If you believe the hype, it appears that the next phase of the housing market recovery is going to rely heavily on short sales to help remove distressed properties from the home sales pipeline.
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Las Vegas, Merced and Cape Coral-Fort Myers registered top metro foreclosure rates, while high foreclosure rates spread to new metros in several states.
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The full impact of the nation's rising unemployment rate -- which reached 9.8 percent in January -- has not yet been seen in the foreclosure numbers.
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If you're a potential foreclosure buyer, the obvious place to start is price and condition. But there's far more to it. Consider these tips to get your best deal.
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Short sales, where the lender agrees to take less than amount due to them, have tended to sell for less than similar homes in the area. One reason for this is that short-sale listings usually don't look as good as the competition. Another reason is t
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Bruce Norris, a real estate investor and analyst from Riverside, Calif., has four ideas to bring investors back into the real estate marketplace.
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When it comes to foreclosures, the standards for borrowers and lenders are very different. When it comes to foreclosures, the rules and standards for borrowers and lenders are very different.
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Historians will write that the current economic recession was the worst heist in U.S. history, capturing more victims than any other financial crisis.
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It used to be that few people had ever heard of something called "mortgage recasting," but now this term is likely to become very well known, and not in a good way.
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