Tag Archives: foreclosure

Will new Obama program boost housing market, economy?

by Dan Rafter We’d all like to see fewer housing foreclosures. A lower number of foreclosures would provide an additional boost to the residential housing market. This would then provide a boost to the economy in general. And that, of … Continue reading

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RealtyTrac: Foreclosure activity rises in July, but still down from a year ago

by Dan Rafter RealtyTrac’s July 2013 foreclosure report showed that foreclosures still remained a significant part of the housing market. That’s not great news for the economy. But in better news, foreclosures at least fell on a year-to-year basis, showing … Continue reading

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Majority of housing markets worse off today than they were four years ago: RealtyTrac

It’s a popular question during presidential election season: Are you better off now than you were four years ago? If you asked this same question of the country’s homeowners, what response would you get? According to a recent study by … Continue reading

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Good news from RealtyTrac for a change: Foreclosures drop to five-year low in September

Commercial real estate pros received some good news from RealtyTrac — a rarity — when the online foreclosure company reported that U.S. foreclosure activity dropped to a five-year low in September. This is important for the commercial real estate industry: … Continue reading

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By promoting Hardest Hit Fund, Help Share the Word hopes to slow country’s foreclosure rate

Too many people are still losing their homes to foreclosure. According to the latest numbers from RealtyTrac, one in every 681 housing units received a foreclosure filing in August of 2012. And states in the Midwest are far from immune. … Continue reading

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A familiar story in St. Louis: More foreclosures means rising apartment rents

There are many reasons why the multi-family market in St. Louis is thriving these days. One of the biggest? The volatility of the housing market. That’s the thought, at least, from the researchers at Marcus & Millichap. The company recently … Continue reading

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Want to walk away from your mortgage loan? Jon Maddux will help

Jon Maddux helps homeowners walk away from their mortgage loans, even if they can afford to make their monthly payments. And he doesn’t feel guilty about it. “Who created the housing bubble? Wall Street and the banks,” Maddux said. “They … Continue reading

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