Foreclosure Filings Fall To 49-Month Low especially in California, Nevada, Michigan and Arizona

  Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac. In December 2011, the number of foreclosure filings nationwide fell 9 percent from the month prior. Not since November 2007 has foreclosure activity been this sparse across the … [Read more...]

Foreclosures And Short Sales Distorting “Home Price Trackers”

In an echo of February’s Case-Shiller Index report, the government’s own home price-tracker — the Home Price Index — showed home values slipping between January and February 2011. The Federal Home Finance Agency data had home values down 1.6 percent nationwide in February, on average, … [Read more...]

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