By Elias DaSilva | September 11, 2024. Foreclosure listings in cities across five states are rising, signaling a shift in the housing market landscape. In July, about 32,000 homes in the U.S. faced default notices, scheduled auctions, or bank repossessions, showing an 18% increase from June and a slight rise of 0.2% from the previous […]
By Elias DaSilva | September 11, 2024. The 24-story office tower at 600 B Street in downtown San Diego, owned by Rockwood Capital, is heading towards foreclosure as the property has an outstanding debt of over $83 million. This situation reflects a national crisis for downtown office spaces, exacerbated by ongoing closures during the pandemic […]
By Elias DaSilva | September 11, 2024. The real estate investment firm Tides Equities is in serious trouble right now as two more of its real estate investments in the Dallas-Fort Worth metropolitan area are scheduled to be auctioned in a new foreclosure, raising the total number of its properties affected by foreclosure or recovered […]
By Elias DaSilva | September 6, 2024. Beware of zombie mortgages: these unexpected, old debts that seem settled but suddenly resurface can lead to unwanted foreclosure listings with cities like Santa Maria. Homeowners like Jose Arzate in Santa Maria, CA, and Laverne Simmons in Inglewood, CA, faced substantial financial distress when second mortgages thought to […]
