Foreclosures and Home Improvement

Louisville to transform offices into housing

Foreclosure Market

As a consequence of the pandemic, many cities in the state of Kentucky experienced a high percentage of vacant office buildings, and one of the hardest-hit was the city of Louisville. In the past, when a building had a high vacancy rate, investors would buy it to renovate and transform it into shopping centers. Now, […]

Interest rates drop in Des Moines

Des Moines - IA

To slightly alleviate the situation for multiple homeowners in the city of Des Moines, it is expected that the city will be able to count on another small percentage deduction in interest rates for the next month. Although this reduction will not only benefit existing homeowners, it could positively impact the real estate market and […]

Foreclosure for Homeowners in Birmingham Alabama

Alabama

In Birmingham, Alabama, something as simple as not mowing the lawn can lead to more than just a fine. City officials report that numerous homeowners are being flagged for having neglected lots and properties in poor condition. As a result, they are seeking approval for a new legislative proposal that would increase fines and repercussions, […]

Foreclosure: Albuquerque’s New Affordable Housing Initiative

Albuquerque - NM

The former SureStay Hotel, located near Lomas and Eubank and now owned by the city of Albuquerque, is being transformed into Los Altos Lofts, an affordable housing project that will allow many city residents to access more economical housing in a currently tight and low-demand market. Joseph Montoya, Deputy Director of the Albuquerque Department of […]