African-American homeownership has fallen further in Michigan than in any other state since 2000, and a growing number of low-income renters in Metro Detroit are “being squeezed from all sides” when it comes to finding affordable housing. Those are two just two notable conclusions from a series of reports released by the Urban Institute this […]
The delinquency rate for U.S. real estate loans in commercial mortgage-backed securities dropped for the eighth straight month in February. The CMBS loan delinquency rate fell to 4.51 percent, a decrease of 32 basis points from January, and the lowest level since Feb. 2016, according to Trepp, a CMBS loan analyst. Foreclosure News
The Chicago Area Real Estate Investors Association, a west suburban investment network that meets monthly, works with emerging local investors. The Chicago Area Real Estate Investors Association, a west suburban investment network that meets monthly, works with emerging local investors. Foreclosure News
Foreclosures have dropped significantly in the Tampa Bay area over the last year, but this has caused bank-owned homes to spike in price as inventories shrink. BRYAN THOMAS Though still above the national level, Tampa Bay's foreclosure rate continues to drop while good deals on foreclosed homes are getting scarcer by the month. Foreclosure News
Court records show there were 332 mortgage foreclosure filings during May in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties, the smallest number in any month since before 2006. That figure was down 73% from the region's worst month for foreclosure filings in the past 10 years – September 2010, when local courts recorded […]
There were 10,451 homes in some stage of foreclosure last year. That’s down from a peak of 43,438 in 2010 and the lowest since 2006, when the housing bubble was still inflating. Foreclosure News