Foreclosure Investing for Pennies on the Dollar

In today’s hot real estate market, many buyers and investors have forgotten about the foreclosure market. The market may be slower today but the foreclosure market never dries up completely.

Wave of foreclosures could hit Puerto Rico

Puerto Rico could be hit with a fresh wave of foreclosures as a three-month moratorium on repayments that followed the devastation of Hurricane Maria comes to an end.

Foreclosures fell by 40% at the end of 2016, CoreLogic reports

The number of foreclosures completed in December fell 40% from a year earlier, according to data released Tuesday by CoreLogic.

Ex-homeowners missing out on foreclosure cash

What with surging real estate values in many parts of the U.S., some foreclosed homes are netting more than what the lender is owed on the property.

Why the sudden spike in foreclosures last month?

Foreclosure filings jumped by 27 percent in October 2016 compared to the previous month, having previously hit their lowest level in 129 months in September

Home Prices in the South Continue on an Upward Trajectory

The latest market report from Clear Capital shows that home prices in the south of the country are continuing to track upwards, while price increases are slowing down in the West.

Home Equity and Foreclosures are Up

Midway through the autumn real estate season the national market is very mixed. There has been a slight annual decrease in new mortgage applications (less than a 2 percent dip) as interest rates begin climbing higher just as market watchers have predicted

The REO Real Estate Market is Changing

Historically, the REO auction market has been associated with investment buyers and more recently with intuitional buyers. Today, the auction market has opened up to consumer buyers and real estate agents.

Ohio moves to combat zombie foreclosures through new legislation

The state of Ohio is stepping up its fight against neighborhood blight by introducing new legislation that aims to speed up the foreclosure process in the state.

New Foreclosures Hit a Record Low

According to an article in economic, Mortgage Monitor figures from Black Knight Financial Services show there were 595,235 home mortgages in the foreclosure process at the end of April. This equates to 1.17% of all mortgages. The figure is down from 630,766 at the end of March, which equated to 1.25% of all loans. […]

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