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RealtyTrac May

Shadow Inventory Keeping a Lid on DC Area Home Prices

May 7, 2012  |  by RealtyTrac

Although we’ve yet to see a massive wave of bank-owned homes hit the market in DC, the threat of such a massive wave continues to haunt home prices in the region. A look at the S&P Case-Shiller home price index charted against foreclosure activity in the Washington DC metro region clearly shows that even small increases in the flow of... Continue Reading

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RealtyTrac: Waiting For The Other REO Shoe to Drop in D.C. Region

April 9, 2012  |  by RealtyTrac

As we mentioned in our February post, RealtyTrac data is beginning to show signs of a new wave of foreclosure activity forming in the Washington, D.C., metro area, particularly in Maryland — where initial foreclosure notices have increased on a year-over-year basis for four consecutive months through February 2012. The new wave is less obvious in Virginia, where we believe... Continue Reading

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Bigger foreclosure logjam may delay Maryland home price recovery

February 29, 2012  |  by RealtyTrac

As we anticipated in our post last month, we are already beginning to see signs of resurging foreclosure activity in 2012 as lenders slowly but surely speed up their foreclosure practices and procedures. Within the greater Washington, D.C., metro area, this is true more so in Maryland than Virginia, corresponding to the bigger drop-off in Maryland foreclosure activity last year... Continue Reading

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Foreclosure Monster Weakened But Still Scary

January 24, 2012  |  by RealtyTrac

The seemingly insatiable foreclosure monster that has terrified the housing market over the past few years has at least one last good scare left in it before it fades into the darkness from whence it came. We expect that scare to come this year, on the heels of an eerily quiet 2011 on the foreclosure front. Foreclosure filings were reported... Continue Reading

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