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As the housing market improves, foreclosure activity has been steadily declining with one exception: The number of multimillion-dollar homes going into foreclosure has spiked, new research finds. Foreclosure activity on homes worth $5 million surged
Institutional home buyers in the United States dropped off sharply in October compared with September, RealtyTrac reported Tuesday. Institutional buyers are defined as those buying at least 10 properties within the past 10 months.
November 15 The Kansas City Star Lenders picked up the pace of home foreclosure activity nationwide in October, as more properties made it through the legal pipeline. More News Default notices, scheduled auctions and bank repossessions climbed 2
Blackstone sold $479 million worth of bonds backed by its home-rental income. In addition to raising funds for Blackstone, the financing tool may bring uniform standards to a business long troubled by absentee landlords and delinquent tenants. "We
After a two-month slowdown, foreclosure filings spiked in Southwest Florida last month as lenders adapted to a new state law designed to speed up the process. Facts "Rapid appreciation has given homeowners options other than foreclosure and displayed
The real estate industry uses these terms to describe certain kinds of foreclosed homes. And unfortunately for some states, these "monsters" could haunt their recovering housing markets. Virginia, Nebraska, Alaska and Oklahoma have the highest rate
The trend is being driven by investors, who are buying homes both for rental and resale. They have swooped down on one of the country's youngest housing markets with cash to buy primarily houses built since 1990, according to a report released this
U.S. home buyers can expect to see lower prices and less competition when purchasing an older home, real estate research firm RealtyTrac said Thursday. With the release of the firm's Aging Homes Analysis report, RealtyTrac said 70 percent of the U.S.
Colorado single-family homes, condominiums and townhomes sold at an estimated annualized pace of 138,812 in September, up 2 percent from August's pace of 136,542 and 4 percent from September 2012's pace of 133,215, according to the report. The
The number of homes flipped in the Chicago area more than doubled during the first nine months of the year, bucking a slowdown that's starting to occur in other markets, new data showed. Local investors attribute the heightened activity to the local