Bloomberg Reports U.S. Foreclosures Set Record for Second Straight Year

Bloomberg reports that with 3.9 million notices sent to homeowners in default in 2009, The U.S. has set a record for the second straight year. Foreclosure filings exceeded 300,000 for the ninth straight month in November. [More]
Posted on December 10, 2009 09:28 by Admin
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Categories: Local Housing Market | Local Real Estate Trends | Long Island | New Jersey | New York City | News | Philadelphia | Short Sales | Foreclosure
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U.S. Home Sales Surged in October

The National Association of Realtors announced that U.S. home sales surged in the month of October, spurred by a tax break set to expire at the end of the quarter. [More]
Posted on November 23, 2009 10:53 by Chuck
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Categories: Local Housing Market | Local Real Estate Trends | Long Island | New Jersey | New York City | Philadelphia
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Mortgage Loan Delinquency Rose for 11th Straight Quarter

Mortgage loan delinquency rose for the 11th straight quarter in Q309, according to market research by credit bureau TransUnion. [More]
Posted on November 18, 2009 10:29 by Chuck
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Categories: Local Housing Market | Local Real Estate Trends | New Jersey | News | Short Sales | Sub-Prime Mortgage
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