Distressed Assets
This well is running dry for many distressed homeowners
Among loans originated in 2022 or later that have partial claims, 29% are underwater
Among loans originated in 2022 or later that have partial claims, 29% are underwater
Since the COVID-19 pandemic foreclosure moratorium lifted in January 2022, the higher the home equity, the lower chance that a foreclosure is completed — at
Rising hidden homeownership costs — namely homeowners insurance and property taxes — was identified as the top risk for potentially triggering higher mortgage delinquencies in
Distressed homeowners are more frequently falling out of the foreclosure process before an auction occurs in the post-COVID world. For those who cycle back in,
A year ago, Auction.com’s 2023 outlook for the distressed housing market called for 112,000 to 175,000 completed foreclosure auctions for the year, with a possibility
A vestige of emergency loss- prevention policies implemented during the COVID-19 pandemic have kept the U.S. foreclosure market funnel partially clogged. But many of the
An increasing number of local housing markets are shifting from being overvalued to having increased affordability and more purchase opportunities, according to real estate investors
Sellers of distressed property began to capitulate to the market on pricing in the fourth quarter of 2022, a positive sign moving forward for retail
Two converging trends could drive foreclosures in 2023. The first is a growing backlog of pandemic-era distressed properties that are no longer mitigated by foreclosure-protection
