November 23, 2024 11:33 pm
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Foreclosure sales lowest since 2000

ForeclosureForSale-wide1Daily News Estate

The number of properties in-foreclosure as well as cash sales fell to multiyear lows in July while overall home sales continued to perform strongly, according to RealtyTrac’s July 2015 U.S. Home Sales Report, released Thursday.

NAR’s Latest Report: 6 Key Housing Stats to Gauge the Market

The sale of homes sold while in the foreclosure process – excluding bank-owned properties – comprised 6.4 percent of all single-family and condo sales in July, the lowest monthly share since RealtyTrac began tracking in January 2000.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.