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Foreclosure sales increased in January, but reports differ on how much [ClearOnMoney]
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Foreclosure sales increased in January, but reports differ on how much

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Commentary

Foreclosure sales increased in January, but reports differ on how much

15 Mar 2012 by Jim Fickett.

In the last few months both RealtyTrac and LPS Applied Analytics had stopped reporting the number of foreclosure sales. However with the bank robosigning settlement, foreclosure sales increased and were once again news. Here are the data (now a few weeks old):

Note that (1) according to RealtyTrac there was a bump up in January, but the numbers were still in line with the last few months, however (2) according to LPS Applied Analytics, the number of foreclosure sales in January was far above the numbers in recent months. We'll just have to wait for the next few months' data to see whether a new trend is really emerging or not.

(For sources see the Reference page US home forfeitures.)