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Foreclosure Activity Down During First Half of the Year

Foreclosure Activity Down During First Half of the Year

by Phil Hall | Jul 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 177,431 properties carried foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first six months of this year, according to new data from ATTOM. This represents a 4.4% decline from the same time period one year ago,...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
Fewer Zombie Foreclosures in Q2 Housing Market

Fewer Zombie Foreclosures in Q2 Housing Market

by Phil Hall | May 30, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 1.3 million U.S. residential properties were vacant in the second quarter of this year, according to new data from ATTOM. This represents about 1.3%, or one in 79 homes, the same level as the first quarter. ATTOM also found 237,208 residential properties are...
Lender Seizes Foreclosed San Jose Office Property

Lender Seizes Foreclosed San Jose Office Property

by Phil Hall | May 28, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud

Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud

by Phil Hall | May 21, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The granddaughter of Elvis Presley is seeking to halt a foreclosure auction of the legendary singer’s Graceland estate, claiming the sale is based on fraudulent paperwork. According to combined media sources, Danielle Riley Keough was granted a temporary restraining...
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