RealtyTrac: Foreclosure activity picked up in 120 metros

2010 Metro Foreclosure Report RealtyTrac noted annual foreclosure activity in Washington has been on the rise for seventh consecutive months, and the state’s No. 5 ranking was the highest it has received since the report began in january 2005. foreclosure activity in Maryland also continued to trend upward and rose for the eighth straight month.

"After a quiet start to the year, sales activity picked up greatly throughout the country in March. The combination of low interest rates and the ongoing stability in the job market is improving buyer confidence and finally releasing some of the sizable pent-up demand that accumulated in recent years."

The recent surge of South Florida foreclosure filings is beginning to slow down, according to data from RealtyTrac. While the number of tri-county properties.

Denver ranked 172nd out of 209 metro areas in activity, a major improvement over July’s ranking of 135th. According to RealtyTrac, U.S. foreclosure starts decreased 8 percent in August, the lowest.

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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-

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.

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States with the five highest foreclosure rates in October included Florida, Nevada, Maryland, Ohio, and Illinois, according to RealtyTrac’s report. Among the nation’s 20 largest metro areas, the highest foreclosure rates were in Miami, Tampa, Chicago, Baltimore, and Riverside-San Bernardino, California.

All told, foreclosure activity jumped in 149 of the country’s 206 largest metropolitan areas last year, foreclosure listing firm RealtyTrac Inc. said Thursday. The firm tracks notices for defaults, scheduled home auctions and home repossessions-warnings that can lead up to a home eventually being lost to foreclosure.

RealtyTrac also rated "metro. had the worst foreclosure rate in the country in October. One in every 257 houses was in foreclosure. The Trenton-Mercer area was number three. "The six percent.

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All told, foreclosure activity jumped in 149 of the country’s 206 largest metropolitan areas last year, foreclosure listing firm RealtyTrac Inc. said Thursday. and the pace of foreclosures is.