Realty Trac Newsletter

Dated: 02/27/2015

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Agent Photo Len Hart ReMax Advantage Realty , ,I am available to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.
Phone: 410-465-8130 Email: lenhart3963@gmail.com License #: 579895
February 2015 Volume 9, Issue 3
Foreclosure Market Trends Report Download PDF File
6 month Maryland Foreclosure Trends
NOD NTS NFS LIS REO
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Why Home Sales Could Increase in 2015

If there’s one lesson we can learn from lobbyists in Washington it’s that when you don’t like the results of the game it’s time to change the rules. That’s essentially what's begun to happen in real estate. The housing market has simply never recovered from the mortgage meltdown, indeed home prices today remain lower than their 2007 peak despite mortgage rates well below 4 percent. Existing home sales in 2014 were actually lower than in 2013 despite claims of falling unemployment and improving economics.Complete Story

FOUR-YEAR LOWS IN INSTITUTIONAL INVESTORS AND ALL-CASH BUYERS IN 2014 DESPITE INCREASE IN FOURTH QUARTER

By RealtyTrac Staff

— RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its Q4 and Year-End 2014 U.S. Institutional Investor & Cash Sales Report, which shows that the share of home sales to institutional investors and all-cash buyers dropped to four-year lows in 2014 despite a quarterly increase in the fourth quarter. A total of 105,278 single family homes were sold to institutional investors — entities that purchase at least 10 properties in a calendar year — in 2014, 4.2 percent of all sales and down 31 percent from the 153,450 institutional investor purchases in 2013 to a four-year low. Meanwhile overall sales of single fa Complete Story

Here are some of the most recent Investment opportunities in the area.

Pre-Foreclosure
Jim Pickett Rd
Sykesville,
MD 21784
  • Amount

  • $372,609

  • Beds/Bath

  • Sq. FT

  • 0/3

  • 2,091

http://www.realtytrac.com/propertydetails/jce3/jce334/jce34/jce3/58538187?a=b&propid=58538187&page=detailnod&countyid=cala&datasel=nod&pagenum=&reporttab=&utm_medium=7&utm_source=285066&utm_campaign=2690&accnt=285066&a=b&propid=58538187&utm_medium=3&utm_source=1052972&utm_campaign=469&accnt=1052972
Property Type Address Amount Default Sq. Ft.  
Bank-Owned Mc Duff Ct,
Eldersburg, MD 21784
N/A N/A 1,871 GET DETAILS
Auction Pouder Rd,
Sykesville, MD 21784
$177,000 N/A 1,488 GET DETAILS
View more properties in Carroll County

87 PERCENT OF U.S. HOMES QUALIFY FOR DOWN PAYMENT HELP ACCORDING TO REALTYTRAC AND DOWN PAYMENT RESOURCE ANALYSIS

By RealtyTrac Staff

RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released a joint analysis with Down Payment Resource on the availability of down payment programs across the country, which found that 87 percent of U.S. homes qualify for down payment help. RealtyTrac looked at 2,290 down payment programs from Down Payment Resource’s Homeownership Program Index and found that out of more than 78 million U.S. single family homes and condos in 1,792 counties with sufficient home value data, more than 68 million (87 percent) would qualify for a down payment program available in the county where they are located based on the maximum pr Complete Story
FORECLOSURE TRENDS : DECEMBER, 2014
NATIONAL MARYLAND CARROLL CTY
NODs 8,708 0 0
NTSs 23,173 0 0
NFSs 24,610 1,002 17
LISs 33,725 2,571 30
REOs 24,005 847 12
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Foreclosure Terms
Notice of Default (NOD)A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process.More about LIS
Auction / Notice of Trustee's Sale (NTS)A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS)An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO)The final step in foreclosure process in which property ownership returns to lender. More about REOs

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