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Mapping Prosperity: The New Geography of the ‘Flyover’ States By Octavio Nuiry, Senior Staff Writer August 7, 2013 Detroit is bankrupt. Should Borrowers Fear Deficiency Judgments? By Peter Miller, Contributor August 6, 2013 There’s little doubt that foreclosure, short sale and REO numbers are down. Obama Urges Overhaul of Fannie and Freddie By Octavio Nuiry, Senior Staff Writer August 6, 2013 Almost five years after U.S. taxpayers bailed out Fannie Mae and Freddie Mac, President Barack Obama said Tuesday it is time for private investors to take a bigger role in the housing mortgage market. HAMP Hampered by Re-Defaults By Octavio Nuiry, Senior Staff Writer August 5, 2013 More than one-quarter of the mortgages modified under the Obama administration’s signature homeowner rescue effort have re-defaulted, and re-default rates are rising, according to a recent report. North Las Vegas Approves Eminent Domain Plan By Octavio Nuiry, Senior Staff Writer August 5, 2013 The city of North Las Vegas is desperate to fix its vast foreclosure problem and it approved a plan to use its power of eminent domain to refinance underwater mortgages. David M. Blitzer and Housing Booms and Busts By Octavio Nuiry, Senior Staff Writer July 25, 2013 In an article published in the June 2013 issue of the Foreclosure News Report — titled “The Housing Bubble: Black Swan or Ugly Duckling” — David M. Blitzer, explains that housing bubbles aren’t that rare nor are they uniquely an American event. Residential Sales, Median Price Up While Investor Purchases Decline in June By RealtyTrac Staff July 25, 2013 RealtyTrac's first-ever U.S. Residential Sales Report showed that residential sales at a pace of 5.3 million units sold on an annualized basis in June 2013, up 2 percent from May and up 8 percent from a year ago. Rehab Loans for Fixer-Uppers By Octavio Nuiry, Senior Staff Writer July 24, 2013 Homebuyers of dilapidated properties face two challenges that keep most buyers away: worrying about how to get a loan from tight-fisted lenders and fretting about how to pay for the rehab. California’s High Desert Real Estate Market By Octavio Nuiry, Senior Staff Writer July 24, 2013 I had the opportunity to present some of the latest California housing data to an engaging group of real estate investors attending the quarterly meeting of the High Desert Real Estate Investors Network in Palmdale, Calif. recently. Buying Beat-Up Foreclosures By Octavio Nuiry, Senior Staff Writer July 24, 2013 In the June 2013 issue of the Foreclosure News Report, we wrote an amazing story about “Buying Beat-Up Foreclosures.” We had the opportunity to interview Reggie Brooks, an expert on finding and fixing-up abandoned and beat up foreclosures. Print Email

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