What are the benefits to individual investors hiring real estate attorneys?
Read More »Is the Fixing and Flipping Market Cooling?
Experts discuss the fixing and flipping market and the direction the market may turn when low inventory pressures home prices.
Read More »Foreclosure Starts Fall Fast For July
The foreclosure process began for 36,863 U.S. homes during July 2016, and this number is the lowest level seen for foreclosure starts in 11 years, specifically May of 2005.
Read More »Will Big Bank Defections from FHA Change Mortgage Lending?
Traditional big lenders are increasingly walking away from the FHA. The question is what opportunities does it open up, and how will both the FHA and the mortgage market respond to those changes? Moreover, how does it affect you?
Read More »Cary, North Carolina Named ‘Nicest’ Housing Market; Milwaukee Designated as ‘Naughtiest’
With Christmas just one week away, RealtyTrac has released a list of the nicest and naughtiest U.S. housing markets based on a number of factors, including foreclosure rate, crime ratings, unemployment rate, school scores, housing affordability, and sex offenders per capita. RealtyTrac found the "nicest" housing market in the U.S. to be Cary, North Carolina, and the "naughtiest" to be Milwaukee, Wisconsin, based on those metrics. Cary was chosen as the nicest housing market based on the city's low unemployment by county rate (4.40 percent), sex offender per capita rate (0.021 percent, or an average of 2.12 sex offenders for every 10,000 people), low foreclosure inventory (0.17 percent, or 17 foreclosures for every 1,000 housing units), total crime index (20.1 percent, for a crime rating of A), average elementary school score for 2013 (1.0979) and home affordability, or the percentage of median income to buy median-priced homes (21.38 percent).
Read More »Home Price Appreciation Gives Institutional Investors Incentive to ‘Cash Out’
The possibility of a high return on investment has given institutional investors the opportunity and motivation to cash out, leaving many to wonder about the future of the single-family rental industry and how it would be affected in areas with a high concentration of single-family homes purchased as rentals, should investors sell off in large quantities.
Read More »Missouri Foreclosure Rate Tumbles in November
A steep decline in foreclosure filings in Missouri has dropped the Show Me State from the middle of the pack down to having one of the lowest foreclosure rates among states in November, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released late last week.
Read More »Atlantic City Leaps from 25th to First Among Metro Areas for Highest Foreclosure Rate
Keeping in line with the steadily increasing number of foreclosures in New Jersey, Atlantic City turned in the highest foreclosure rate in the nation among metropolitan areas with a population greater than 200,000 for November, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
Read More »Florida Regains Nation’s Highest Foreclosure Rate in November
The highest foreclosure rate of any state once again belonged to Florida in November after being displaced by Maryland in October, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
Read More »Foreclosure Filings Decline in November Despite Increase in Starts
The number of residential foreclosure filings in the U.S. declined by 9 percent from October to November despite a yearly spike in the number of foreclosure starts (scheduled auctions), according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
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