Featured News, Residential, US Real Estate

New York Facing 'Zombie Property' Epidemic

By Mike Wheatley | February 24, 2014
Properties that sit deteriorating in foreclosure limbo are plaguing New York's neighborhoods. New York Attorney General Eric Schneiderman says he plans to introduce legislation to get banks and mortgagees to better maintain the vacant properties.
Featured News, Mortgage, US Real Estate

Foreclosures Still Going Strong In Some States

By Mike Wheatley | February 21, 2014
While the January 2014 rate is 18 percent below one year prior, RealtyTrac reports in its latest Foreclosure Market Report that some states are seeing big increases in foreclosure activity.
First time buyers point to a down payment as the reason for not buying homes
Featured News, US Real Estate

First-Time Buyers Squeezed Further Out?

By Mike Wheatley | January 28, 2014
Things are looking pretty glum for first-time buyers trying to get a foothold on the housing market, after it was revealed that this demographic accounted for just 27 percent of home sales nationwide last month.
Mortgage, US Real Estate

RealtyTrac: Foreclosure Crisis "Well Past It's Peak"

By Mike Wheatley | February 15, 2013
There’s still some way to go but all the signs are that the foreclosure crisis is finally coming to an end. Latest figures from RealtyTrac show that foreclosure filings have continued their downward trend, falling to the lowest level since April 2007 at the end of last month.
US Real Estate

US Foreclosure Picture Worsens in August

By Al Twitty | September 13, 2012
Confusing signals, that's what conflicting reports of a real estate market gaining momentum and one headed back into the doldrums are good for. According to RealtyTrac's August forecolusure report, defaults in the US are on the rise again.
Mortgage, Real Estate, US Real Estate

Record Number of Short Sales Expected

By Mike Wheatley | April 23, 2012
The number of short sales has shot through the roof in 2012, and if things continue the way they are going – as expected – we could see a new record set by the end of the year.
Mortgage, Real Estate, US Real Estate

RealtyTrac Reports Foreclosure Filings Down Again

By Mike Wheatley | April 14, 2012
The number of foreclosures filed during the first quarter of 2012 has dropped by 2% on the previous quarter, and by 16% from the same period 12 months ago, according to a new report just released by Realty Trac.
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