Foreclosure “Hot Spots” Locked into Low Rankings Thanks to Lousy, Long-Term...
New information released by RealtyTrac indicates that while their numbers still stink, America’s “hot spots” for foreclosures are actually on the mend. However, their long-term negative growth has...
View ArticleForeclosures Still Prominent Part of the Housing Market
Although many real estate data services are reporting that homebuyers are feeling skittish about foreclosures, the sale of foreclosure homes still accounts for a quarter of all U.S. residential sales...
View ArticleHousing Market Recovery Predicted for 2014
While earlier this year some analysts were predicting a housing recovery as soon as 2012, now the predictions are a little less optimistic – largely thanks to the “robo-signer” scandal that rocked the...
View ArticleForeclosure Filings Drop Nationwide – Lowest Since 2008
According to RealtyTrac, foreclosure filings dropped 14 percent month-over-month from January 2011 to February. This includes default notices, scheduled auctions and bank repossessions, and is a 27...
View ArticleReal Estate Investors Making At Least 17 Percent of All Home Purchases...
While many families struggle to find the funds to purchase their own home in today’s market where the deals abound but credit is tight, real estate investors are making the market work by buying in...
View ArticleForeclosure Times Down In California, Nevada and Arizona
Despite massive uncertainty about the validity of many aspects of the foreclosure process, foreclosure times actually decreased in three states last month. California, Arizona and Nevada all reported...
View ArticleBank of America Donates Houses, then Bulldozes Them
Earlier this year, Bank of America announced that it would be donating houses in the Cleveland area to a local agency that manages blighted property. Now, in addition to its donation of property, the...
View ArticleAugust Posts 33 Percent Spike in Foreclosures
It looks like the unofficial moratorium on foreclosure may be over. 33 percent more U.S. homes received an initial default notice in August over July – the biggest monthly gain in four years[1]. While...
View ArticleThree-Year Timeline for New York Property Foreclosures
According to RealtyTrac, the average amount of time that it currently takes in the state of New York to complete the foreclosure process is 986 days. This time period, which is nearly three years, is...
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