Archives For: Industry Updates

Foreclosure Rates are Surging: These 10 U.S. Cities are Where They’re Up the Most

The data team at Realtor.com has set out to find the cities that are experiencing high – and growing – percentages of foreclosure activity.

24 Jul 2023

Black Knight: “Seriously Delinquent Mortgages Hit Lowest Level Since 2006” in June

According to Black Knight’s First Look report, the percentage of delinquent loans decreased 2.8% year-over-year in June 2023.

21 Jul 2023

Land Banks May Soon Claim Blighted Properties

In the fight against blight, neglectful property owners in PA may soon feel more pressure to clean-up dilapidated properties or lose control to a land bank.

21 Jul 2023

Wilkinsburg Land Bank to Use More than $350K in Grant Funding for Revitalization Projects

The Wilkinsburg Land Bank is investing $350,000 to renovate blighted and abandoned buildings to help entice people to move back to the area.

20 Jul 2023

US House Proposal Would Send $7.9M to Mid-Michigan Blight, Parks, Transit Projects

A US House of Representative subcommittee recently advanced $7.9M for blight, parks, and transit projects in mid-Michigan.

17 Jul 2023

Baltimore’s Vacant Home Crisis: Committee Plans on Obtaining Billions to Combat Issue

A new initiative will bring together Baltimore leaders and faith organizations to help combat the city’s vacant home crisis.

16 Jul 2023

Park Forest and South Suburban Land Bank Working to Address Abandoned Homes

To reduce the number of abandoned homes, the Village of Park Forest added 31 houses to the South Suburban Land Bank and Development Authority inventory.

16 Jul 2023

Foreclosure Activity in First Half of 2023 Ticks Upwards Toward Pre-Covid Levels

ATTOM has released its Midyear 2023 U.S. Foreclosure Market Report, showing a 13% increase in foreclosure filings from one year ago.

13 Jul 2023

Marietta Committee Discusses Legislation that Could Prevent Blight

The Marietta Planning, Zoning, Annexation and Housing Committee is working to develop legislation to help prevent blight in the community.

12 Jul 2023

4 Vacant Grand Rapids Homes Could be Rehabilitated into Affordable Housing

4 vacant homes in Grand Rapids, MI would see new life under plans to rehabilitate them and offer them to families earning less than the median area income.

11 Jul 2023

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