Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
Existing Home Sales Stay Strong; Spring Season Underway
Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.
Foreclosure Volume Slated To Rise This Spring
After a series of months during which volume was low, foreclosure filings have started to rise again.
Federal Reserve Wary Of European Spillover
The Federal Reserve has released the minutes from its 2-day meeting January 24-25, 2012.
Foreclosure Filings Down 19 Percent In One Year
Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom.
Foreclosure Filings Fall To 49-Month Low
Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.
Bank Repossessions Drop To A 44-Month Low
According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.
Government Releases Additional HARP Guidance For Underwater Homeowners
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.
Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity
According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.
Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States
Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010.