Foreclosures fall 17.8% from year ago levels

The percentage of loans on which foreclosure actions were started was 0.24%, down 0.4 percentage points to reach the lowest level since the second quarter. as the impact of the hurricanes from one.

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phoenix home prices are up 9.5% over the last year (July to July). That’s a hot market! Kind of scary hot to me. Prices are up 17.8% since two years ago and 145% since prices bottomed out in May 2011.. On the other hand, Phoenix home prices are now only back to where they were at the top of the real estate bubble in 2006, 12 years ago.

foreclosure starts.. yearoveryear 10.9% 11.2% 17.8% 20.0% 14.7% » March’s decrease was seen across all stages of delinquency » The rate of 30-day delinquencies hit their lowest level in 10 years » Likewise, 60-day delinquencies were at their lowest.

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In nonjudicial states, lenders send notices to delinquent borrowers and record defaults at the county level without court intervention. That has helped hard-hit states such as Nevada, Arizona and.

NEW YORK — The wave of foreclosures hitting the nation’s housing market has been much less severe than anticipated, with foreclosure filings at their lowest level in five years last month.

Foreclosures Fall Below Pre-recession Levels.. That marks an 11-percent dip from Q4 2016, a 19-percent one from one year ago, and a 16-percent drop from the pre-recession average of 278,912. U.

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Foreclosure activity plummeted 17.8% year-over-year in January with only 61,000 foreclosures completed last month, down from 75,000 a year earlier, CoreLogic reported.

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During September, foreclosure activity in 58% of the major metro markets had even dropped below september 2007 levels. The numbers indicate that. Chicago saw a 34% jump from a year-ago, and had the.

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In California they fell 62 percent from December and 75 percent from a year ago. The new law went into effect January 1st, 2013. "I do think some of these delinquent properties will still end up as.

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