U.S. foreclosure filings down 20% from year ago

U.S. foreclosure filings down 20% from year ago

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Keeping things simple, that would have meant a bit over five-and-a-half years (5.7) of saving for a 20 percent down payment. Using the national median incomes and home values of today, buyers these days need an extra year and a half, for 7.2 years total, to save a 20 percent down payment on the median valued home.

428,400 U.S. Properties With Foreclosure Filings In First Six Months Of 2017, Down 20 Percent From Year Ago. DC Foreclosure Activity Increases 60 Percent From Year Ago, Bucking U.S. Trend; Q2 Foreclosure Activity Below Pre-Recession Levels in 49 Percent of Metros

That’s also down 3% from the first quarter and 18% from a year ago. While foreclosure activity nationwide was still 21% above pre-recession levels, 15 states have seen foreclosure activity fall.

After a record number of bankruptcies in 2010, filings dropped 20 percent last year in the Middle District of Florida and 17 percent in the Jacksonville Division. For the year, people and companies filed 53,554 bankruptcies in the Middle District of Florida, down almost 20 percent from the record 66,618 in 2010.

A total of 188,843 U.S. properties had a foreclosure filing in Q2 2018, down 1 percent from the previous quarter and down 14 percent from a year ago. The second quarter of 2018 was the seventh consecutive quarter in which U.S. foreclosure activity was below the pre-recession average of 278,912 properties with foreclosure filings per quarter in.

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There are currently 410,234 properties in U.S. that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 927,734. In May, the number of properties that received a foreclosure filing in U.S. was 1% higher than the previous month and 22% lower than the same time last year.

One in every 139 U.S. housing units received a foreclosure filing during. quarter and was down nearly 24% from the third quarter of 2009. Florida foreclosure activity increased 12% from the.

Starting at the top, revenue in the second quarter was $45.9 million, down. year ago. Approximately 16% of a second.

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The report also shows a total of 74,341 U.S. properties with foreclosure filings in March 2018, up 21 percent from an all-time low in the previous month but still down 11 percent from a year ago – the 30th consecutive month with a year-over-year decrease in U.S. foreclosure activity.

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