Pending home sales in Broward County, the county seat of Fort Lauderdale, rose 17% in August compared to August 2009, but were flat with July 2010 figures.
A joint venture between The Prado Group and Angelo, Gordon & Co. has acquired four multifamily buildings from a holding company of lender UBS.
Polk County, located in Central Florida with its largest city being Lakeland, will put its courthouse foreclosure auctions online beginning Sept. 21.
An unfinished high-rise condominium project in downtown Tempe may have a new lease on life.
The total bill for the homebuyer tax credit so far, as reported by the Internal Revenue Service, stands at $23.5 billion.
Mariner Real Estate Management (MREM), a real estate investment and management firm based in Kansas, closed a deal to acquire a $760 million portfolio of residential and commercial loans and REO properties from the Federal Deposit Insurance Corp. (FDIC).
The city of Phoenix launched a pilot program to step up code enforcement inspections of properties in danger of foreclosure or already repossessed as REO.
Vacant properties in Cleveland have remained unoccupied for an average of 954 days, more than eight times the average in 2006.
The nation has spent too little time on community problems that have arisen from the country’s housing crisis, the CEO of the Boston Federal Reserve said at a national summit about REO and vacant property issues.
Pending home sales rose 5.2% in July from the month earlier but are significantly lower than the year-ago period, although home “affordability could reach a generational high in the second half of this year.”
