2015 First Quarter: Home Flipping Report

2015 First Quarter: Home Flipping Report

2015 First Quarter: Home Flipping Report

Short Sales Solutions

Daren Blomquist of RealtyTrac goes into depth about first quarter 2015 home flipping report.

2015 First Quarter: Home Flipping Report

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Gap Between Non-Foreclosure Solutions and Completed Foreclosures Increase

Gap Between Non-Foreclosure Solutions and Completed Foreclosures Increase Short Sale Solutions

Gap Between Non-Foreclosure Solutions and Completed Foreclosures Increase

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The gap between non-foreclosure solutions for homeowners and completed foreclosures grew in February, according to HOPE NOW.

There were 147,000 non-foreclosure solutions for distressed homeowners in February compared to 28,000 completed foreclosures for the month, a ratio of more than five to one, according to HOPE NOW.

“Non-foreclosure solutions outpaced foreclosure sales by more than a five to one margin in the month of February,” said Eric Selk, Executive Director of HOPE … Read More

Percentage of Short Sales and REO’s Reach Highest Increase Since 2012

Non-Foreclosure Solutions Still the Best Bet - Short Sale Solutions

Percentage of Short Sales and REO’s Reach Highest Increase Since 2012

Short Sale Solutions

Short sales and REO sales jumped by 2.2 percentage points in the first quarter of 2015, the largest increase since the first quarter of 2012.

Three years ago, the last time distressed saturation rate experienced an increase that large, nationwide distressed saturation hit a peak of 38 percent.

“The rise we’re seeing in distressed saturation across the board is another sign that the legacy issues from the housing collapse are still … Read More

Home Price Appreciation Slowed In February 2015

Home Price Appreciation Slowed In February 2015 Short Sale Solutions

Home Price Appreciation Slowed In February 2015 

Short Sale Solutions

 

Home Price Appreciation

Of the 10 major markets with the slowing home price appreciation, 3 reside in the state of California. The Oakland, San Francisco and Fremont market saw an increase of only 10% in February 2015. In February of 2014, this market saw an appreciation of 30%.

In February 2015, The Los Angeles, Long Beach and Santa Ana market only saw a 9% price appreciation compared to 20% in February 2014.

The most drastic market which … Read More

California: 4th Highest Amount of Foreclosures in US in 2014

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California: 4th Highest Amount of Foreclosures in US in 2014

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For the 12 months ending in December 2014, California has the fourth most completed foreclosures at roughly 29,000 homes. With the total foreclosures across the country coming in at 563,294, California accumulates for nearly 6% of the total amount of foreclosures. Even though it is a high number, each state has seen a double-digit decline besides West Virginia.

According to the president and CEO of CoreLogic, “the steady decline in the … Read More