RealtyTrac

US housing crisis is on the way to recovery?

July 24, 2009 - 5:00am | Figures | News
US housing crisis is on the way to recovery?

National Association of Realtors report revealed home sales grew for the third-consecutive month in June. Thus, increase of 3.6% to a seasonally adjusted annual rate of 4.89 million properties with gains seen in all major regions of the USA was reflected. These figures provide with the hopes about possibility of housing market stabilizing. 

Recently, Ben Bernanke, Federal Reserve Chairman, stated the housing crisis seemed to be restraining.


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US foreclosure reflects 33% growth

July 16, 2009 - 8:25am | Articles | Figures
US foreclosure reflects 33% growth

According to the RealtyTrac data, including more than 90% of US households, 336,173 filings nationally was counted, ranging from default notices to bank repossessions. 

These figures reflect 4.57% growth, against the previous month and up 33% increase, compared to the same period last year. For the second quarter, filings were up 20% from the comparable period last year.


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