Foreclosure News - RealtyStore's News Desk
Top news and perspectives on foreclosures, rent to own homes, and the best values in real estate
Monday, May 7, 2012 - 19:15
The beginning of spring shows no signs of immediate recovery with Freddie Mac reporting a 30-year loan to qualifying borrowers at 3.88%. This percentage is a downgrade from the 3.9% held last week and barely higher than the average of 3.87% during the month of February.
By: gregc
Tuesday, May 1, 2012 - 10:37
The price of new homes is beginning to stabilize as of April 2012. The sale of existing homes declined in March 2012, although they were still higher than they were a year ago.
By: Jack Philson
Tuesday, May 1, 2012 - 10:27
FreddieMac's fixed mortgage rates are at 3.88%, almost identical to the record low of 3.87% record low recorded in February. By locking into these rates, home buyers can realize savings on their homes over the course of the 30-year mortgage - essentially the same as buying a cheaper home.
By: Jack Philson
Friday, January 27, 2012 - 15:11
This may be the most interesting home buyer program launched yet. Home ownership is in reach for just $100 down, on foreclosed homes marketed by HUD.
By: RealtyStore
Wednesday, December 28, 2011 - 18:18
Prime Mortgage Foreclosures Offer Best Selection of Homes. More prime homes will enter the market as foreclosed home bargains, just in time for buyers looking for great deals in 2012.
By: Jack Philson
Tuesday, October 4, 2011 - 17:00
Foreclosure activity showed a dramatic increase in starts in August. Overall, homes in the foreclosure process or standing inventory showed little change between January 2011 and August 2011.
By: Jack Philson
Monday, September 12, 2011 - 15:45
Government agencies have issued a call for help. Fannie, Freddie and FHA put out a request for information on ideas to liquidate foreclosures much faster and in much higher volumes than reflected by sales to date. Will private businesses and financial investors come to rescue the government from a sea of foreclosed homes in inventory? Let's see.
By: RealtyStore
Friday, July 22, 2011 - 10:43
Recently, the press asked RealtyStore for more research about Atlanta Georgia foreclosures. Research results reflected the broader situation for foreclosure listings across the country, with inventories being resupplied and price discounts leading the market. The final article points out interesting findings.
By: RealtyStore
Tuesday, June 14, 2011 - 17:39
Foreclosure listings inventory is being sold by Fannie Mae with a generous credit toward closing costs, plus a cash bonus. The program is available for a limited time, but is expected to help sell thousands of foreclosed homes, condos and town houses nationwide to deserving home buyers.
By: Jack Philson
Wednesday, May 25, 2011 - 17:57
Rent to own homes are popping up more frequently in national news. People are taking control of home financing without involving banks. This could be the start of a very big trend and one RealtyStore members can take advantage of.
By: RealtyStore
Thursday, April 21, 2011 - 15:32
Foreclosure listings are piling up in what were once thought of as stable, low growth housing markets in the Midwest. Milwaukee, Wisconsin is becoming a foreclosure trouble spot.
By: Jack Philson
Monday, April 11, 2011 - 10:32
Recent economic news shows housing market attention is shifting away from falling prices and towards rising interest rates. We review a potential price vs loan APR scenario for buyers of foreclosure listings. Careful planning and action can mean big savings.
By: RealtyStore
Wednesday, March 16, 2011 - 14:19
New housing construction takes the biggest drop since the early 1980's. With so many attractive foreclosed homes available for purchase, is it really surprising that demand for new homes is not growing?
By: Jack Philson
Sunday, January 30, 2011 - 17:28
The news keeps playing the same tune. Foreclosures continue to build inventory nationwide. Speculation abounds as to when the market will hit bottom, if it hasn't already.
By: Jack Philson
Tuesday, November 2, 2010 - 14:26
Lenders voluntarily halted or slowed foreclosure processing and REO properties sales, temporarily. However, shadow inventory continues to build as banks slowly release inventory to the market.
By: Jack Philson
