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Foreclosure filings dropped in November. Is market pressure finally easing up?

Housing Wire

But this decline may merely be a seasonal phenomenon, according to real estate data provider Attom. Foreclosure Market Report. Attom considered homes in default, auction and real estate-owned (REO) status along with foreclosures that were actually completed. On Tuesday, Attom released its November 2024 U.S.

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Foreclosure auction volume rises 19% after VA moratorium expires

Housing Wire

Foreclosure auction volume in the second quarter of 2025 increased 19% from the same period last year and reached a two-year high point, according to Auction.com ‘s newest Auction Market Dispatch report that was released on Tuesday. Now I have properties that are sitting with over two years on market. Existing homes have crashed.

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Foreclosure filings rose in October. Could this trend continue in 2025?

Housing Wire

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom , homebuyers may face more challenges heading into 2025. Foreclosure Market Report on Tuesday. Attom released its October 2024 U.S.

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FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

Department of Housing and Urban Development (HUD) real estate-owned ( REO ) properties for owner-occupant buyers, HUD-approved nonprofits and government entities from 15 to 30 days. Mortgagee Letter (ML) 2022-01 expanded the exclusive listing period for U.S. The agency will also be updating the relevant sections of the 4000.1

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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com. Real estate-owned ( REO ) auction activity, which involves properties that have reverted to lenders, also showed mixed signals.

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Home prices are higher than ever, but seller profits have slipped

Housing Wire

Profit margins dropped year over year in 123 markets, or nearly 79%. On a quarterly basis, margins increased in 77 markets. Markets that saw the largest year-over-year gains included Hilo, Hawaii (up to 65.7%); Kalamazoo, Michigan (69.3%); Flint, Michigan (69.7%); Trenton, New Jersey (81.4%); and Bridgeport, Connecticut (69%).

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Nevada Democrat calls on FHFA for transparency in home purchases by institutional investors

Housing Wire

Specifically, shes seeking information about participation of out-of-state corporate entities in post foreclosure dispositions of properties sold to third parties or real estate owned (REO) properties executed by Fannie Mae and Freddie Mac and steps taken by the [FHFA] to protect local homeowners.