REO to SFR: Not Such A Big Transition

For REO agents, business diversification is no new concept. As the housing market stabilizes, and REO numbers dwindle to less than 400,000 nationwide, agents are again looking for new outlets of income. Coming as no surprise to some, skyrocketing home prices joined with a struggling job market and new generation of homebuyers, has led to an exploding single-family rental sector. According to Pro Teck Valuation Services, [...]

Falling Oil Prices and Rising Foreclosures

The housing market in oil-heavy economies has felt some impact from falling oil prices and the market oversupply.   The number of properties with foreclosure filings at the end of 2015 was the lowest in nine years at 1.1 million, according to a recent report from RealtyTrac. However, while national foreclosures fell to a nine- [...]