Tag Archives: Distressed Properties

CoreLogic report shows healthy Denver home sale price increases

. Dennis Huspeni Reporter- Denver Business Journal Email  | Google+  | Twitter  | Real Deals blog Home sales prices continue to post double-digit year-over-year increases across the metro Denver market, according to a report Tuesday from CoreLogic Inc. In the Denver-Aurora metro area, … Continue reading

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Investors Pile Into Housing Even as Prices Rise

Los Angeles-based Colony Capital, which boasts approximately ten thousand single-family rental homes in its portfolio, had centered its investments largely in the Southwest and West, but is now shifting to other markets. (Read More: US Pending Home Sales Tick Upward … Continue reading

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Denver still a profitable market for property flippers

Denver ranked among the 25 most profitable markets last year for people flipping single-family homes, according to a report Thursday from Realty Trac. Denver investors flipped 3,842 single-family homes last year, a 7 percent increase from 2011. The average price … Continue reading

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Housing’s Spring Bloom ‘Stuck’ Due to Short Supply

“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading

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Number of homes in foreclosure down 21 percent in February

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Beyond the Numbers, Confidence Returns to Housing

While first-timers are getting more interested, current homeowners are getting less interested, according to the Campbell survey. Meanwhile investor interest in housing rose to a four-month high, accompanied by a rise in sales of distressed properties. Investors, who largely buy … Continue reading

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Housing Recovery Leaves Some Behind

To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading

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Here’s What Is Fueling the Housing Boom in Vegas

Investors swarmed into the Las Vegas market, much like they did in Phoenix, AZ, using all-cash private equity funds to buy distressed properties in bulk. As competition grew and supplies shrunk, prices took off. While still well below the peak, … Continue reading

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Home Buyers Are Back, but Where Are the Houses?

“Some listings are vanishing from a strategic decision of waiting for an even a higher price later. Some are due to few newly built homes available to trade-up to, hence some current existing home owners are unwilling to list. Some … Continue reading

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Foreclosure-Related Homes Still Driving Sales

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading

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