Tag Archives: distressed properties

Is your default servicing operation ready for the looming storm? Dru Jacobs of ADFITECH details how to prepare to deal with the impact of an impending crisis.

Former Redfin exec joins provider of distressed residential investment properties to spearhead the firm’s marketing efforts.

Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.

With more than 25 years of experience, Dipak Joshi joins distressed residential investment properties provider to govern financial matters and expansion goals.

The residential real estate marketplace unveils a new digital channel for property investors to view available properties, submit offers, and streamline transactions.

The property preservation specialist details its offerings and how its remote work strategy has kept up with market fluctuations over the past 18 months.

The May 2017 Existing Home Sales Index was released Tuesday, showing that even though inventory is slightly on the rise compared to April 2017, median home prices are still increasing as well. Existing, unsold properties are coming off the market at record times, and foreclosures and short sales are contributing factors. Some industry professionals, however, wonder how long this trend will last.

A decline in the glut of homes available in the hardest hit areas is good news for housing, according to the National Association of Realtors.

At their peak in January 2011, cash sales accounted for nearly half of all residential home sales in the United States (46.5 percent). Since then, that percentage has steadily declined; in August 2015, it was reported at 31.7 percent, less than one-third of all home sales—a decline of more than 3 percentage points from August 2014, when it was 34.9 percent.

Investors who sought low prices on distressed inventory with a high return on investment took advantage of opportunities in Q1. With an absence of traditional homebuyers, investors reduced high distressed saturation rates by creating more demand, thus driving up home prices in key recovering metros, according to Clear Capital.