Foreclosure filings in 2023 saw a notable uptick, with real estate data analysis firm ATTOM reporting a 10 percent increase compared to the previous year. This surge, characterized by default notices, scheduled auctions, and bank repossessions, is viewed by experts as a correction in the housing market after years of post-COVID-19 volatility. Foreclosure Statistics According […]
Foreclosures and REOs
By Douglas Katz – 1/19/2023 Auction.com recently released a new report on foreclosures for 2023 and there is some great information that can help investors as they plan their strategy for the year. The report was created by polling a segment of Auction.com’s clients who provided their expectations. The news is generally positive for homeowners
By Douglas Katz – 12/02/2022 ATTOM has released 3rd quarter information on the most vulnerable housing markets and there are definitely some trends that should be of interest for investors. Their model uses data from foreclosures, employment and other economic data to determine which geographies are most at risk for price reductions and lower values.
By Douglas Katz – 11/15/2022 It is no secret to people in the industry. When real estate was really hot, the siren’s song of investment and flipping was pretty hard to resist. Many large players could not resist this and rushed headlong into the investment market to exploit the opportunity. The problem is that sometimes
By Doug Katz – 9/14/2022 The Calculated Risk Blog reported today on the outlook for delinquencies, foreclosures and REOs based on data from the second quarter of 2022. The verdict was that numbers more or less aligned with expectations and that a massive increase similar to the 2008 housing crash was unlikely. While this is