrac reported that foreclosure filings surged 9 percent to 803,489 properties in the first quarter of 2009. RealtyTrac said that foreclosure notices increased 17 percent in March from February.

Foreclosure activity soared to a record high in Riverside and San Bernardino counties last month, according to RealtyTrac.0Thu, 16 Apr 2009 07:00:00 GMTForeclosure activity soared to a record high in Riverside and San Bernardino counties last month, as lenders sent notices of default, the first step in the foreclosure process, after delays from moratoriums and a California law that required them to contact borrowers and try to find an alternative.

Hawaii's foreclosure activity rose a staggering 503 percent in March, the ninth consecutive month of double-digit increases for the state, according to RealtyTrac.0Thu, 16 Apr 2009 07:00:00 GMTHawaii's foreclosure activity rose a staggering 503 percent in March, the ninth consecutive month of double-digit increases for the state, according to RealtyTrac.

One in every 136 Michigan housing units received a foreclosure filing during the first three months of 2009 -- a bleaker rate than the first quarter of 2008. 0Thu, 16 Apr 2009 07:00:00 GMTOne in every 136 Michigan housing units received a foreclosure filing during the first three months of 2009 -- a bleaker rate than the first quarter of 2008.

U.S. foreclosure activity leaped 46 percent in March from a year earlier, hitting a record high as programs stunting the torrid pace of failing mortgages expired, RealtyTrac reported on Thursday.0Thu, 16 Apr 2009 07:00:00 GMTU.S. foreclosure activity leaped 46 percent in March from a year earlier, hitting a record high as programs stunting the torrid pace of failing mortgages expired, RealtyTrac reported on Thursday.

Foreclosure filings spiked in March despite industry and government efforts to keep people in their homes, according to data from RealtyTrac released today. 0Thu, 16 Apr 2009 07:00:00 GMTForeclosure filings spiked in March despite industry and government efforts to keep people in their homes, according to data from RealtyTrac released today. The spike in filings probably was related to the expiration of several foreclosure moratoriums across the country, said Daren Blomquist, a RealtyTrac spokesman. Many of the latest filings represented lenders starting the foreclosure process on delinquent homeowners, he said.