Foreclosure starts surged in September
Following the federal moratorium’s end, the number jumped, marking the highest quarterly growth on record, according to Attom Data Solutions.
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Following the federal moratorium’s end, the number jumped, marking the highest quarterly growth on record, according to Attom Data Solutions.
Antique-hunters can rejoice, as the pandemic seems to have triggered a wave of decluttering—and in turn, unleashed a treasure trove of hidden gems. Stay in ...
REGISTER NOW Ocwen Financial and its subsidiary PHH Mortgage on Monday were reviewing allegations that they had not completed foreclosures in a timely manner on 18 abandoned properties in New York, the top state for so-called “zombie” real estate issues. Albany, Schenectady and Troy have coordinated legal actions against Ocwen and PHH under New York’s zombie property law, according to a press statement posted online July 28. Under the law, a civil penalty up to $500 may be issued for each day a violation exists on an abandoned property. New York enacted the legislation a few months bef...
D-FW home sellers score record profits In the first quarter of 2021, Dallas-Fort Worth sellers on average cleared an average profit of $94,571, and Austin gains were even higher. D-FW home sellers cleared an average $94,571 in the first quarter.(Steve Brown ) Of course, they’ll need all that extra money to buy another home. In the first quarter of 2021, Dallas-Fort Worth sellers cleared an average profit of $94,571 from local home sales, setting a record. That’s a 22.8% year-over-year increase in typical sale proceeds from a year ago, according to a new report by Attom Data Solutions. Nat...
39.7% 39.6% Options for Distressed Homeowners With Negative Equity Today’s homeowners are benefiting from the red-hot housing market, which is sending property values through the roof. On average, homeowners across the country scored a $26,000 bump in home equity in 2020, according to CoreLogic. Depending on where you lived, those gains were substantially higher—California, Idaho and Washington averaged $50,000 in home equity increases annually. Meanwhile, states like North Dakota, Iowa and Oklahoma saw considerably lower equity lifts with an average of $9,000 year-over-year. For homeowne...