Foreclosures and Home Improvement

The Atlanta City Council allocates $1.4 million for the rehabilitation of foreclosed properties and the construction of affordable housing

Atlanta - GA

The Atlanta City Council decided to allocate $1.4 million to the Metro Atlanta Land Bank (MALB) to prepare foreclosed properties for rehabilitation, focusing on affordable housing. The council approved this ordinance in line with Mayor Andre Dickens’ goal of creating or maintaining 20,000 affordable housing units by 2030. Land banks can own and manage real […]

Anchorage Facing Severe Affordable Housing Crisis

Alaska

For several years, Anchorage has been experiencing truly difficult economic conditions that are heavily impacting its population and real estate market, to the point that buying a property now is considered really unaffordable due to the high scarcity of housing. As the largest city in the state of Alaska, Anchorage is home to a large […]

Goldman Sachs to foreclose on $302 million loan in Washington, D.C.

Foreclosure Market

A major office building of more than half a million square feet in downtown Washington, D.C., is on the verge of a foreclosure auction. The alternate trustee of the $302 million loan, secured by Columbia Property Trust, filed a foreclosure notice and affidavit with the D.C. Recorder of Deeds on Tuesday. The lenders, a consortium […]

Honolulu Fears an Increase in Foreclosures

Foreclosure Market

Thousands of homeowners in the city of Honolulu are concerned about the new insurance payment notifications they have received. Shocked by the situation, they perceive how the insurance on their properties is increasing at the same time that the price of their homes is rising. These high prices are forcing homeowners to face a tough […]