Unclaimed Homes Offer Bargains Across These States Amid ‘Zombie Foreclosures’
Unclaimed Homes Offer Bargains Across These States Amid ‘Zombie Foreclosures’ In the realm of real estate, savvy homebuyers and investors are always on the hunt for the next big opportunity. Recently, an increasing number of stakeholders have turned their attention to a peculiar yet promising segment of the market: unclaimed homes resulting from “zombie foreclosures.” […]
ATTOM Reports Home Vacancy Rate Remains Unchanged
ATTOM Data’s Q2 2025 Vacant Property and Zombie Foreclosure Report According to ATTOM Data’s Q2 2025 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties (1,382,480) in the U.S. sitting vacant in Q2, 2025. That figure represents 1.3% of all homes across the nation – roughly the same as Q1. ATTOM […]
Foreclosure activity has increased by 13.9% compared to the previous year.
ATTOM’s April 2025 U.S. Foreclosure Market Report According to ATTOM’s April 2025 U.S. Foreclosure Market Report, there were a total of 26,033 U.S. properties with foreclosure filings in April. This figure is up 0.4% from March and up 13.9% from a year ago. In addition, lenders repossessed 3,580 properties as REOs in April – up […]
FHA Reverses Foreclosure Rule Implemented During Biden Administration
Kathy Fettke Discusses HUD and FHA Policy Rollback on Foreclosures On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how HUD and the FHA are walking back a Biden-era policy on foreclosures that gave nonprofits and government agencies first access to buy distressed properties. She breaks down what this rollback means […]
Foreclosure activity saw an increase in the month of October.
ATTOM’s October 2024 U.S. Foreclosure Market Report According to ATTOM’s October 2024 U.S. Foreclosure Market Report, there were a total of 30,784 U.S. properties with foreclosure filings. This figure is 4% higher than September and 11% lower than one year ago. Across the country, one out of every 4,578 housing units had a foreclosure filing […]
Decrease in Zombie Foreclosures – Real Estate Investment News
ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report According to ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties in the U.S. sitting vacant in Q4. That figure represents 1.3%, or one in 77 homes, across the nation – roughly the same as in the […]
The Pacific Legal Foundation is seeking a review by Michigan’s Supreme Court of an unconstitutional tax foreclosure scheme.
The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her […]
August 2024 Mortgage Market Update
According to the most recent ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies saw a significant spike in June, increasing by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, the number of loans in active foreclosure reached the lowest point since the end of COVID-era moratoria. The ICE Mortgage […]
Foreclosure Activity Up in May
[ad_1] According to ATTOM Data’s May 2024 U.S. Foreclosure Market Report, there were 32,621 U.S. properties with foreclosure filings in May. This is a 3% increase from the previous month but a 7% decrease from the previous year. The data shows that one in every 4,320 housing units nationally had a foreclosure filing in May. […]
ICE Mortgage Monitor – June 2024
According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.09% in April, a 22 basis point improvement over last year. In addition, they report that delinquencies fell to their lowest level since the record low of March 2023. The ICE Mortgage Monitor provides a view of the current […]