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 Foreclosure Activity Up 115% From Year Ago A total of 243,947 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during the month, up 36 percent from the previous month and up 115 percent from August 2006. This is the highest number of foreclosure filings in a single month that RealtyTrac has reported since it began issuing the monthly report in January 2005. The national foreclosure rate of one foreclosure filing for every 510 households for the month is also the highest figure ever issued in the report. VIEW FULL STORY | ||
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Return of the REO Auction The comeback of auctions as a vehicle of choice for lenders to sell off their growing inventory of Real Estate Owned properties could be a good omen for real estate investors interested in finding bargains in the foreclosure market. VIEW FULL STORY  More Than Just "I" in Investing Much of foreclosure investing is about individual ambition and effort. But investors can't afford to do everything themselves on every deal. To ensure long-term success, investors must be willing to rely on a diverse team of professionals and contractors ... VIEW FULL STORY Top 10 Foreclosure Opportunities Many prospective homebuyers and real estate investors see the current housing market as a prime opportunity to find foreclosure bargains. But many are gun-shy about jumping into the market before it hits bottom - a concern that can be mitigated by investing in fundamentally sound housing markets. VIEW FULL STORY MORE ARTICLES |
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