Foreclosures Record

County has record rate of foreclosuresForeclosures in Gila County declined sharply this year, but still account for 27 percent of property sales. Forced sales peaked in 2010 at 459, then dropped to 395 out of 1,120 property sales in 2011. That’s encouraging, except the share of foreclosures pursued to the bitter end — a forced sale — has actually increased. In 2010, 64 percent of foreclosures filed ended in the forced sale of the ...Payson Roundup - Feb 03 11:09am
Push to Avert Foreclosures Hits Court LogjamCourt hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information.New York Times - Feb 08 07:13am
Foreclosures Draw Private Equity InterestPrivate equity firms are jumping into distressed housing as the U.S. government plans to market 200,000 foreclosed homes as rentals to speed up the economic recovery.BusinessWeek - Feb 08 08:11am
Foreclosures Draw Private Equity as U.S. Rents HomesPrivate equity firms are jumpinginto distressed housing as the U.S. government plans to market200,000 foreclosed homes as rentals to speed up the economicrecovery. GTIS Partners will spend $1 billion by ...Bloomberg via Yahoo! Finance - Jan 31 07:01am

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