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Arizona Couple Sued for Running Foreclosure Rescue Schemes

Arizona Couple Sued for Running Foreclosure Rescue Schemes

by Phil Hall | Aug 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
Zombie Properties on the Rise

Zombie Properties on the Rise

by Phil Hall | Aug 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
Foreclosure Activity Up 13% Year-Over-Year

Foreclosure Activity Up 13% Year-Over-Year

by Phil Hall | Aug 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Hits and Misses for the Real Estate Week of July 14-18

Hits and Misses for the Real Estate Week of July 14-18

by Phil Hall | Jul 18, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 14-18. Miss: A Big Uh-Oh. A total of 187,659 residential...
Foreclosure Activity Rises During First Half of the Year

Foreclosure Activity Rises During First Half of the Year

by Phil Hall | Jul 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 187,659 residential properties carried foreclosure filings in the first six months of the year, according to new data from ATTOM. This represents a 5.8% increase from the same time-period in 2024 and up 1.1% from the same period in 2023. The states that...
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