A New York State investor group is at the center of a burgeoning foreclosure crisis in Baltimore, according to an investigative report from "The Baltimore Banner."
While Monique Hill and her husband were undergoing foreclosure proceedings, former real estate agent Oscar Dais created, signed and notarized a fraudulent deed in Hill's maiden name. This week, Dais pleaded guilty.
Metro areas in the southern and western U.S. dominate the nation’s riskiest markets. That's according to new Attom data on home prices, underwater mortgages, foreclosures and more.
Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to a 4.6-month supply
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM's CEO described the situation as "a mixed picture."
Auction.com executives confirmed to Inman that views of its listings have increased significantly since Zillow began rolling out a new user experience that now includes previously hidden listings.
Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com.
The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom.
Consumer spending remained high while the broader economy slowed, growing just 1.1 percent in the first 3 months of 2023, according to data released Thursday by U.S. Bureau of Economic Analysis.
Windermere Chief Economist Matthew Gardner has pulled the latest data on foreclosure starts and looked at the quality of mortgages that have been given to buyers in order to give you a clear idea of how foreclosures will impact the overall housing market.
Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come.