Morgan Stanley: Shadow inventory sheared 35% from peak
Morgan Stanley: Shadow inventory sheared 35% from peak By Jon Prior, HousingWire, July 26, 2012 The shadow inventory of homes likely to be sold after foreclosure declined by 35% since the peak reached two years ago, according to Morgan Stanley researchers...(read more)
Foreclosure Filings Increase in 60% of Large U.S. Cities
Foreclosure Filings Increase in 60% of Large U.S. Cities By Dan Levy, BloombergBusinessweek, July 26, 2012 Foreclosure filings rose in almost 60 percent of large U.S. cities in the first half of 2012, indicating many areas will have more distressed homes...(read more)
Foreclosed homes: Now, they're hot properties
Foreclosed homes: Now, they're hot properties By Meredith Bennett-Smith, Christian Science Monitor, July 23, 2012 Earlier this month, David Welch, a veteran RE/MAX real estate agent, took a young couple to tour a house in the Orlando, Fla., area....(read more)