May 10, 2012 Dennis Huspeni Driven by hot apartment-rental markets in Fort Collins and Denver, the overall vacancy rate for the state dropped to 5.2 percent in the first quarter, according to a state Division of Housing report released late Wednesday. That’s the lowest first-quarter vacancy rate since 2001. The rate also dropped from the… [Read More]
Americans brace for next foreclosure wave
Americans brace for next foreclosure wave April 4 2012 By Nick Carey Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. House sales are picking up across most of the country, the plunge in prices is slowing and attempts by lenders to… [Read More]
Fannie, Freddie Weigh Mortgage Write-Downs
Fannie, Freddie Weigh Mortgage Write-Downs By Chris Arnold April 11, 2012 Hundreds of thousands of homeowners facing foreclosure might get help by having the amount they owe reduced by Fannie Mae and Freddie Mac. This is a hot topic in Washington, D.C., with many Democrats pushing for these so-called “principal reductions” to try to help the… [Read More]
Hoping For Payout, Investors Become Landlords
Hoping For Payout, Investors Become Landlords By Chris Arnold April 16, 2012 The housing market has a new frontier — turning foreclosed homes into rental properties. Some big-time investors are starting to buy up thousands of homes to turn into rentals. That might help shore up home prices. But some housing advocates are nervous. For decades,… [Read More]
Housing downturn spurs a boom in foreclosure-to-rental conversions
Housing downturn spurs a boom in foreclosure-to-rental conversions By Brady Dennis Published: April 24 Gene Richards is a lifelong Vermonter, but on a recent weekday afternoon he found himself back on Florida’s west coast, scouting foreclosures to add to the collection of rental properties he has amassed in the wake of the housing crisis. “I just started… [Read More]