Posts tagged "Chicago foreclosures"

RealtyTrac Market Report: Chicago Foreclosure Activity Flat But Better Than Last Year

RealtyTrac Market Report: Chicago Foreclosure Activity Flat But Better Than Last Year
RealtyTrac just released their April foreclosure market data but they did not release their normal foreclosure market report. Instead they released a Q2 2016 U.S. Residential Property and Zombie Foreclosure Report which I will discuss later. I used their foreclosure data to update my Chicago foreclosure activity graphs below. Overall activity has pretty much flattened... Read more »

RealtyTrac Market Report: Chicago Foreclosure Activity Still High And Not Really Falling

RealtyTrac Market Report: Chicago Foreclosure Activity Still High And Not Really Falling
RealtyTrac just released their March Foreclosure Market Report – the first report in 3 months as they took a break from this activity to release several other reports. The data for Chicago shows that activity has pretty much bottomed out in the last few months. It’s hard to tell from one month to the next... Read more »

RealtyTrac Market Report: Chicago Foreclosure Auctions Surge

RealtyTrac Market Report: Chicago Foreclosure Auctions Surge
As I mentioned last month RealtyTrac is not releasing their normal Foreclosure Market Report for February. However, they did just release their updated data which shows that Chicago foreclosure auctions surged last month and you can see how dramatic this is in the graph below. The yellow area represents the auction activity and it’s up... Read more »
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RealtyTrac Market Report: Chicago Foreclosure Activity Hits New Low

RealtyTrac Market Report: Chicago Foreclosure Activity Hits New Low
It sure seems like every time I declare a bottom in Chicago foreclosure activity RealtyTrac comes out with even lower numbers to prove me wrong. I have updated my graph below using the January data that they released today and overall activity has hit a new record low. You can sort of tell that the... Read more »

RealtyTrac Market Report: Chicago Foreclosure Activity Has Really Bottomed

RealtyTrac Market Report: Chicago Foreclosure Activity Has Really Bottomed
I’m really running out of ways of saying that Chicago foreclosure activity has bottomed out. The graph below has been updated based upon this morning’s release of the RealtyTrac Foreclosure Market Report for December and, as you can see, the data has been bouncing around at the same level for several months now. The good... Read more »

RealtyTrac Market Report: Not Much Progress In Chicago Foreclosures

RealtyTrac Market Report: Not Much Progress In Chicago Foreclosures
Given all the signs of improvement in Chicago foreclosures you would think that the foreclosure data would reflect the positive trends. Nevertheless, the Chicago data from Thursday’s release of RealtyTrac’s November Foreclosure Market Report does not look so exciting and it’s hard to figure out why. Look at the graph below and you’ll see that... Read more »
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RealtyTrac Market Report: Chicago Foreclosures Lingering

RealtyTrac Market Report: Chicago Foreclosures Lingering
RealtyTrac released their October Foreclosure Market Report on Thursday and it’s a mixed bag. I certainly didn’t find the national data that interesting or enlightening. For Chicago the most interesting observation is that defaults, on a year over basis, have either been declining or rising by small single digit percentages in every month since I’ve... Read more »

Where The Chicago Real Estate Market Is Still Dead

Where The Chicago Real Estate Market Is Still Dead
Everyone knows that the Chicago real estate market has come roaring back. Prices are up, sales are up, and the mix of distressed property sales is way down. In particular, it’s the dramatic decline in sales of distressed properties that would lead you to believe that we have mostly recovered from the housing bubble meltdown.... Read more »

RealtyTrac Market Report: Chicago Foreclosures Spike Again In September

RealtyTrac Market Report: Chicago Foreclosures Spike Again In September
A little more than a week ago RealtyTrac’s September foreclosure market report was rather ho hum – low single digit changes in foreclosure activity at the national level. However, Chicago foreclosures showed a significant spike in activity, driven primarily by an increase in bank repossessions, which were up 87% from last year and up 235%... Read more »
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RealtyTrac Market Report: Chicago Foreclosures Bottoming Out In August

RealtyTrac Market Report: Chicago Foreclosures Bottoming Out In August
RealtyTrac just released their August Foreclosure Market Report and the data for Chicago shows a continued decline in foreclosure activity but also a bottoming in the shadow inventory. It’s hard to see in the graph below but defaults, which initiate the foreclosure process, are near an all time low and bank repossessions just plummeted to... Read more »