Foreclosures

Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

Comments(0) By •February 10th, 2011

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.

Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low

Comments(0) By •January 13th, 2011

According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.

Foreclosure Activity Plunges (But With An Asterisk)

Comments(0) By •December 21st, 2010

November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.

October 2010 : 5 States Account For Half Of The Nation’s Foreclosure Activity

Comments(0) By •November 12th, 2010

As usual, foreclosure density varied by region last month, with just 5 states accounting for close to half of the nation’s repossessed homes.

Foreclosure Activity By Metro Area, Q3 2010

Comments(0) By •October 29th, 2010

Foreclosures are a big part of the housing market, with distressed properties accounting for 35 percent of all home resales last month, according to the National Association of REALTORS®. But for as common as foreclosures can be, they remain a localized concern.

Bank Reposessions Top 100,000 In A Month For The First Time Ever

Comments(0) By •October 14th, 2010

The number of foreclosure filings rose 3 percent in September, according to foreclosure-tracking firm RealtyTrac.

Home Defaults Dropped For The 7th Month In A Row In August

Comments(0) By •September 16th, 2010

Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.

How Big Is The Foreclosure Market? It Depends On Where You Live, Of Course.

Comments(0) By •August 12th, 2010

Foreclosure filings rose 4 percent nationwide last month versus June, according to foreclosure-tracking firm RealtyTrac.com. For the 17th straight month, total filings topped 300,000. 6 states dominated activity levels.

Foreclosure Activity Slows Again In June 2010

Comments(0) By •July 15th, 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

Bank Reposessions Reach Record Levels For The Second Straight Month

Comments(0) By •June 10th, 2010

According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year.

About The Danville Mortgage Blog

The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

For Danville real estate agents, you'll find valuable tips on how to take your real estate business to the next level. We're also a wonderful place to keep up on the ever changing mortgage industry.

Mike Miller

  • 395 Hartz Avenue, Danville, CA 94526

Prospect Mortgage Equal Housing Lender

Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.