RealtyTrac: Foreclosure activity picked up in 120 metros

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Foreclosure Starts Tick Up in February, REOs Down to 65-Month Low 03/14/2013 BY: ESTHER CHO Foreclosure starts in February showed some pick-up in activity month-over-month, while REOs fell to their lowest level since September 2007, according to RealtyTrac’s foreclosure market report for February.

both. RealtyTrac provides both foreclosure activity (or a new foreclosure) and foreclo-sure inventory. Filings and inventories are reported as numbers as well as numbers of filings per thousand households. seasonally ad-justed filings are available. Inventories are only reported as not seasonally adjusted. The inventory data do not exhibit sea-

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"Cold weather and a short month certainly contributed to a seasonal drop in foreclosure activity in February, but the reality is that new activity is no longer the biggest threat to the housing market when it comes to foreclosures," said Daren Blomquist, vice president at RealtyTrac said in a press release.

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(MoneyWatch) Foreclosures in the U.S. are rising. default notices, scheduled auctions, and bank repossessions were reported on 205,990 U.S. properties in May, up 9 percent from the previous month,

Global investor commercial real estate purchasing activity picked up in the second quarter with total market volumes increasing 24% from the first quarter to $108 billion, according to data collected from more than 60 countries by Jones Lang LaSalle Capital Markets Research in London.. This level of investment reverses the slight dip in activity recorded in the first quarter when volumes.

Foreclosures climbed in January. NEW YORK (CNNMoney) — Foreclosures picked up in January, yet another sign that the nation’s huge glut of delinquent homes may soon start making their way onto the market. The number of homes hit with a notice of default, auction sale, bank repossession or some other foreclosure filing in January rose 3%.

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Honolulu is playing catch-up now and not in a good way.” While California accounted for nine of the top 20 metro foreclosure rates, followed by Florida with eight, Nevada with two and Arizona with one, major metros in other states like Idaho, Utah, Arkansas, Oregon, Illinois, Minneapolis and Hawaii picked up.

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