MOST DEFAULT SERVICING LEADERS EXPECT SOFT LANDING, SLOWLY RISING FORECLOSURES DESPITE PERSISTENTLY HIGH INTEREST RATES 76% surveyed expect home price increases to continue through the rest of...
Foreclosures
Foreclosures
Where to Spot Distressed Property Buying Opportunities in 2024
Based on scheduled foreclosure auction volume in late 2023, here are some opportunities you might want to consider. Foreclosure auction volume remained muted in late 2023, but scheduled auction data...
Inaugural Neighborhood Stabilization Report Shows Community Impact of Distressed Property Dispositions
Analysis of 325,000 distressed dispositions in last five years shows impact on homeownership rates, property values, home affordability and distressed homeowners Profile of the local community...
7 Pros and Cons of Investing in Foreclosures in 2023
As an investor, you’re always on the lookout for properties that will return substantial profits. With an uncertain housing market, as well as high inflation and interest rates, foreclosed...
A Look Back at 2023—and a Peak at 2024
Does investor sentiment align with market conditions? There’s no doubt the past year has been challenging for residential real estate investors. How daunting has the challenge been? What’s going on...
Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023
92% surveyed expect foreclosure volume to increase as roll rates from delinquency rise 85% surveyed expect home prices to decrease, eroding equity for distressed homeowners Respondents estimate...
Where to Expect Increasing Foreclosure Volume for the Rest of 2023
Nearly nine in 10 (86%) mortgage servicing industry professionals surveyed at the Auction.com Disposition Summit in June said they expect their organization’s completed foreclosure auction volume to...
Sizing and Timing the Pandemic Backlog of Foreclosures
Foreclosure prevention efforts during the COVID-19 pandemic helped prevent a tsunami of distressed sales during the thick of the crisis, but it also created a backlog of distress that is beginning...
90 PERCENT OF MORTGAGE SERVICERS EXPECT FORECLOSURES TO INCREASE IN NEXT YEAR ACCORDING TO AUCTION.COM SURVEY
Servicers expect 23 percent of seriously delinquent mortgages to complete foreclosure. Pandemic backlog and regulatory intervention will have biggest impact on foreclosure volume. Irvine, Calif. —...
After a Two-Year Hiatus, Will Foreclosure Volume Return in 2022?
Data from Auction.com and other sources suggest that foreclosure volume will increase substantially in 2022 off a record low in 2021, while staying safely below pre-pandemic levels. The trend of...
