Tag: REO

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Chicago’s foreclosure rate 4th highest among top 20 metro areas

Chicago’s foreclosure rate 4th highest among top 20 metro areas

RealtyTrac just released its US Foreclosure Market Report for November 2014, which shows foreclosure filings — default notices, scheduled auctions ...
Chicago ranks highest in distressed property sales

Chicago ranks highest in distressed property sales

The following arrived via news release from CoreLogic: Distressed sales (REO and short sales) accounted for 11.4 percent of total home sales in ...
June foreclosures at lowest levels since 2006

June foreclosures at lowest levels since 2006

RealtyTrac released its Midyear 2014 U.S. Foreclosure Market Report today. The report reflects a 19% decrease in US foreclosure filings over the p ...
Illinois foreclosure starts down, completions up year-over-year

Illinois foreclosure starts down, completions up year-over-year

According to data just released by RealtyTrac, Illinois had the sixth-highest rate of foreclosure filings in the nation, with one in every 706 Ill ...
Foreclosure filings continue downward trend

Foreclosure filings continue downward trend

RealtyTrac just released its Foreclosure Market Report for January 2014. The report shows foreclosures rising 8% month over month nationally, but ...
Number of new foreclosure filings plummets

Number of new foreclosure filings plummets

RealtyTrac today released its U.S. Foreclosure Market Report for August 2013. The report shows foreclosure filings — default notices, scheduled au ...
Chicago foreclosures drop sharply as US activity ticks up

Chicago foreclosures drop sharply as US activity ticks up

RealtyTrac has just released its July 2013 U.S. Foreclosure Market Report. The report shows foreclosure filings – default notices, scheduled aucti ...
Sellers taking losses at Jefferson Tower

Sellers taking losses at Jefferson Tower

The Fulton River District was still a new neighborhood, but it had become relatively established by the time that Jefferson Tower, 200 N Jefferson ...
Foreclosures, shadow inventory in steep decline, Chicago still troubled

Foreclosures, shadow inventory in steep decline, Chicago still troubled

CoreLogic released its May National Foreclosure Report yesterday along with a supplement featuring quarterly shadow inventory data as of April 201 ...
Bank repossessions rise 44 percent in Illinois

Bank repossessions rise 44 percent in Illinois

The following arrived via email from RealtyTrac: RealtyTrac today released its U.S. Foreclosure Market Report™ for May 2013, which shows forecl ...
Foreclosures less of a market factor nationally, still high in Illinois

Foreclosures less of a market factor nationally, still high in Illinois

RealtyTrac today released its Q1 2013 U.S. Foreclosure & Short Sales Report, which shows that a total of 190,121 U.S. properties in some stage of ...
CoreLogic – Rising home prices put upward pressure on rents

CoreLogic – Rising home prices put upward pressure on rents

Yesterday CoreLogic released its April MarketPulse Report (PDF, free registration required). The report includes a discussion of housing's anticip ...
Chicago foreclosure inventory decline badly lags national rate

Chicago foreclosure inventory decline badly lags national rate

According to data released yesterday by CoreLogic, of the nation's 25 largest CBSAs, Chicago had the third highest number of completed foreclosure ...
Shadow inventory down 28 percent from 2010 peak

Shadow inventory down 28 percent from 2010 peak

CoreLogic released its January 2013 Shadow Inventory Report yesterday and issued the following news release: CoreLogic® (NYSE: CLGX), a leading ...
Foreclosures, short sales were 43 percent of 2012 US sales

Foreclosures, short sales were 43 percent of 2012 US sales

RealtyTrac today released its Year-End and Q4 2012 U.S. Foreclosure and Short Sales Report, which shows a total of 947,995 U.S. properties in some ...
Distressed properties dominate the market in Rogers Park

Distressed properties dominate the market in Rogers Park

Rogers Park developers periodically fall prey to a state of irrational exuberance. The peak of the most recent mania had already passed in May of ...
Condo buyers need to do their homework

Condo buyers need to do their homework

Just over a year ago I visited the Springfield Vue condominium, a/k/a The Springview, at 1920 N Springfield, on the border of Logan Square and Her ...
RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year

RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year

RealtyTrac released its Year-End 2012 U.S. Foreclosure Market Report yesterday, and Illinois earned an unenviable spot in a number of its rankings ...
Nearly 1 in every 4 Illinois sales foreclosure-related

Nearly 1 in every 4 Illinois sales foreclosure-related

RealtyTrac released its Q3 2012 Foreclosure & Short Sales Report yesterday. In, Q3 24% of Illinois sales, or nearly in every 4, were foreclosure-r ...
CoreLogic – Illinois one of top states in foreclosures

CoreLogic – Illinois one of top states in foreclosures

CoreLogic released its National Foreclosure Report for October yesterday. The report provides data on completed U.S. foreclosures and the overall ...
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