Nov 10
According to Foreclosure Radar, investors are faster at reselling foreclosures as compared to banks. Those results vary by area, with Oregon banks taking an average 232 days to offload inventory — or 156 days longer than third parties, who take only 76 days. In Washington, however, it took banks only 52 days longer than third parties …
Feb 18
The bank-man comes with a vengence: Washington ranks #12 in the nation for the number of foreclosures. Nevada, California, Arizona have top 10 metro rates… Florida drops The Los Vegas-Paradise, Nevada metro area maintained the nation’s highest January foreclosure rate among metropolitan areas with a population of more than 200,000: one in every 82 houses receiving a foreclosure …
Jan 02
Foreclosure inventory increases are being driven both by elevated levels of foreclosure starts as well as few foreclosure sales. The average number of days delinquent for loans in foreclosure is a record 499 days with over 4.3 million loans 90 days or more delinquent or in foreclosure. Foreclosures by mortgage product type are shown below, with subprime …
Dec 06
#1 purchasers of REOs and short sales are first-time homebuyers. Recent survey results published by Campbell/Inside Mortgage Finance show that first-time homebuyers are the No. 1 category of purchasers for move-in ready REO and short sales. An REO property is one that is offered for sale by a bank or lending institution. In contrast, investors …
Dec 02
As reported by Bloomberg News, U.S. homes in the foreclosure process sold for about 32 percent less than non-distressed properties in the third quarter. According to a report from RealtyTrac Inc., a quarter of all U.S. transactions involved those types of homes - those involving bank-owned real estate, residences in default, or those scheduled for auction. …
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
