Zillow plans event to “hack” housing

Zillow plans event to “hack” housing

Offers $10,000 prize for creative solutions to jumpstart market

CFPB goes after Wells Fargo, JPMorgan for mortgage kickback scheme

Mega banks will pay $35.7 million total

Here are the hottest neighborhoods for 2015

This year it’s all about affordability
W S

Items Tagged with 'Foreclosures'

ARTICLES

Black Knight: Delinquencies drop 7% in December

Foreclosure starts jump 21% from November
Trey Garrison
Delinquencies dropped by 7.2% in December, bringing the national delinquency rate back under 6% and down to 5.6% for the month, and nearly 13% down from this time last year. Here's what's happening.
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One in five housing markets less affordable

Yet half still affordable by historic standards
Trey Garrison
Home prices are out of whack in fully 21% of housing markets, and RealtyTrac breaks it down to the county level to show where the danger zone is.
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Homeowners murdered while taking possession of Detroit foreclosure

Gunman kills father and daughter
Ben Lane
A Detroit man and his daughter died after they tried to take possession of a home he’d purchased at a foreclosure auction. A confrontation ensued after they arrived at the home to find the previous owners moving out and allegedly taking more than just their possessions.
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The 12 hottest housing markets right now

And the biggest losers in the price growth race
Trey Garrison
RealtyTrac’s data for October breaks out the housing markets with the most price gains, the ones that are slowing, and what’s happening with short sales and foreclosures. Where does your market fit in, and what does it mean?
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Black Knight: Mortgage delinquency rate drops to 7-year low

Loans in foreclosure also dropped to 6-year low
Ben Lane
The mortgage delinquency rate declined in October to a seven-year low, according to Black Knight Financial Services’ “First Look” at the October mortgage data. October also saw a rise in prepayments for the first time since July, which Black Knight said is “historically a good indicator of refinance activity.”
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Rising foreclosure activity validates housing market getting worse

"It's no great secret to how we can improve the economy"
Lynn Effinger
With Election Day behind us, you can count on seeing more and more media reports about rising foreclosures. We are watching very closely to see if actions will be taken by the government to improve the job market, by removing obstacles that have greatly hindered the private sector from bursting out of the malaise of the past six years.
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Florida man buys foreclosure, finds dead body inside

Presumed owner hadn’t been seen for three years
Ben Lane
William Wilson, of Cape Coral, Florida, purchased the home on SE 19th Lane at auction Tuesday for $96,000. When he arrived at the home Wednesday to inspect his purchase, he found the body thought to be the previous owner, a woman who had been missing since November 2011, in the master bedroom.
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$3.2 million deal for 6,000 Detroit foreclosures collapses

Local casino and real estate developer was to buy properties
Ben Lane
A deal between the City of Detroit and Herb Strather, a local casino and real estate developer, to buy more than 6,000 foreclosed homes in the city for nearly $3.2 million is dead.
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6 housing markets that haven’t recovered

California fills the list
Brena Swanson
Although it’s been eight to nine years since the housing recovery, not every market is recording strong growth, especially in Florida and California. Here are 6 former boomtowns that still have a long road ahead.
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$3.2M Detroit foreclosure mystery bidder revealed

Here are the plans going forward
Brena Swanson
The mystery buyer behind the purchase of more than 6,000 Detroit foreclosed homes was revealed on Tuesday. Here are his plans for what he hopes to do with it.
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