Foreclosure sales rise
The number of Pittsburgh-area homes in foreclosure that sold during the summer quarter dipped to 558 from 564 in the same period a year ago, said a report from RealtyTrac Inc.
Those sales represented less than 7.9 percent of all homes sold in the seven-county region from July through September, up from 7.4 percent the year earlier, said the Irvine, Calif.-based firm.
By comparison, nearly 19.5 percent, or 193,059, of homes sold nationally over the summer were in foreclosure. The year earlier, it was about 19.1 percent, or 198,839, of homes.
In Pennsylvania, about 8.6 percent, or 2,539, of homes sold last summer were in foreclosure, versus less than 7.7 percent, or 2,503, last year.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Penn Hills couple dismembered in their home; son in custody
- Penguins testing Fleury, Maatta, Bortuzzo for mumps
- Steelers lookahead: Chiefs’ Charles injured but remains dangerous threat
- Harmar developer sells 15 hotels in Western Pa., West Virginia
- Pa. attorney general charges 10 in ‘massive fraud, kickback scheme’ at PennDOT
- Ex-Pittsburgh mayoral candidate back in jail
- Former Charlotte coach to lead Riverhounds
- Penguins defenseman Letang having best season in new system
- Pitt coach Chryst expected to take Wisconsin job
- Executive says Century III revival plan remains on track
- Rossi: It’s OK if Pitt coaches don’t stay