Among the four regions, three recorded annual increases: The Northeast PHSI rose 1.3 percent to 92.9, the Midwest index took a 7.3 percent ascent to 105.3 and the South rose with an 8.7 percent climb to 129.4. Only the West tracked a decline, dropping 1.1 percent to 92.6–although NAR noted it was 5.5 percent higher from a year ago.
LegalShield points to rising homeowner distress following the expiration of pandemic-era FHA relief programs
Foreclosure inquiries rose for the third straight quarter to their highest level since March 2020, according to LegalShield. The company tracks homeowners seeking legal assistance before a foreclosure filing, acting as an early warning signal of a coming surge.Historically, ...
Borrowers can save remaining home equity after delinquent property taxes and fees are paid
Illinois has changed its property tax foreclosure system to require that surplus equity from a property sale be returned to the former owner after delinquent taxes, interest and fees are paid.Gov. JB Pritzker signed the legislation into law Friday, July 10. The measure was p...
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