New Jersey , New York and Connecticut got hit with a storm of new foreclosures just days before Superstorm Sandy smashed homes and a knocked out power to missions of homeowners. Read More »

The national average discount on foreclosures has shrunk by 1.4 percentage points over the past year as competition for foreclosures as inventories tighten is driving prices closer to full-price properties. Read More »

Completed foreclosures plunged 68 percent in September from a year ago yet the national foreclosure inventory hardly budged in 12 months, according to the latest CoreLogic report. Read More »

A continuing slide in the volume of distressed properties seen in the housing market is helping to boost home prices in many parts of the country. Meanwhile, uncertainty about the impact of next month’s national elections appears to be causing some would-be homebuyers to delay taking any action until after November, according to the October HousingPulse survey of real estate agents. Read More »

September’s foreclosure data showed America has become bipolar over foreclosures, with dramatic decreases in most states but increases nearly as great in judicial states where lenders are speeding up processing of defaults. Read More »

The long-feared backlog of foreclosures that accumulated during the Robogate processing slowdown in 2010 and 2011 has declined further as the number of new foreclosures dwindled in August and completed foreclosures are being quickly absorbed in markets hungry for discount priced distress sales. Read More »

States that lost the most home value during the housing depression, until recently largely hotbeds for discounted foreclosures and short sales, today are leading the nation in price gains. Read More »

A new study by economists at the Boston Federal Reserve found that the roughly two-thirds of Americans who did not suffer personal loss from the housing crash and whose knowledge of the housing crisis comes from media coverage have not changed their views towards homeownership. Read More »

Despite a shortage of lower priced homes in markets across the country, the huge foreclosure inventory refused to decline in June, raising renewed fears that the overhang of discounted properties will put downward pressure on home prices. Read More »

Bank-owned foreclosures (REOs) are taking significantly longer to sell than foreclosures bought and resold by investors, extending the timeline for REO foreclosures even longer than the extraordinary delays for resulting from slower processing. Read More »