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High-priced flips garner big profits across US

Luxury flipping is back, according to new numbers from property data company RealtyTrac that shows an increase in the number...

Pricey zip codes can’t escape foreclosure crisis

Pricey zip codes can’t escape foreclosure crisis

People living in the country’s priciest and glitziest zip codes haven’t escaped the foreclosure crisis, according to recent data...

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Foreclosure sales to delay U.S. home price rebound

As the effects of lender-imposed foreclosure freezes wear off, an increase in sales of distressed homes in the coming...

Scheduled home foreclosure auctions fall to new low in New York City

Scheduled home foreclosure auctions fall to new low in New York City

(source: PropertyShark) Newly scheduled residential foreclosure auctions in New York City hit another low in January, continuing the downward...

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Foreclosure freezes spur record declines in activity: RealtyTrac

U.S. foreclosure activity dropped to its lowest level in nearly two years in November, as the country’s biggest lenders...

Distressed home discounts hit five-year high

Distressed home discounts hit five-year high

Pretty much across the board, U.S. home sales took a third-quarter dive in the wake of the homebuyer tax...

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NYC scheduled foreclosure auctions, REOs tumble following foreclosure freezes

It’s been just over a month since Bank of America, the nation’s largest lender, joined some of its peers...

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NY foreclosure activity up 46 percent in 3Q

Report shows filings up over last year’s levels in most U.S. cities Foreclosure activity rose on a year-over-year basis in 65 percent of all U.S. metro areas, including New York, during the third quarter,...

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REOs hit record high, but dropoff expected amid foreclosure freezes

Robo-signing scandal sparks worries about shadow inventory A record 102,134 U.S. homes were repossessed by banks last month, according...

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Foreclosure sales dip in NYC, unlike nation

Report reveals biggest discounts are in Brooklyn and Staten Island Distressed property investors, take note: New York City homes in foreclosure are selling at as much as 43 percent off the average sale price,...

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