The foreclosure numbers look so much better these days that at first glance it’s hard to see any big national problems looming ahead. After all, as RealtyTrac points out, July foreclosure levels were 16 percent below a year earlier.
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RealtyTrac® is the leading online marketplace of foreclosure properties, collecting detailed property, loan and home sales data from more than 2,200 counties, covering more than 90 percent of U.S. households. Reports include estimated property values, comparable sales, loan history, tax lien and bankruptcy records, trustee and lender information and property details.
After the housing bubble burst in 2006, it ushered in the foreclosure crisis, with 5.5 million borrowers losing their homes to banks.
The American Dream of owning a home is still alive and well today in the United States, but it is increasingly under assault by a growing number of renters.
Last month, Zillow announced that it would purchase Trulia in a $3.5 billion deal that sent ripples through the residential real estate industry.
Most U.S. housing markets in 2013 fit into one of these three patterns of activity when it comes to bank repossessions (REOs). See what those patterns look like and identify which matches your local market.
As the foreclosure crisis winds down and distress in the U.S. housing market returns to more normal and predictable levels, storm clouds of risk threatening more distress continue to hang over the horizon.
Most real estate experts believe the housing market is recovering. But three contrarian economists are not so sure.
Mozilo, the co-founder of Calabasas, Calif.-based Countrywide Financial Corp., is facing a possible civil lawsuit over the excesses of the subprime mortgage boom, according to Bloomberg.
There has been quite a fuss during the past few days as a result of the announcement by Freddie Mac Chief Economist Frank Nothaft that “we are getting closer to a more normalized economy.”
If you spend more than 19 percent of your monthly household income on housing you might be spending too much.
Sky-high home prices that continue to increase against all laws of physics, high rental rates and unfavorable unemployment rates have not been enough to chase millennials away from these unaffordable markets.
If the millennial generation is the future of a sustained real estate recovery, those local markets that are actually most affordable are likely where the most housing growth will occur.
The big news of the week concerns the impending union of two major online real estate sites, Zillow and Trulia.
A record 57 million Americans — or 18 percent of the U.S. population — lived in multi-generational homes in 2012, double the number who lived in such households in 1980, with young adults leading the trend.
Last week RealtyTrac released an analysis of what profiles of properties offer the best potential for discount, and which markets have the most properties matching those hot discount profiles.
Seattle’s population is booming — it was recently ranked the fastest growing big city in 2013 by the U.S. Census Bureau.
Traditionally, residential real estate was an old-school business controlled by franchised brokerages and local multiple listing services (MLSs).
How will immigration impact residential real estate?
International buyers spent $92.2 billion in 2013 on U.S. properties, up from $68.2 billion a year earlier, a 35 percent jump, according to the National Association of Realtors.
We usually think of 30-year mortgages as the basic pillars of real estate finance but do we really need fixed-rate loans that last three decades?
Agoura Hills-based American Homes 4 Rent, the nation’s largest publicly traded single-family rental company, announced Tuesday that it acquired Beazer Pre-Owned Rental Homes Inc. for $263 million.
In the new book An Inquiry Into the Nature and Causes of the Wealth of the States the quartet argue that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth.
America is a nation on the move. The Census Bureau says in 2013 that 35.9 million of us picked-up and went somewhere else, almost 12 percent of the entire population.
A national survey of Realtors shows that they continue to invest in mobile technologies to advance their profession and help their clients, according to the National Association of Realtors (NAR).
Vera Bigham, 91, never owned a home before. But on her 91st birthday, the Jamestown, Calif., resident unpacked the American Dream.
When he was nominated to be the next U.S. Secretary of Housing and Urban Development, the charismatic mayor of San Antonio was widely believed to be the next vice presidential candidate — or even president.
New urbanist boosters — pointing to “the great inversion” — the myth that most Americans are moving back to cities from the suburbs, like to illustrate the supposed trend, that cities are growing faster than suburbia, and that the “creative class” ar
Millennials are poised to move out in droves, lifting the number of new households formed and possibly transforming the housing market, according to a new study by Harvard University’s Joint Center for Housing Studies.
RealtyTrac recently analyzed zombie foreclosures for Q2 2014 — properties that have started the foreclosure process and the homeowner has vacated the property.
Here’s a quick and easy way to sell more houses and raise real estate values: Just reduce credit requirements for mortgages and the whole country will be on its way to a housing rebirth of unprecedented size and power.