Home Foreclosures in 2010 Top 1 Million for First Time

According to the Reuters report, U.S. 2010 home foreclosures top 1 mln for first time, that number could have been much higher – topping 3 million, if it had not been for the 4th Quarter fall off which was precipitated by the home foreclosure robosigning scandal.

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1.6 Million Homes Hit With Foreclosure Notices In First Half Of 2010 7.15.10 8:46 PM EDT By marcperton recession watch real estate housing foreclosures bubble trouble

Home foreclosures in 2010 top 1 million for first = time = =20 = Buzz up! Reuters =E2=80=93 A sign on a=20 foreclosed home is seen in Los Angeles, California, October 25, 2010.=20 REUTERS/Lucy Nicholson

Today comes the official tally for 2010: more than one million homes foreclosed on, with another FIVE million homeowners at least two months behind on their payments, according to foreclosure.

Home foreclosures in 2010 top 1 million for first time. Corbett B. Daly. 2 min read. washington (Reuters) – Banks seized more than a million U.S. homes in one year for the first time last year.

We provide nationwide foreclosure listings of pre foreclosures, foreclosed homes , short sales, bank owned homes and sheriff sales. Over 1 million foreclosure homes for sale updated daily. Founded in 1998.

The Jersey Shore Real Estate Bubble: Inventory is Down Again – Eastern Monmouth MLS 2822 The supply of newly built homes for sale fell 1% in the second quarter, the first annual drop in six years, according to Redfin, a real estate brokerage. prices for newly built homes have moderated, after 7 straight years of increases, but sales are up less than 1% annually.

Foreclosures Set to Hit 1 Million Mark in 2010.. where one in 17 homes went into foreclosure in the first half of this year. Florida, California, Utah and Arizona also saw huge foreclosure.

More bad news for those facing tough financial times: mortgage foreclosures are likely to top the one million mark in 2010. As The Associated Press reported in the last week, "Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009, according to data released Thursday by RealtyTrac.

The current distribution of foreclosures based on the number of active foreclosure homes in the U.S. Pre Foreclosures. Most Recent articles foreclosure trends realtytrac reports real Estate Investing Mortgage and Finance Home Prices and Sales. I want FREE access to nearly 1 million properties.

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