While Washington continues to address the crisis of people unable to pay rent, they have not addressed the issue of rental property owners who are unable to pay mortgages, which can create another...
Foreclosures
Foreclosures
Think Realty Podcast #165 – Deals in Hiding
Vacant homes can become crime magnets. Lenders held with the mortgages for these properties often look for a way out. Enter PreREO, a company that connects local investors with non-performing notes...
The Sandwich Effect
Federal and state governments are proving surprisingly effective at holding much of the economic fallout at bay, although there will come a point where the price for all of this quantitative easing...
Foreclosure Buyers Respond to COVID-19
Auction.com has just published its Q2 2020 Foreclosure Buyer Insights report, which sheds light on how real estate investors on the frontlines of the housing market are responding to the COVID-19...
Foreclosures to Increase Despite no Recession
Most default servicers expect foreclosures to increase in 2020 despite no economic recession, according to a recent Auction.com survey. Auction.com announced the results of its 2020 Default...
ATTOM Report: Over 1.5 Million Vacant U.S. Homes
Attom Data Solutions recently released its Vacant Property and Zombie Foreclosure Report. The results showed there are 1,530,563 U.S. single-family homes and condos vacant in third quarter of 2019,...
Increased Foreclosures in the West?
According to a new client survey conducted by Auction.com, Western markets are most at risk for increased foreclosure inventory in the second half of 2019. Most respondents (80%) expect only slight...
Continuing a Trend, Annual Foreclosures Rates Drop in Every State Except One
For 11 consecutive months, the annual rate of foreclosures has dropped, according to a recent report from ATTOM Data Solutions. In May 2019, the real estate analytics provider found that foreclosure...
Counties With Most Abundant Foreclosure-Buying Opportunities
There were a total of 624,753 U.S. properties that received a foreclosure filing in 2018, and of those, 230,305 properties were repossessed by a lender, according to the ATTOM Data Solutions 2018...
Despite Historically-Low Rates, Foreclosures Increasing in Areas
While mortgage delinquency has dropped to historic lows, there are pockets of the U.S. seeing an uptick in foreclosure starts, according to a report from ATTOM Data Solutions. A handful of states...
