Real Estate Investing Facts

Distressed Foreclosure News

'Distressed' home listings on the rise in Irvine

As of September 2, there were 864 active homes for sale in Irvine, with an expected market time of 4.3 months, according to a biweekly report done by Steven Thomas of Altera Real Estate. That’s a benchmark tracking how many months it...

Huge Block of Distressed Homes Goes Back on The Market in Mexico

Los Angeles-based Lucent Capital will manage the sale of 2,000 single-family homes that have been divided into seven asset pools.

City, county to receive federal funding to fight foreclosure

Bakersfield and Kern County government will receive millions of dollars in federal funding to address problems stemming from foreclosure, the U.S. Department of Housing and Urban Development announced Wednesday.

Administration pushes anti-foreclosure efforts

WASHINGTON -- The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

Obama administration awards additional $5,000,000 to stabilize Arkansas neighborhoods hard-hit by foreclosure

U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $5 million in funding to Arkansas communities struggling to reverse the effects of the foreclosure crisis.