More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which warned Thursday that number will continue to climb. The Mortgage Bankers Association’s first quarter report showed that a record 2.5% of all...
Here are some things to consider about REO’s and buying foreclosure properties. Get Rich Buying Foreclosures Little Known Secrets About Buying Foreclosures
In back-to-back Inman News columns, Bernice Ross wades into the controversy over the reporting of home-price statistics. In Part 1, “Put a gag on Chicken Little,” Ross argues that home prices are stabilizing, but that the media’s emphasis on...
According to Economy.com, there are a number of cities where home prices are expected to rise including Dallas, TX and Cleveland, OH. Although not an exhaustive list, other areas for opportunity include some of the locations below: Mobile, AL: Forbes has stated Mobile...
Nationally, home prices are falling, unemployment is on the rise and the economy is expected to grow slowly–or even contract–in the first half of the year. But some cities are doing just fine. Take Oklahoma City, Okla. With falling unemployment, one of the...
