Investors Outdo Banks Offloading Distressed Properties: Report

Investors Outdo Banks Offloading Distressed Properties: Report

Third-party investors are much faster at reselling foreclosures than banks, according to ForeclosureRadar, a California-based tracking firm.ForeclosureRadar keeps close tabs on foreclosure activity in states along the country’s western seaboard, and the company says one market dynamic that it’s found to be consistent throughout the area is that investors are moving foreclosed homes at a more rapid pace than lenders who take possession of REOs.Armed with this information, O’Toole takes issue with the government’s recent push to turn foreclosed homes into rental properties.


California Foreclosure Declines a Welcome Break
Foreclosure notices are up but foreclosure sales are down
California Foreclosure Activity Mixed
California Foreclosure Reports

California Foreclosure Activity Mixed


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