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Banks are clearing out 'bottom-of-the-barrel homes.'
A new report says foreclosure filings fell to to approximately the level of 2006.
Vacant homes in foreclosure can drag down neighborhoods and home prices
Nearly half of states require that foreclosures go through court. That slower process means a backlog of foreclosures is coming to market.
Nearly half of people living in foreclosed homes are actually renters
Richmond, California is attempting to keep homeowners in their homes by using eminent domain to buy underwater mortgages, and the banks don't like it.
One Michigan mother describes the year she went "from broke to badass" on her northern Michigan farm.
The mobile home industry had its heyday 15 years ago. Since then, sales have fallen by about 90 percent.
Big investors have been snapping up foreclosed homes and turning them into rentals. Now some of those investors are hoping to capitalize on their distressed buys — and share the spoils with the general public — by going public.
Thankfully, it seems it's just a paperwork snafu.
