Over the last three years these institutional investors have purchased more than 850,000 residential properties, representing 6.14 percent of all sales. This heat map shows where they have been the most active.
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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.
Federal Housing Administration (FHA) mortgages are a pillar of the lending system, but such loans cost too much and are too profitable according the Community Home Lenders Association, a group which wants to see a substantial reduction in FHA mortgag
At the risk of sounding self-serving, we here at RealtyTrac earnestly contend that 2014 will represent one of the best years in recent memory for a low-risk, high-reward foreclosure purchase.
By just about every measure the housing market is looking better — home values of the rising, new construction is on the increase, foreclosures are down and millions of people have gotten mortgages to finance and refinance their homes in the past few
Shared appreciation is an idea whose time may have come. Indeed, it may be the only way for the nation’s banks to avoid still-more losses, additional deficits that could total hundreds of billions of dollars.
A 53,000 square foot commercial property in Henderson, Nev. — located 2850 West Horizon Ridge Parkway — is slated for a foreclosure auction later this month, according to RealtyTrac.
Hipsters have been accused of holding back a more robust housing recovery because of their low homeownership rates and lackluster household formation.
If you’re a mortgage borrower your great goal in life is to get a lower rate. While 2012 saw the lowest mortgage rates in 65 years, 2013 and early 2014 have not been far off the mark.
Four renowned economists — citing an improving economy and a rising home prices — expect price gains even as mortgage rates rise in 2014, according to a yearly survey by RealtyTrac.
The Federal Reserve is scheduled to announce the second cut in its bond-buying program in six weeks as a lackluster December jobs report failed to diminish the central bank’s expectations for solid U.S. economic growth.
There’s little doubt that the real estate marketplace is in the midst of change.
An important law which has eased the financial fall-out from the mortgage crisis has ended.
There's a new breed of luxury condos on the market and standouts like Thirty Park Place, Mercedes House, and 432 Park are at the forefront of this wave of change.
Jumbo mortgages — gigantic loans which historically have been much-more expensive than FHA, VA and conventional financing — are selling at a discount.
The latest news on the unemployment front is good for just about everyone: The government says 203,000 jobs were added to the economy in November and that the unemployment rate is down from 7.0 percent to 6.7 percent.
With the busyness and stress of the holidays over it may be time to get away from it all by going on a ski vacation in a snowy mountain resort town.
The government has just come out with a new form designed to explain how much a mortgage really costs.
Here’s the dope on freelancing: it’s one of the greatest silent revolutions in the history of mankind.
There are various people who think that both real estate and stocks are vastly overpriced. Last week, for example, the stock market closed with the S&P 500 over 1,800 for the first time while the Dow topped 16,000.
RealtyTrac has identified the top 20 U.S. cities with the deepest discounts still available on foreclosure homes, including several markets on both coasts, from the high end to the low end.
Ben S. Bernanke, chairman of the Federal Reserve for a few more weeks, announced Wednesday that the Fed would begin tapering back on its $85 billion a month bond buying program.
Homeowners who list their homes in the winter usually are more motivated to sell, according to a new infographic from Veterans United.
The Federal Housing Administration, which in September received a first-ever $1.7 billion bailout from the U.S. Treasury, said an audit of its finances has found it still faces a $1.3 billion capital shortfall.
Just about anywhere you look in the United States the residential real estate market is plagued by a lack of homes for sale.
The Senate voted 57-41 on Dec. 10, to confirm Rep. Mel Watt, D-N.C., to head the federal agency overseeing Fannie Mae and Freddie Mac, ending a year-long battle by the White House to install a new regulator.
Overall U.S. foreclosure activity is down 23 percent year-to-date through October 2013, but foreclosure activity on homes in the $5 million-plus value range is up 61 percent during the same time period.
New and tougher mortgage standards will be here in just a few weeks, financial norms that are causing the home loan industry to shudder and quake.
I want a house for Christmas. I want it in a neighborhood that’s not far from where I’m living now. I want it close to my work. ….AND (whew!)…it has to be move-in ready.
If you think the HAMP and HARP were disasters, wait till you hear about the next mortgage mess barreling our way.
While the precise definition of hipsters is elusive there’s no doubt the culture surrounding the hipster lifestyle has a major impact on local real estate markets, and mostly in a positive way.