Friday, November 18th, 2011
Foreclosures are everywhere – just drive through a random neighborhood in a random city to see the evidence for yourself. According to the latest numbers, 2.7 million foreclosures have occurred from 2007 to February of this year. What’s worse is that this represents only 43% of the amount of residential foreclosures expected to hit the markets over the coming years – which means the foreclosure crisis will
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Tags: crisis, deals, foreclosure, foreclosure crisis, foreclosure deals, foreclosure discounts, foreclosure rates, housing crisis
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Wednesday, November 16th, 2011
It’s no secret that widespread foreclosures have gutted neighborhoods and decimated communities, leaving a lasting impact on families and businesses alike. And while there are plenty of terrific deals available with thousands of foreclosed properties for sale on the market, everyone in the industry still believes that a healthy, vibrant real estate sector is the best overall situation for the
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Tags: crisis, foreclosure rate, foreclosures, real estate sector, schools
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Friday, October 28th, 2011
When it comes to foreclosures, it appears as though location plays an integral part in the foreclosure rates. Obviously when you consider the national average, there are some areas with foreclosure rates that are lower than that average, as well as some places with foreclosure rates higher than the national
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Tags: foreclosure rates, foreclosures, increase in foreclosures, rate of foreclosures, Twin Cities, unemployment rates
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Monday, October 10th, 2011
Foreclosure rates have picked up lately, especially in the hard-hit areas of the country that were exposed to thousands of bad mortgages, high unemployment, and other staples of the housing crash and subsequent recession over the past few
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Tags: atlanta, atlanta foreclosures, big peach, foreclosure listings, foreclosures, foreclosures rise, hud foreclosures, popular cities, triplex foreclosures, va homes
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Wednesday, September 28th, 2011
A report released today by CoreLogic suggests that the nation’s shadow inventory – comprised of distressed properties that have not yet been listed for sale – is
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Wednesday, August 31st, 2011
The foreclosure pipeline just keeps getting longer while still remaining clogged, according to new numbers released
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Tuesday, August 30th, 2011
Most cities and metro areas hit hard by the foreclosure crisis are depicting the same housing market scenario — a large percentage of the total number of homes for sale consists of foreclosed properties. These foreclosures are considered to be the bane of the real estate market as they tend to adversely impact home prices. It is therefore a good sign if there are reports of shrinking
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Monday, August 29th, 2011
Foreclosures have inundated the real estate market for years now, and like Hurricane Irene, have flooded entire areas of the country. Unlike the floodwaters brought on by the hurricane, though, this flood of foreclosures won’t go away any time
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Wednesday, August 24th, 2011
The foreclosure market continues to expand as we head into September, with fewer foreclosures taking place overall but more delinquencies occurring this
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Wednesday, August 3rd, 2011
Foreclosures have been the talk of the country over the last few years as banks obtain ownership of these properties due to delinquent payments. Although high foreclosure inventories often lead to abandoned properties and falling home prices, investors and potential homeowners can use both of these facts to achieve an incredible deal. However, are there still surpluses of foreclosed properties on the market that are worth investing? The answer [...]
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Monday, July 25th, 2011
The foreclosure market continues to march on, and for homebuyers and investors alike, that means two trends – bigger homes and a thirst for more rentals – continue to grow
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Friday, July 15th, 2011
The answer to this question depends on where you are and what you want to do. Not every area in the country will be hit by a deluge. Even in hard-hit states like California, there are stable real estate markets that should bear the brunt pretty well. Cupertino and Manhattan Beach, for example, have actually seen an increase in home prices over the past five
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Thursday, July 14th, 2011
The report released today indicated that foreclosure filings fell sharply by 29% from this time period last year, and are down 25% overall from the second half of 2010. Furthermore, foreclosure processing delays are up, with the average time to close a foreclosure now taking 318 days across the nation, with a high of 966 days in New
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