Regional Spotlight: New Jersey Takes Aim at Zombie Homes

The New Jersey housing market stands out for its high foreclosure rates, lengthy foreclosure timelines, and many abandoned properties; but now the state is making headlines for pioneering federal legislation aimed at preventing and reducing zombie homes.   High Foreclosure Rankings New Jersey ranks high on several foreclosure-related statistics in RealtyTrac’s latest foreclosure report. The [...]

New Faces—New Opportunities

Each month, the FORCE features some of its new members in its newsletter. Here are some of the agents we’ve recently welcomed to our network: Dru Ellender Coldwell Banker Gallerie Realty I am a broker/ owner of Gallerie Realty in Sulphur, Louisiana, graduated from McNeese State University in 1977 and began my real estate career [...]

USRES: A Name to Watch in the Mortgage Servicing Industry

Over the past year, United States Real Estate Services, Inc. (USRES) has nearly doubled its client base for origination services, with partial thanks going to the services offered by its subsidiary company, RES.NET. Through a recent partnership with Mercury Network, the company now offers a fully integrated system to manage vendor workflow processes in compliance [...]

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, [...]