Survey: Distressed Sales Fall, Investors Increase Short Sale Activity

Survey: Distressed Sales Fall, Investors Increase Short Sale Activity   05/24/2013 By: Esther Cho      In April, the share of sales involving foreclosures and short sales maintained their downward path, falling to the lowest level since 2009, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking survey. Using a three-month moving average, the survey found … More Survey: Distressed Sales Fall, Investors Increase Short Sale Activity

FHA INFO #13-30: HUD/FHA Resources for Oklahoma Counties Impacted by Severe Storms and Tornadoes

HUD/FHA Resources for Oklahoma Counties Impacted by Severe Storms and Tornadoes   On May 20, 2013, Cleveland, Lincoln, McClain, Oklahoma, and Pottawatomie counties in Oklahoma were identified as Presidentially Declared Major Disaster Areas.  The Federal Housing Administration would like to remind mortgagees to provide assistance to borrowers with FHA-Insured single family mortgages pursuant to Mortgagee … More FHA INFO #13-30: HUD/FHA Resources for Oklahoma Counties Impacted by Severe Storms and Tornadoes

Is Real Estate Wealth Returning by Peter Miller

American homeowners are getting rich. Again! There is no other way to read the financial information now coming out which shows that  the value of American homes has risen significantly during the past year. For example, the National Association of Realtors says that home values have been rising nationwide for the past 20 months and … More Is Real Estate Wealth Returning by Peter Miller

Judicial Foreclosure Auctions Hit 30-Month High in April, Overall U.S. Foreclosure Activity Drops to 6-Year Low

Foreclosure Starts Down Nationwide But Trending Higher in Several States  Nevada, Florida, Ohio, Illinois, South Carolina Post Top 5 State Foreclosure Rates IRVINE, Calif. – May 9, 2013 — RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties and real estate data, today released its U.S. Foreclosure Market Report™ for April 2013, which shows foreclosure … More Judicial Foreclosure Auctions Hit 30-Month High in April, Overall U.S. Foreclosure Activity Drops to 6-Year Low