Sponsored by Lane Powell

Foreclosure activity down

| Print |  Email
Must Reads
Thursday, May 30, 2013

Lenders foreclosed on 52,000 U.S. homes in April, down 16% from 62,000 in April 2012.

Rising home values and an improved economic outlook, as well as increased access to loan modifications and other alternatives, have helped slow the pipeline of homes headed for foreclosure. About 1.1 million homes were in foreclosure nationwide, representing 2.8 percent of all mortgaged homes. A year ago, 1.5 million homes were in foreclosure.

"Fewer distressed properties combined with improving home prices and a pickup in home purchases are significant signals that the ongoing recovery in the housing and mortgage markets continues to gather steam," CoreLogic chief executive Anand Nallathambi said in a statement.

Read more at OregonLive.com.

{biztweet}foreclosure{/biztweet}

 

More Articles

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

Uncertainty about convention center hotel could cost Portland an NBA All-Star Game

The Latest
Wednesday, February 18, 2015
463545460BY JACOB PALMER | OB DIGITAL NEWS EDITOR

NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."


Read more...

All Rise

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Don’t just sit there. For a healthy workplace, move up and down — and all around.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

The Human Factor

February 2015
Monday, January 26, 2015
BY BRIAN LIBBY

Matt French opens up South Waterfront.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS