Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'investor sales'

ARTICLES

Institutional investment in housing drops to 4-year low

Cash sales at 33.9%, institutional down to 4.3%
Trey Garrison
Institutional investors — entities that purchase at least 10 properties in a calendar year — accounted for just 4.3% of all sales of single family homes and condos in the second quarter, according to RealtyTrac’s third quarter 2014 report.
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Cash sales drop to lowest level since May 2010

Continues 18-month streak of year-over-year decreases
Ben Lane
May’s cash sales were down from April, when 36.9% of the sales were all-cash, and down from May 2013, when cash sales made up 37.4% of the total home sales, according to a new report from Corelogic.
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Where is all that investor and all-cash action?

The top housing markets where investors see profit
Trey Garrison
More than four in 10 residential property sales in the first quarter this year were all-cash sales, the highest level since RealtyTrac began tracking all-cash purchases in the first quarter of 2011.
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It’s official: The investors are back

Cash sales reach nearly 43% of all sales in 1st quarter
Ben Lane
“Strict lending standards combined with low inventory continue to give the advantage to investors and other cash buyers in this housing market,” said Daren Blomquist, vice president at RealtyTrac.
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Congressman fires up debate on REO-to-rental

Takano wants answers on potential risks
Trey Garrison
One of the early alarm-sounders on the rise of REO-to-rental is trying to fire up the discussion over what he sees as a potential threat to the housing market in the rise of investor-owned rental homes and the securitization of REO.
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Pending home sales down 10.5% from February 2013

Down 0.8% from January as investor sales dry up
Trey Garrison
Pending home sales fell for the eighth straight month, down 0.8% from the downwardly revised January report and down 10.5% from February 2013, according to the index from the National Association of Realtors.
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Institutional investor home buys hit 22-month low

Property investors still busy in select markets
Trey Garrison
All-cash sales accounted for 44.4% of all U.S. residential sales in January, the seventh consecutive month where all-cash sales have been above the 35% level. Cash sales are usually investor buyers, be they individuals, mom-and-pop investors, or institutional.
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