Foreclosures Down to 69,000 in March, Inventory Also Down

“Year-over-year, the number of completed foreclosures decreased about 19 percent to 69,000 in March 2012 compared to 85,000 in March 2011, according to CoreLogic’s National Foreclosure Report for March. Month-over-month, with the number of completed foreclosures in February 2012 at 66,000, foreclosures increased about 4.5 percent in March 2012. On a quarterly basis, foreclosures decreased …

Continue reading ‘Foreclosures Down to 69,000 in March, Inventory Also Down’ »

CoreLogic: Number of Completed Foreclosures Down for February

The number of completed foreclosures in February 2012 was down on a monthly basis and slightly on a year-over-year comparison, but overall, foreclosure inventory has decreased compared to a year ago, according to CoreLogic’s National Foreclosure report for February. Completed foreclosures are counted as properties that get auctioned off and purchased by a third party, …

Continue reading ‘CoreLogic: Number of Completed Foreclosures Down for February’ »

Home Prices Down in 2011, but Market Stability Forecast for 2012

While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital …

Continue reading ‘Home Prices Down in 2011, but Market Stability Forecast for 2012’ »

2012 Housing Market Prediction by CoreLogic

Two prominent home-price indices continued to show declines in September and October, with one outlook indicating no more than flat growth in the next two years. A home-price index report from loan data aggregator Lender Processing Services showed the national average sales price for single-family homes fell 4.4 percent year over year and 1.2 percent …

Continue reading ‘2012 Housing Market Prediction by CoreLogic’ »