A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

While the level of new delinquencies on residential mortgage loans has stabilized, the size of the “foreclosure pipeline” continues to grow. According to recent reports from RealtyTrac, just under two ...

Mike Olsen has been handling and selling foreclosed houses – known as REO (or real estate-owned, meaning bank-owned) properties – since he got into real estate in 1982 as a 20-year-old for whom ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else ...

Explore the foreclosure crisis of 2007-2010, identifying its causes and effects on the U.S. housing market and the solutions that resolved it.

Discover how many mortgage payments you can miss before foreclosure starts and learn about lender exceptions and housing ...

Properties foreclosed in Q1 2023 had been in the foreclosure process an average of 950 days, the highest number of average days to foreclose since Q1 2018. This is up 12 percent from the previous ...

The number of residential properties in the process of foreclosure is up 5% from Q4 and nearly 30% YoY. Among the pre-foreclosure properties, 8,141 are zombie foreclosures, up 5.4% from Q4 and 10.6% ...

In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics ...

Foreclosed and pre-foreclosed homes maintained their position as the source of over a fifth of U.S. home sales in the second quarter of 2012. Twenty-three percent of all residential sales during the ...