Jacksonville Real Estate Market

Jacksonville, Florida

Private Equity Readying a Run on Foreclosures

As the Obama administration and federal regulators work on a program to sell government-owned foreclosures to investors, private equity groups are stockpiling cash and buying foreclosed properties at auction.

Government Set to Sell Foreclosures in Bulk

The Obama Administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, are very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to adm…

Renter Nation Rages On As New Reality

Despite record low mortgage rates reported today and rising affordability in most U.S. housing markets, rent is the new reality for former home owners and new households alike.

Richard Cordray Appointment Could Play Big for Housing

Part of Richard Cordray’s job will be to increase oversight of mortgage brokers, which has already started with new underwriting standards mandated by the Dodd-Frank financial reform legislation.

Housing’s Huge Supply and Demand Imbalance

“Pent-up demand.” That is the rallying cry of the housing bulls, as they forecast the great recovery of 2012.

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