Distressed Property

Understanding And Purchasing Distressed Property For Profit

According to the the latest Foreclosure Inventory Analysis showed nearly 1.5 million properties were currently in the foreclosure process or being held by banks as Real Estate Owned. This was up 9 percent from the first quarter of 2012, but down significantly from the apex of foreclosure activity -- 2.2 million units -- in December 2010.

By Bill Lublin|2017-08-10T02:22:19-04:00April 30th, 2013|Housing Analysis|Comments Off

Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010.

By Bill Lublin|2017-08-10T02:38:06-04:00February 11th, 2011|foreclosures|Comments Off