Current News and Opinion

Will Chicago Be the Next Detroit? By Octavio Nuiry, Senior Staff Writer March 10, 2014 Last April, Rachel Shteir, a Chicago journalist and DePaul University professor writing in the New York Times Sunday Book Review, penned an essay hinting that the Windy City was on the road to Detroit. Where Wall Street is Most Likely to Be Your Landlord: Heat Map By Daren Blomquist, RealtyTrac Vice President March 4, 2014 Over the last three years these institutional investors have purchased more than 850,000 residential properties, representing 6.14 percent of all sales. This heat map shows where they have been the most active. Why FHA Mortgages Should Cost Less By Peter Miller, Contributor February 28, 2014 Federal Housing Administration (FHA) mortgages are a pillar of the lending system, but such loans cost too much and are too profitable according the Community Home Lenders Association. 10 Secrets to Landing a Foreclosure Bargain in 2014 By Daren Blomquist, RealtyTrac Vice President February 19, 2014 At the risk of sounding self-serving, we here at RealtyTrac earnestly contend that 2014 will represent one of the best years in recent memory for a low-risk, high-reward foreclosure purchase. Why Is Mortgage Demand Falling In 2014? By Peter Miller, Contributor February 17, 2014 By just about every measure the housing market is looking better — home values of the rising, new construction is on the increase and foreclosures are down. Will Shared Appreciation End The Foreclosure Crisis? By Peter Miller, Contributor February 13, 2014 Shared appreciation is an idea whose time may have come. Indeed, it may be the only way for the nation’s banks to avoid still-more losses, additional deficits that could total hundreds of billions of dollars. Top 20 Zip Codes for Flipping Homes to Hipsters By Daren Blomquist, RealtyTrac Vice President February 5, 2014 Hipsters have been accused of holding back a more robust housing recovery because of their low homeownership rates and lackluster household formation. $36 Million Las Vegas Foreclosure Hits the Auction Block By Octavio Nuiry, Senior Staff Writer February 5, 2014 A 53,000 square foot commercial property in Henderson, Nev. — located 2850 West Horizon Ridge Parkway — is slated for a foreclosure auction later this month, according to RealtyTrac. The Trillion-Dollar Battle For Higher Mortgage Rates By Peter Miller, Contributor February 3, 2014 If you’re a mortgage borrower your great goal in life is to get a lower rate. While 2012 saw the lowest mortgage rates in 65 years, 2013 and early 2014 have not been far off the mark. RealtyTrac: 2014 Housing Outlook, 4 Economists Chime In By Octavio Nuiry, Senior Staff Writer January 31, 2014 Four renowned economists — citing an improving economy and a rising home prices — expect price gains even as mortgage rates rise in 2014, according to a yearly survey by RealtyTrac. Print Email

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