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Highlights of RealtyTrac's Year-End Foreclosure Report for 2010

by Lisa Broadwater | Jan 15, 2011 | For Buyers, For Sellers, REO Info, Short Sale Info, Uncategorized

There were quite a few interesting tibits in RealtyTrac’s year-end 2010 U.S. Foreclosure Market Report, released Jan. 13. For starters, a record 2,871,891 U.S. properties received foreclosure filings in 2010. That figure shows an increase of nearly 2 percent from 2009...
Tumalo, Oregon Real Estate Market Report for October 2010

Tumalo, Oregon Real Estate Market Report for October 2010

by Lisa Broadwater | Nov 12, 2010 | About Tumalo, Oregon, For Buyers, For Sellers, REO Info, Short Sale Info, Tumalo Market Reports

Plenty of interesting twists in the Tumalo real estate market last month. After experiencing a sharp increase in September (from $650,000 to $699,000), the median sales price of Active listings in Tumalo decreased a bit in October, to $680,000. That’s still...

Considering purchasing an REO property? Read this first.

by Lisa Broadwater | Nov 4, 2010 | For Buyers, Homeowner Tips, REO Info, Uncategorized

Anyone who’s even thinking about buying a bank-owned property should read this  New York Times article detailing one woman’s quest to invest in a foreclosed home. It outlines in detail some of the many steps that buyers often skip but that should factor...

Distressed Market Update for Sisters, Oregon – Sept. 2010

by Lisa Broadwater | Sep 10, 2010 | About Sisters, Oregon, Area Market Reports, For Buyers, For Sellers, REO Info, Short Sale Info, Sisters Market Reports, Uncategorized

Unlike much of Central Oregon (where distressed properties comprise up to 30 percent of the active real estate market), traditional sales continue to dominate the Sisters real estate market. Here’s the latest breakdown, as of Sept. 10, 2010: Of the 226 Active...

Foreclosure Forum Scheduled in Bend

by Lisa Broadwater | May 10, 2010 | About Central Oregon, Central Oregon Events, For Sellers, REO Info, Short Sale Info, Uncategorized

Today,  the Oregon Housing and Community Services department begins hosting a series of public forums across the state designed to determine how best to provide assistance to Oregon homeowners facing foreclosure. Recently, the Obama administration announced that...

The Case of the Flooded Air Ducts & Other REO Property Inspection Horror Stories

by Lisa Broadwater | Apr 26, 2010 | For Buyers, For Sellers, Homeowner Tips, REO Info

When it comes to bank-owned properties, I’ve seen some pretty unbelievable things in the past year or so. There’s a reason these homes are called distressed properties: Oftentimes, either they’ve been left vacant for long periods of time, which...
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