Published by REALTOR.com | February 21, 2025 A zombie foreclosure occurs when a homeowner abandons their property after receiving a foreclosure notice, but before ownership of the house is transferred. Zombie foreclosures are popping up across the U.S. as homeowners struggle to make monthly mortgage payments—with rates still hovering close to 7%. There are at …
Published by FOX Business | April 18, 2024 The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There were 625 commercial real estate foreclosures in March, up 6% from February and 117% from the same time last year, according to a new report published by …
Commercial Real Estate Foreclosures Jumped 117% in March Read More »
Published by FOX Business | March 15, 2024 Home foreclosures rose again in February as Americans continue to grapple with the ongoing cost-of-living crisis. A new report published by real estate data provider ATTOM found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That …
Published by REALTOR.com | January 12, 2024 The number of homeowners at risk of foreclosure has surged over the past two years. More than 357,000 properties received a dreaded foreclosure filing in 2023, according to a recent report from real estate data firm ATTOM. That was up 10% from the previous year—and 136% from 2021. However, another wave of …
Foreclosures Have More Than Doubled in 2 Years—Will Cheap Homes Flood the Market? Read More »
Published by REALTOR.com | October 12, 2023 Is this a repeat of the 2008 housing bust? The number of homeowners hit with foreclosure notices in the third quarter of the year jumped 34% from a year ago to nearly 125,000, according to a recent report from real estate data firm ATTOM. They were up 28% from the previous …
Foreclosures Continue To Surge: Are They a Threat to the Housing Market? Read More »
Published by Whatfinger News | September 13, 2023 The United States just faced the highest spike in homelessness rates on record, and that’s directly tied to the decline of the American middle class. New numbers suggest that middle-income families are the hardest hit by the ongoing housing crisis. Right now, the number of evictions and …
Published by REALTOR.com | June 9, 2023 The number of homeowners receiving a foreclosure filing spiked in May, causing many to draw uncomfortable parallels with the Great Recession. The number of homeowners receiving a dreaded foreclosure filing spiked in May. About 1 in every 4,000 homes had a foreclosure filing in May, according to a recent report from real …
Foreclosures Are Spiking—How Bad of an Omen Is This for the 2023 Housing Market? Read More »
Published by Find My Way Home A second mortgage included in bankruptcy can foreclose years after it has been discharged, and can cost you a lot of money! As an expert in helping homeowners and homebuyers qualify for home loans after a bankruptcy, foreclosure, short sale or deed in lieu, I talk to folks all over …
Zombie “Second Mortgages” Haunt Unsuspecting Homeowners Read More »
Published by Forbes.com | January 16, 2023 In an attempt to correct perceived abuses, the NY legislature may have made the foreclosure process even worse. Between Christmas and New Year’s Day of 2022, New York’s Governor signed legislation designed to correct an alleged potential for “abuse” of the foreclosure process by mortgage lenders. The context …
New York Legislature Gives Lenders A New Way To Screw Up Foreclosures Read More »
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