An auction of foreclosed properties in Michigan ended with a single buyer.
Investors who have been avoiding real estate are getting back in, even embracing one of the tactics that got so many in trouble in the first place: flipping. As the housing crisis drags on and foreclosed properties continue to come onto the market, investors with cash are buying the homes, fixing them up and reselling,
Have a few ideas about how to solve the housing crisis you’re just dying to share with the people in charge? Step right up: The Federal Housing Finance Agency, or FHFA, is seeking input on creative solutions to get foreclosed homes off the market and has joined with the U.S. Department of Housing and Urban Development, or
There’s a new type of landlord in town. Instead of the typical mom or pop next-door who will come over to fix the leaking toilet at a moment’s notice, your rent collector could be someone you never meet: a faceless investment company in a town far, far away. There are a number of players snapping up