Foreclosure Inventory Remains Highest in New Jersey and New York

In the month of December, 32,000 U.S. home foreclosures were completed, down 2.4% month over month and down 22.6% from a total of 41,000 in December 2014. Current foreclosure inventory totals 1.1% of all homes with a mortgage in the United States, down from 1.2% in December of 2014. The number of U.S. homes currently…


Florida and New Jersey Foreclosure Report 2015

Florida and New Jersey were poster children for U.S. home foreclosures last year, with both states and several of their metropolitan areas topping the list in 2015, according to Realty Trac data released on Thursday. New Jersey had the highest activity rate, with foreclosure filings at 1.91 percent of homes. Florida posted the second highest…


New NJ foreclosure filings drop off for first time since 2011

New residential foreclosure filings fell last year in New Jersey for the first time since 2011, which experts say is another sign that the state’s economy and housing market are improving. Lenders’ foreclosure filings — not including condominiums — fell 27 percent in 2015 to 35,733 with declines in each of the state’s 21 counties….


Foreclosure Report: 33,000 Completed Foreclosures in November 2015

November 2015 National Foreclosure Report which shows the foreclosure inventory declined by 21.8 percent and completed foreclosures declined by 18.8 percent compared with November 2014. The number of completed foreclosures nationwide decreased year over year from 41,000 in November 2014 to 33,000 in November 2015. The number of completed foreclosures in November 2015 was down…