Tag Archive | “REO”
Florida Shifts into Reverse
While the rest of the nation’s housing markets experience various levels of recovery, most markets in Florida seem to be relapsing to the heyday of the Foreclosure Era after a brief period of improvement.
Continue reading…Short Sales Soared While Foreclosures Fell
Thursday, February 28, 2013
RealtyTrac reported today 947,995 U.S. properties in some stage of foreclosure or bank-owned (REO) were sold during the year, a decrease of 6 percent from 2011 and down 11 percent from 2010.
Continue reading…Hedge Funds Shrink Foreclosure Discounts
Monday, January 14, 2013
Demand for foreclosures is so great and supplies are so low in some of the nation’s hottest foreclosure markets popular with investors that the price differences between REOs and full-price homes have virtually disappeared.
Continue reading…REOs Extend Foreclosure Pain
Friday, August 12, 2011
Bank-owned foreclosures (REOs) are taking significantly longer to sell than foreclosures bought and resold by investors, extending the timeline for REO foreclosures even longer than the extraordinary delays for resulting from slower processing.
Continue reading…5 REO Acquisition Avenues for Nonprofits and Govvies
Wednesday, December 29, 2010
Nonprofits are flush with federal stimulus funds to purchase foreclosed properties. Faced with fierce competition for REO properties in hot markets, Neighborhood Stabilization Project (NSP) managers are adopting multiple property acquisition strategies.
Continue reading…REOs Put New Pressure on Prices
Wednesday, September 1, 2010
Rising numbers of real-estate owned properties (REOs) and delinquencies are creating excess supply in housing markets across the country.
Continue reading…
Wednesday, March 20, 2013
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