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Archive for the ‘U S Home’ tag

Foreclosures Continue To Climb in July, Says Realty Trac Report

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U.S. home foreclosures jumped by 55% from the
previous month’s year-over-year results, according to RealtyTrac’s July
2008 U.S. Foreclosure Market Report.

There were 272,171 foreclosure filings in the month of July, an 8%
increase from the prior month. According to RealtyTrac, one in every 464
U.S. households received a foreclosure filing…

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August 14th, 2008 at 7:05 am

One Quarter of U.S. Homes Sold in Past Year Were at a Loss, Report Says

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U.S. home values fell by nearly 10% in the second quarter of 2008,
causing one in four home sales over the past year to be at a loss,
according to a new real estate survey.

Zillow.com, an online real estate community, is reporting that U.S.
home values in the second quarter posted their largest year-over-
year decline in 12 years
and are also down 1.7% from the first
quarter…

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August 12th, 2008 at 10:45 am

Case-Shiller U.S. Home Price Index Declines by Record Annual Levels in May

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The S&P Case-Shiller U.S. home price index continued
to deteriorate in May as the 20-city composite index posted a record
annual decline of 15.8%. The Case-Shiller index has fallen every month
since peaking in July 2006.

The month-over-month decline in home prices was 0.9%, compared to the
1.3% loss in the previous month. The 20-city composite is now at a level
of 168.54.

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July 29th, 2008 at 6:27 am