Tag: REO
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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 released its National Foreclosure Report for October yesterday. The report provides data on completed U.S. foreclosures and the overall [...]