CoreLogic: Home prices rose an amazing 6.5% annually in June

CoreLogic: Home prices rose an amazing 6.5% annually in June

This marks 40 straight months of increases

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose
W S
Servicing / The Ticker

Foreclosures drop in Oregon as new rules take effect

foreclosure sign
KEYWORDS Foreclosure / Oregon
/ Print / Reprints /
| Share More
/ Text Size+

According to OregonLive, foreclosure filings tumbled in the state’s largest counties in September, which will likely be short-lived as lenders retool their responses to legal changes in the foreclosure process.

According to numbers compiled by Gorilla Capital, a Eugene company that buys and resells distressed properties, foreclosures in the state’s largest seven counties have fallen by 42 percent from a year ago and 80 percent from a month earlier month.

“I think it’s a temporary drop,” said Alan Brickley, an attorney and board member of the Oregon Land Title Association. “If you can’t start a foreclosure until you give notice at least 60 days before, then you can’t (start a foreclosure) in August and September.”

Source: OregonLive
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus