Foreclosures are now at their highest level since January 2013.
Increase is due to FIs clearing their books of properties that have lingered in the foreclosure process.
RealtyTrac study also finds it's cheaper to rent than buy in several Southern California counties.
Home equity lending was up 20% last year alone, according to NAFCU economist.
State housing official says department has been unsuccessful in getting credit unions to join its down payment assistance program.
A RealtyTrac report reveals all 3,143 U.S. counties have at least one home down payment assistance program.
RealtyTrac predicts a “boomerang wave” as seven-year credit repair period comes to an end.
RealtyTrac data shows consumer debt a bigger obstacle than securing a down payment in the home buying process.
As millennials move to places with better job prospects, baby boomers are downsizing to smaller communities with lower population density, according to a report from real estate data firm RealtyTrac.
As millennials move to high-priced metro areas with better job prospects, boomers downsize for retirement.