Author Archives: Liz

Foreclosures reach lowest level since 2007

Posted on May 18, 2012 by Liz

There is finally good news in the housing market. Real estate research firm RealtyTrac reports that the number of default notices, scheduled auctions, and bank repossessions fell 5 percent from March to April of this year. The year over year numbers … Continue reading →

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Home prices up in half of the country

Posted on October 27, 2011 by Liz

According to the Standard & Poor’s/Case-Shiller index released Tuesday, home prices increased in August in half of the 20 metro areas covered by the survey.  This marks the fifth straight month that at least half the metro areas covered by … Continue reading →

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How not to invest in foreclosures

Posted on March 2, 2011 by Liz

Beckett Realty Group, a family owned company in Grand Rapids, Michigan, that attempted to capitalize on the Michigan foreclosure crisis, ran into cash flow problems when they were unable to unload enough of their property.  Now their properties are being … Continue reading →

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Tulsa Oklahoma Foreclosures Surge

Posted on February 22, 2011 by Liz

Tulsa Oklahoma now ranks as the city with the 6th highest rate of foreclosure growth. Currently, there are 3,375 Tulsa County foreclosure listings. That is properties in foreclosure, preforeclosure, bank owned or available at auction. The news for the Tulsa … Continue reading →

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Philly man forecloses on Wells Fargo

Posted on February 17, 2011 by Liz

In an an ironic twist, Patrick Rodgers, an independent music promoter in Philadelphia, has won a judgement against his lender, Wells Fargo. Rodgers, who was current on his 7 year old mortgage on a home he purchased for $180,000, was … Continue reading →

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