Archive for the ‘foreclosures’ Category


Foreclosure Activity Slows

Thursday, May 13th, 2010

According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010. 2 percent may not seem like much, but it’s the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.

FORECLOSURES — sounds like a great deal right?!?

Saturday, March 13th, 2010

FORECLOSURES —  sounds like a great deal right?!?  Well yes and no. Yes that generally you get much more of a house for a total price less than another house. No that not always is it better financially if you are concerned with out-of-pocket expense.
Many foreclosures are in such neglected condition that your out of [...]

Memphis Tops List for Real Estate Steals

Saturday, February 20th, 2010

US News and World Report just reported its 10 Cities for Real Estate Steals.   Memphis topped the list due to its low price-to-income ratio of 1.17 through the 3rd quarter of 2009.  This is a big drop from a high of 5 for Memphis.  The current numbers put Memphis significantly below its 15 year [...]