The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third quarter, reflecting a gradually improving housing market and fewer homeowners falling behind on mortgage payments.
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The number of foreclosed homes continues to fall across the country, which is helping the U.S. housing market creep back to normal.
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RICHMOND, Calif. — Gayle McLaughlin looks and sounds like the former school teacher and data entry worker she was — down to her sensible brown walking shoes.
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RealtyTrac chose a few sweet spots in the housing market, including Wichita County, Texas. CNBC’s Diana Olick reports home prices are low, and rents are high there.
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According to a new report, there are over 1.34 million homes in the foreclosure process. CNBC’s Diana Olick looks at how distressed homes are selling and where investors can get the best deals. Honolulu is on the list.
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In August, the number of homeowners entering the foreclosure process, known as foreclosure starts, fell below pre-recession levels for the first time. In some states, the decline in foreclosure starts has been even more pronounced, according to data released by housing research firm RealtyTrac.
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Barry Tatum returned to his home in Chicago in December to find that his front and back doors had been torn from their hinges, leaving his possessions exposed to the frigid winds that whipped through his neighborhood.
Read more: http://www.cnbc.com/id/101021661
MELBOURNE, Fla. — Zombies are everywhere lately, it seems. TV shows, video games, even chasing runners during special 5K races.
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The nation’s foreclosure crisis continues to abate, but some states still have a long way to go.
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Completed foreclosures in the U.S. fell 20% year-over-year to 55,000 in June, according to CoreLogic’s latest foreclosure report. On an annual basis this was the 19th straight month of declines in completed foreclosure But this was up 2.5% from the previous month.
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