CNNMoney

Notices of default, scheduled auctions, bank repossessions and other filings fell to 150,864 last month, a 7 percent decline from the previous month and a 28 percent drop from January 2012, according to RealtyTrac.

Read the full story
http://money.cnn.com/2013/02/14/real_estate/foreclosures/index.html?iid=HP_River

The New York Times
Foreclosures are taking significantly longer in states where lenders must go through the courts, and the delay may or may not be good for borrowers, depending on their circumstances.  But some researchers say that dragging the process out hurts society at large.
Read the full story
http://www.nytimes.com/2012/12/09/realestate/mortgages-upshot-of-the-foreclosure-backlog.html?ref=realestate&_r=0

Inman News

Nearly two-thirds of potential home buyers surveyed by Realtor.com this month say they are likely to buy a home that’s been through the foreclosure process, compared with 25 percent in October 2009.

Read the full story
http://on.car.org/L1aFke

The Los Angeles Times

Foreclosure filings – default notices, scheduled auctions, and bank repossessions – were logged on 18,780 homes in April, according to RealtyTrac.  That was a drop of 5 percent from the prior month and a 14 percent decline from April 2011.
Read the full story
http://on.car.org/JVFJVt

Bloomberg

Short sales accounted for 23.9 percent of home purchases in January, the most recent month available, compared with 19.7 percent for sales of foreclosed homes, according to Lender Processing Services Inc.

Read the full story
http://www.bloomberg.com/news/2012-04-17/short-sales-surpass-foreclosures-as-banks-agree-to-deals.html

Los Angeles Times

California’s foreclosure activity fell 13 percent to a 51-month low in February compared with a year earlier, with foreclosure filings going to 48,422 properties in the state, or 1 in 283 homes, according to RealtyTrac.
Read the full story:
http://www.latimes.com/business/money/la-fi-mo-foreclosures-20120314,0,4407096.story

With 9,145 completed short sales, the Los Angeles area had more short sale transactions than any other metropolitan statistical area (MSA) in the second quarter of this year, according to a recent blog post from RealtyTrac. These short sales came with an average discount of 32 percent and at an average price of $350,237. Phoenix ranked second in number of short sales for the second quarter with 8,434 short sales, which came with an average discount of 27 percent and an average price of $133,793. According to the RealtyTrac blog post, the metros with the highest numbers of short sales in the second quarter were:
1. Los Angeles
2. Phoenix
3. Cape Coral – Fort Myers, Florida
4. Oxnard – Thousand Oaks – Ventura, California
5. Reno – Sparks, Nevada
6. San Francisco
7. San Jose
8. Portland
9. Atlanta
10. MilwaukeeMore info