A new report from RealtyTrac shows foreclosure filings across the nation are on the rise once again. The recent data continues to cast a heavy gloom over a housing market that refuses to bounce back. Foreclosure filings were reported on more than  230,000 residencies in October. This figure represents a 7 percent increase from September, but a 31 percent decrease from the year [...]

According to the latest report from RealtyTrac, an online marketplace of foreclosure properties, foreclosures could start to rise again after a yearlong decline.  More U.S. homes are entering the foreclosure process and they’re taking even longer to sell, which means the housing market is still taking a tough beating. Foreclosure filings, which include default notices, scheduled auctions and bank repossessions, [...]

According to the S&P/Case-Shiller Indices released today, there’s both good and bad news for the housing market. Let’s start with the positives: Home prices increased for the fourth consecutive month, and Detroit showed a positive rate of change year-over-year. That’s great news for one of the worst housing markets in the country. The indices showed mortgage default rates dropping [...]

It’s hard to escape the reality of the bad economy and stagnant housing market. Every time you turn on the news, there’s a story about the European economic crisis or high unemployment numbers in the U.S. Even so, a new Trulia survey reveals 70 percent of people still want to own a home as part of their American Dream. So [...]

While the collective outlook for the rest of the year is somewhat positive, there’s more bad news for the housing market .  Earlier this week, the U.S. Census Bureau and the Department of Urban and Housing Development jointly released their latest estimates for new home sales in July 2011 . What shouldn’t come as a shock is still nonetheless somewhat of a surprise, as the [...]

Unfortunately, the housing market has yet to recover throughout most of the country and the  national unemployment rate remains high. While it’s no picnic for most of us to deal with these challenges, the stress can be increased by individuals who turn to crime to profit off those in dire straits. According to the FBI’s latest Mortgage Fraud Report , fraud continued at [...]

As the summer rolls on, the mixed housing news just keeps coming. Yesterday, the U.S. Census Bureau and the Department of Commerce announced construction spending in June was estimated to be 0.2 percent above the revised May 2011 estimate. Good news right? Except…. This modest increase is a further indication of the stagnant economy. In fact, the June 2011 estimated [...]