Home Buyer News

Home Foreclosures in 2010 Top 1 Million for First Time

Some 55,775 homes. 2010 at 1.05 million and have been declining ever since. The trend has been accelerating as U.S. home prices have increased and the job market has improved. Blomquist expects.

Home foreclosures in 2010 top 1 million for first = time. WASHINGTON (Reuters) =E2=80=93 Banks seized more than a million U.S. = homes in one=20 year for the first time last year, despite a slowdown in the last few = months as=20 questions around foreclosure processing arose, a leading firm said on=20 Thursday.

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Top 1% Profits from Home Foreclosures. The attraction is double-digit returns at a time when most bonds and other income investments yield very little. The most popular strategy is for a big investor to team up with a local company that scouts out houses and finds the renters. The hope is to flip the homes in the future when prices recover.".

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Foreclosed homes listings in the U.S . and real estate foreclosures in United States, listed by all 50 states. 7 Jul 2011. As a result, banks and real estate firms here take longer to dispose of the the United States to create a report on the top 20 metropolitan areas . 16 Dec 2010 some big US.

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US home foreclosures top one million mark By Andre Damon 23 December 2009 The number of US homes in foreclosure topped the one million mark for the first time ever, according to figures released.

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Banks foreclosed on 69,847 properties in December, bringing the year’s total to 1.05 million, topping the prior record of 918,000 homes seized in 2009, real estate data firm RealtyTrac said.

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According to RealtyTrac, Florida led the way with nine of the top 20 metro foreclosure rates in the country during the first half of 2010. Ouch. But the worst city for foreclosures continues to be.