Items Tagged with 'distressed properties'

ARTICLES

CoreLogic: Paying cash for houses lowest in nearly 10 years

Cash sales now on track to hit pre-crisis level in mid-2019
Last year, the share of homes bought with cash fell to the lowest level since 2007, a new report from CoreLogic showed. But that's not the only data point that fell to a nine-year low last year. For the full-year 2016, the distressed sales share was also the lowest annual distressed sales share since 2007.
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Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes
A new report from Clear Capital suggests that REOs and short sales may be on the rise again, what with the saturation of distressed properties on the rise, plus some other factors. Worried? Getting cash ready? Read on.
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Trial opens in $300M distressed property rehab fraud

Prosecutors: Couple took thousands of investors in Ponzi scheme
Authorities say a married couple oversaw and executed a $300 million fraud involving thousands of investors who were told they would get big profits by purchasing distressed properties in the Florida Keys that would be transformed into luxury vacation resorts.
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