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Distressed Sales to Remain Elevated until 2017

by devteam July 10th, 2015

While the share of home sales accounted for by distressed properties continues to drift lower, only two states are approaching what could be considered normal levels. CoreLogic said on Thursday that sales of lender-owned real estate (REO) and short sales

HUD Offers New Tools for Fair Housing Compliance

by devteam July 10th, 2015

The Department of Housing and Urban Development (HUD) has announced a final rule to help communities that receive HUD funds meet their fair housing obligations in their use. While the HUD rule has been under consideration for several years, the timing

Buying Cheaper than Renting in two-thirds of Major Counties

by devteam July 9th, 2015

Payments on a mortgage used to purchase a three-bedroom home were more affordable than paying rent on a similar home in 66 percent of the counties recently analyzed by RealtyTrac. The company, which looked at data in 285 U.S. counties found that buying

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