Foreclosures and Home Improvement

Rising Foreclosure Listings Across the US: A Look at July 2024 Data

Foreclosure Market

This article focuses on the foreclosure trends revealed by ATTOM’s July 2024 U.S. Foreclosure Market Report. The report indicates a slight shift in the housing market, with foreclosure activity showing an increase.  Despite soaring home prices nationwide, foreclosure starts saw an 18% jump from the previous month, reaching 21,870 properties. Several states and metropolitan areas […]

A Real Estate Investor says the 1% Rule no longer applies, regardless of the Market.

Real Estate

By Elias DaSilva | August 30, 2024, 11:57 AM GMT+2 This 1% Rule is something that has disappeared,’ says John Smith, a veteran at closing deals under the 1% rule to acquire rental cash flows. However, Smith is still aligned with this strategy, even though it continues to change under current conditions, but with a […]

Home Sellers Feel the Squeeze as Buyers Gain the Upper Hand

Real Estate

By Elias DaSilva | August 30, 2024, 11:57 AM GMT+2 The U.S. housing market is changing in a way that is plausible to benefit potential homebuyers. As of July 2024, the report adds that nearly 18.9% of housing listings in the country experienced a price decrease, compared to 3.4% during the same period last year.  […]

Miami Foreclosure Trends

Miami - FL

Recent foreclosure-related developments in Miami provide insight into the current state of the real estate market in this region: Opa-Locka Apartment Complex Foreclosure: A significant foreclosure lawsuit has been filed against an apartment complex located in Opa-Locka, Miami-Dade County. The lawsuit, amounting to $2.7 million, was initiated by White Mountain Capital, highlighting the financial challenges […]