Tag Archive | “REO”

Florida Shifts into Reverse

Wednesday, March 20, 2013


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.

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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.

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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.

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REOs Extend Foreclosure Pain

Friday, August 12, 2011

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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.

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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.

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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.

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