The market is shifting. Here’s how you can still find deals as an investor

Following the herd and conventional wisdom never got real estate investors anywhere. Try these tactics to score great deals on investment properties. Continue reading

US foreclosure activity ticks down in July, sliding 4%, data shows

Figures released Wednesday by Attom show a total of 30,358 properties with foreclosure filings in July. Despite the slight drop, foreclosure activity is still up 143 percent from the same time last year.  Continue reading

The 10 most stable housing markets in the United States, ranked

The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. Continue reading

Mortgage delinquency rates continue their descent: CoreLogic

The number of homeowners who are more than 30 days late on mortgage payments dropped for the 11th straight month in February. Continue reading

Mr. Cooper lays off originators while mortgage servicing business booms

Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Continue reading

Foreclosures hit post-pandemic high during first quarter of 2022

U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom. Continue reading

Home price growth ‘reaccelerates’ to set new February record

February’s 19.6 percent annual home price appreciation, together with sharp rise in mortgage rates, produced the tightest affordability in 15 years, according to new data from Black Knight. Continue reading

Fake landlord and deed fraud scams plague Detroit buyers and renters

Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Continue reading