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CFPB Issues Guidance to Debt Collectors on Zombie Mortgages

CFPB Issues Guidance to Debt Collectors on Zombie Mortgages

by Phil Hall | Apr 26, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued guidance on debt collectors who threaten to foreclose on homes with mortgages past the statute of limitations, stating such actions could be in violation of the Fair Debt Collection Practices Act and its...
Rental Housing Prices Up in March

Rental Housing Prices Up in March

by Phil Hall | Apr 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rental housing prices across the U.S. were mostly higher last month, although California recorded its first year-over-year rent price declines in two years. According to the Realtor.com March Rental Report, 4 major metro markets saw year-over-year price declines,...
Case-Shiller: Home Prices Up in February

Case-Shiller: Home Prices Up in February

by Phil Hall | Apr 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from S&P CoreLogic Case-Shiller Indices showed a modest increase in home prices nationwide during February, although eight of the 20 major metro markets tracked by the indices reported lower prices. The S&P CoreLogic Case-Shiller U.S. National...
Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction

Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction

by Phil Hall | Apr 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Oklahoma is on track to hold its first online mortgage foreclosure sale. The Sheriff’s Office in Osage County has selected Bid4Assets, an online marketplace for distressed real estate auctions, to host the auction, which will be the first following the passage of a...
Florida Home Sales Down While Prices Remain Elevated

Florida Home Sales Down While Prices Remain Elevated

by Phil Hall | Apr 24, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s home sales dropped during March but prices continued to rise, according to new data from Florida Realtors. Last month ended with 26,161 closed sales of existing single-family homes, down 15% year-over-year, while the 11,188 condo-townhouse sales were 23.5%...
Home Construction Collective Launches Real Estate Investing Platform

Home Construction Collective Launches Real Estate Investing Platform

by Phil Hall | Apr 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home Construction Collective, a Florida-based real estate investment platform, announced its official launch and live investment opportunities. The company stated that its platform allows “accredited and non-U.S. investors to pool equity capital in new home...
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