Shadow inventory contracts as investors snap up foreclosures

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New twist to U.S. housing slump, renters wanted – “Unsold properties being turned into rental units are creating a shadow market that’s driving. Many houses that end up in foreclosure probably will be bought by investors who will rent them until.

Home sales hit 11-month high – “It seems that the housing sector may be slowly picking itself up off of the mat. finish working out kinks in the foreclosure process and push more homes onto the market. “That so-called shadow’.

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Bank of America Illegal Foreclosure Leads to $6 Million. –  · Erik and Renee Sundquist have won their eight year long battle with Bank of America illegally foreclosing on their home, reaching a $6M settlement. Oppenheim Law shares more here.

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Shadow Inventory Revisited: Silent Alt-A Mortgages, Southern. – This puts an exclamation mark on prime shadow inventory property. You have all. Some of it is being sold in bulk to investors in depressed markets. That part of. Most of these as we know will end up as foreclosures. A handful.. Buyers fever is controlling the market here,to snap up expiring tax credits.

3 Ways to Build Wealth by Investing in Real Estate Now – CREOnline – Investing in real estate is your best bet for building wealth.. “If I had a way of buying a couple hundred thousand single-family homes.. The $60,000 investment has now been used to pick up $40,000 of gross equity and.. What about the shadow inventory I've heard about that the Banks are sitting on ?

Home Prices Poised to Climb as Foreclosures Wane, Donovan Says – Housing prices will begin rising as the number of foreclosures declines, he said. “In the long run, it’s a good time to buy,” Donovan said. “It’s so affordable today compared to where it’s been for.

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short sales | janetweidmann – The shadow inventory is shrinking. As a residential real estate specialist here in Atlanta I personally see evidence of foreclosure homes being snapped up by the hearty investor appetite who are buying to hold and rent’. Trimmed inventories and backlogs of investors are further reducing the discount of foreclosures due to competition.