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Prashant Gopal | Bloomberg | “The share of U.S. mortgages that are seriously delinquent fell to a five-year low as job gains help borrowers keep up on payments while rising home prices enable others to sell. The percentage of home loans that were more than 90 days behind or in the foreclosure process fell to 5.65 percent in theRead more

Reuters | “There were 51,000 completed foreclosures last month, down from 84,000 in September, 2012. Foreclosures are completed when a home is either seized by the lender or sold at auction. There were also 51,000 foreclosures in August. Between 2000 and 2006 and before the housing market’s downturn in 2007, completed foreclosures averaged 21,000 perRead more

Charles Billi | WTSP | “Thanks to new flood insurance legislation, the watch word in real estate is “panic.” Panic if you’re a real estate investor, agent, buyer or seller- thanks to skyrocketing premiums. We’ve seen the Pinellas County meetings in the past few weeks packed with frightened residents. Now, more concern arises at an informationRead more

by MortgageOrb.com| “The national mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) increased 4.23% in September to reach 6.46% of all mortgages, according to Lender Processing Services’ (LPS) First Look Mortgage Report, which covers about 70% of the U.S. housing market. Still, the delinquency rate for September was down 12.63%Read more

Staff | Tampa Bay Business Journal | “Home flipping dropped in the third quarter of 2013 in Tampa Bay, a sign that there are fewer bargain basement properties on the market. Between July and September, 575 homes were flipped in the area, about 50 percent lower than the rate during the same time in 2012, the TampaRead more

Newsroom America Staff | “CoreLogic says there were 48,000 completed foreclosures in the U.S. in August of 2013, down from 72,000 in August 2012, a year-over-year decrease of 34 percent. On a month-over-month basis, completed foreclosures increased 1.3 percent, from 47,000 in July 2013. Overall residential shadow inventory, as of July 2013, was 1.9 millionRead more

Jann Swanson | Mortgage News Daily | “Foreclosure activity in September was up 2 percent from August, RealtyTrac said today, but the third quarter saw the lowest level of foreclosure related filings since the financial crisis began.  The company’s U.S. Foreclosure Market ReportTM covering the two periods showed 131,232 filings in September including default notices, scheduled auctions, and bank repossessions orRead more

Michael Sasso | Tribune Staff | “An encouraging jump in home prices in the Sunshine State belies a more troubling fact below the surface: the number of foreclosed homes in banks’ possession keeps rising. RealtyTrac, a national firm that lists foreclosed homes for sale, estimates that 83,238 homes in Florida currently are classified as “real estateRead more

Press Release | Digital Journal | “RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its U.S. Foreclosure Market Report™ for September and the third quarter of 2013, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 131,232 U.S. properties in September, a 2 percent increase from theRead more

Pamela M. Prah | Stateline “Florida still leads the country in overall foreclosure activity, but Maryland and Oregon experienced dramatic increases in foreclosure starts in recent months. Meanwhile, bank repossessions climbed significantly in Kentucky and New York. The number of U.S. homes entering the foreclosure process hit a seven-year low between July and September, but bankRead more