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Foreclosed ‘Zombie’ Homes Exceed 300,000 8 Apr 2013 | 01:20 pm
ORLANDO, Fla., March 28 (Reuters) – A national survey found 301,874 “zombie” properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptibl...
Why Short Sales Aren’t So Short 19 Mar 2013 | 10:06 pm
It’s a question many real estate agents hear from clients: Why do short sales take so long? Despite improving real estate markets, short sales and foreclosure sales will be with us for the foreseeable...
Have All The Bad Loans Already Been Foreclosed? 19 Feb 2013 | 08:24 pm
Forbes – U.S. foreclosure starts dropped to a six-year low in January, another strong indication that the U.S. housing market is recovering and the worst of the foreclosure crisis is behind us. But wh...
U.S. Level of Vacant Homes is “Extraordinary”: Fed’s Duke 9 Oct 2012 | 05:49 pm
Reuters – The housing bust has saddled the United States with an “extraordinary” level of abandoned properties that inflict heavy costs on the wider community and government aid may be needed to tackl...
Foreclosures rise in August 11 Sep 2012 | 11:50 pm
NEW YORK (CNNMoney) — Foreclosure filings rose in August, as more homebuyers fell behind on their mortgage payments. Filings were up 7% compared to July, but were still 33% lower than they were a year...
Average US loan rates at record lows 12 Jul 2012 | 09:59 am
WASHINGTON (AP) — RATES STAY LOW: The average U.S. rate on a 30-year fixed mortgage stayed this week at the lowest level on record. The rate on the 30-year loan was unchanged at 3.66 percent. The aver...
US home sales fell in March 24 Apr 2012 | 07:11 am
WASHINGTON (AP) — Americans bought fewer previously owned homes in March, a reminder that the housing market remains weak. The National Association of Realtors said Thursday that home sales fell 2.6 ...
