Tag Archives: Foreclosure Homes

Foreclosure-Related Homes Still Driving Sales

Posted on February 28, 2013 by sheri

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading →

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Analyst: 10 holiday gifts for real estate

Posted on December 23, 2011 by sheri

Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call “Thursday Morning Quarterback.” Here’s his latest installment. … Are conditions ripening for a housing recovery in 2012? … Continue reading →

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Inland foreclosure discounts lower compared to nationally

Posted on May 30, 2011 by sheri

<!– (Source: By Leslie Berkman, The Press-Enterprise, Riverside, Calif.) – Inland Southern California houses that were bank-owned or in some stage of foreclosure sold for 18 percent less on average than other inland houses in the first quarter of this … Continue reading →

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Phoenix-area "shadow inventory" of homes doing well in market

Posted on May 29, 2011 by sheri

Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s long-suffering housing market and drive down prices. These homes are either in foreclosure or the owners are behind on … Continue reading →

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New York is last (or first) in foreclosure sales

Posted on May 26, 2011 by sheri

Twenty-eight percent of all homes sold nationally in the year’s first quarter were owned by banks or in some stage of foreclosure, according to a new report by RealtyTrac, a California firm that tracks the distressed property market. But in … Continue reading →

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Pennies on the Dollar

Posted on April 5, 2011 by sheri

California real estate investor Simon Volkov says stick it to the bank, and buy real estate at pennies on the dollar purchasing single family homes at wholesale prices. Volkov is a foreclosure and tax property note specialist, who urges investors … Continue reading →

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