Foreclosure community blog resource powered by RealtyTrac
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Some rental investments don't pay off
Some rental investments don't pay off Inman News Buying foreclosed, or otherwise inexpensive, residential units with the game plan of renting the property for as many years as it takes until real estate appreciation returns has proven to be a time...(read more)
US Q3 foreclosures, delinquencies hit new records
US Q3 foreclosures, delinquencies hit new records Reuters NEW YORK - U.S. mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter, with both reaching record highs, the Mortgage Bankers Association...(read more)
Foreclosure Spat Brews in Chicago
Foreclosure Spat Brews in Chicago The Wall Street Journal While many banks are taking pains to work out troubled commercial-property loans rather than foreclosing, Bank of America Corp. has lost its patience with a developer who took on a notoriously...(read more)
More foreclosures and short sales hit the market
More foreclosures and short sales hit the market OC Register There were more foreclosures and short sales on the market last Thursday in Orange County than two weeks earlier — not a comforting trend heading into the holidays The chart from Steve...(read more)
Realtors Cheer Prediction of Rising Home Prices
Realtors Cheer Prediction of Rising Home Prices November 14, 2009, San Diego Union-Tribune The National Association of Realtors' chief economist predicted yesterday that housing prices will rise for the first time in four years in 2010 as sales return...(read more)
More Foreclosures to Come
What's Behind the Foreclosure Decrease November 12, 2009, U.S. News & World Report Even as the housing market continues to stagger, foreclosure filings in October declined for the third month in a row. Foreclosure filings were reported on 332...(read more)
3rd Drop in Foreclosures Hints at Recovery; State-By-State Chart
3rd Drop in Foreclosures Hints at Recovery; State-By-State Chart November 12 2009, USA TODAY Foreclosures fell for the third-consecutive month in October, another sign the worst of the housing crisis may be past. RealtyTrac, an Irvine, Calif., real estate...(read more)
Foreclosure Tide Turning?
Foreclosure filings were reported on 332,292 U.S. properties in October, a decrease of 3 percent from the previous month but still up nearly 19 percent from October 2008, according to the RealtyTrac U.S. Foreclosure Market Report released today. The report...(read more)
Marcellus Wiley Sacked by Foreclosure
For 10 years, former NFL defensive end Marcellus V. Wiley menaced quarterbacks, playing for the Buffalo Bills, the San Diego Chargers, the Dallas Cowboys and the Jacksonville Jaguars. Now he may be sacked by foreclosure. Wiley, better known as “Dat...(read more)
Housing Plan Helps 20 Pct in Calif, Nev., Ariz.
Housing Plan Helps 20 Pct in Calif, Nev., Ariz. November 10, 2009, Associated Press The Obama administration's plan to combat the foreclosure crisis has reached about 20 percent of troubled homeowners in the states most affected by the housing meltdown...(read more)
