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LOS ANGELES -- Fewer U.S. homes entered the foreclosure process or were seized by lenders in July, the latest sign that banks are taking a measured approach to moving against homeowners who have ...
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AP NEW YORK -- There were fewer U.S. foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell as the housing market continued to improve, according to data from ...
July 30: Housing and Economic Recovery Act of 2008 changes the $250,000/$500,000 capital gains exclusion applying to second homes and rental property. [97] Year-end: A total of 3,157,806 foreclosures were filed on 2,330,483 properties during the year, up 81 percent from 2007. More than 1.84 percent of all households were in some stage of ...
There is a fear that foreclosures bring about these reactions in people who anticipate the same thing happening to them. An uptick on violent occurrences has also been shown to follow neighborhoods where such uncertainty exists. [citation needed] These trends were reversed during the real estate market correction of 2006–2007.
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In the ever-evolving landscape of real estate, the U.S. foreclosure market often unveils key trends that will shape the future of home ownership.
In the month of July, 49,000 U.S. home foreclosures were completed, down from a revised total of 53,000 in June and down from 65,000 in July 2012, according to research firm CoreLogic Inc. (NYSE ...