Tag: Foreclosure-Support.com
2010 Bank Repossessions Hit Record High, says Analysts at Foreclosure-Support.com
HOUSTON, Texas -- Foreclosure-Support, a market-leading source of foreclosed home listings and foreclosure market analysis, reported today that bank repossessions during the second quarter of 2010 topped out at 269,962 properties, the highest ever quarterly total since the foreclosure crisis began. The figure was up 5 percent from the previous quarter, and 38 percent from the second quarter of 2009.
U.S. Home Foreclosures Plateau in April, according to Foreclosure-Support.com
MIAMI, Fla. -- Foreclosure Support, an online listings provider of foreclosed homes for sale, reported that foreclosures dropped 9 percent nationwide during the month of April, leading experts to speculate that the foreclosure homes market may finally have plateaued. In addition to the 9 percent drop since March, foreclosures fell 2 percent from April of 2009, marking the first year since the foreclosure crisis began that the market has seen an overall drop.
