Jobless claims rise again in mid-March The four-week moving average of claims, which generally provides a more accurate picture of jobless trends, rose to 299,500 in the Aug. 19 week from a revised 289,250 the prior week, the Labor.
At this time last year, foreclosures and short sales together comprised 35.8 percent of all sales activity. In August 2013, these two distressed segments made up just 20.7 percent of all sales. On the seller side, the percentage of all new listings that were distressed in August fell to 17.8 percent, down from 32.7 percent in 2012.
After a 10 percent month-over-month jump in January, U.S. foreclosure starts retreated to their lowest level since December 2005 – a 98-month low. A total of 51,842 U.S. properties started the foreclosure process for the first time in February, down 9 percent from the previous month and down 27 percent from a year ago.
News Corp’s MOVE acquisition escalates epic online real estate listings battle Media giant News Corp has officially completed its acquisition of Move, Inc., firming up its stake in the online real estate arena and tying its name to the REALTOR brand. Move, Inc. is a leading provider of online real estate services and the operator of realtor.com.
Completed foreclosures in the golden state dropped more than 31 percent in January to 14,351, the lowest level since December 2007, and less than half the 31,851 properties foreclosed in the peak.
But prices began a steady slide in the last half of 2007, and in 2008 a record 2,800 county homes were lost to foreclosure. The properties that were repossessed by banks, known as real estate owned or REO, flooded the market, and the median price fell in February 2009 to its lowest level of the crash of $305,000.
Photograph: stocknshares/Getty Images Britain’s budget deficit has fallen to its lowest level in any September for the last. “Interpreting this is complicated, since some of the drop relates to.
The median forecast of 69 economists surveyed by Bloomberg News called for the confidence index to drop to 65 this month. Estimates ranged from 59 to 73.5. The measure averaged 98 during the expansion.
Mortgage servicers bypass foreclosure delays with more short sales "June was the second straight month with more. mortgage principal of loans in investor pools, even if it means smaller losses than foreclosures produce. The second is manpower. Servicers simply don.
They are asked to describe both current sales. for the HMI since 2007 and called it encouraging. "However, it is important to remember that the HMI is still very low, and several factors continue.
Foreclosures fall to lowest level since 2007. Bank repossessions declined significantly — there were 51,415 repossessions last month, down 26% from a year ago, and about half the 102,000 monthly repossessions at the peak in September 2010. Much of the improvement, however, can be attributed to declines in only a handful of states,
Consumer confidence hits six-month low The Conference Board said Tuesday that its index of consumer confidence dropped to 70.4 from 72.4 in October. The October reading was higher than initially reported, but still well below the 80.2.
RealtyTrac: Foreclosure Filings Drop to Lowest Level Since 2007 Foreclosure filings in the U.S. dropped 11 percent in February from the previous month and were down 29 percent year-over-year – a 65-month low and the lowest level since September 2007, analytics firm realtytrac announced march 12 in its monthly U.S. Foreclosure Market Report.