Investors should use caution before entering the market in foreclosures, REO and short sales that is reportedly heating up in some areas of the country. According to a CNBC report, the states that were hardest hit by the crash in the housing market are now attracting investors who are competing for inventory that is perceived [...]
Good news for home owners and investors in the Dallas-Fort Worth Metroplex: Foreclosure filings are down 22% year-over-year, according to the Dallas Morning News. Ever since the lenders’ settlement with state attorney generals concerning the robo-signing scandal, experts have been expecting an increase in foreclosure activity, because lenders are now able to move forward on [...]
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“Sacramento, state foreclosure sales decline” – this headline on Sacramento BizJournal.com peaks interest. A clear trend of declining foreclosure numbers should signal the market’s bottom, right? Yes, in a sense – and the BizJournal is sufficiently ambivalent. But the numbers are telling more truth… Social BookmarkingYou might also like:Foreclosure Tsunami and Shadow Inventory Bank Foreclosure [...]