Foreclosures

Houston's housing market will be in recovery mode for a while following epic floods from Hurricane Harvey.

Mortgage delinquencies in areas affected by Hurricane Harvey last month were 16% higher than in July, according to Black Knight Financial Services.

The home foreclosure rate in the Greensboro-High Point, N.C., region is so low that it's not considered a threat to the area's economy.

The rise in foreclosure filings for August over July was more than double the historic increase between these two months, said Attom Data Solutions.

New York City is working to create a database and system for tracking vacant and abandoned properties — though officials acknowledge Staten Islanders may not see the effects of the endeavor for years.

Rick Felix paid $200,000 for a four-bedroom, split-level foreclosed house in Ambler. He made the payment in cash without any option to inspect or even get a good look inside the place beforehand.

Alaska home prices dropped in early 2017 for the first time during the state's recession, but economists are uncertain whether the drop signals a new trend or if it's just an aberration prompted by the housing market's slow season.

There will be fewer mortgage loans going into default in the next year as home prices continue to rise and more people get jobs, CoreLogic said.

If Fannie Mae's clear-boarding requirements prove effective, New York may follow Ohio's lead and move forward with a bill requiring it to be used more broadly on zombie properties.

Over one-quarter of all mortgages in the areas affected by Hurricane Harvey are likely to become delinquent because of the storm, according to an analysis from Black Knight.