Foreclosures and Home Improvement

Foreclosure Leads to Possible Sale of Former Clarion Property in Columbus, Ohio

Columbus - OH

After acquiring the property through a foreclosure sale nearly seven years ago, Columbus Regional Health (CRH) has reached a preliminary agreement with a developer to sell the former site of the Clarion Hotel and Conference Center on the west side of the city. According to CRH spokesperson Kelsey DeClue, the entity has signed a purchase […]

Bakersfield with a Trend of Increasing Apartment Sales

Bakersfield - CA

During the first months of the year, due to changes in the regulations governing sales commissions and the constant fluctuations in interest rates, the city of Bakersfield, California experienced a slow real estate market in both the rental and property purchase areas. Although the market for the apartment sector in Bakersfield is less dynamic, it […]

Ft. Lauderdale Office Tower Faces Foreclosure Auction

Florida

The One Financial Plaza office tower in Fort Lauderdale is heading to auction following a $64.2 million foreclosure judgment against its owner. Compass Bank secured the judgment against One Financial Center LLC, based on a $58.7 million loan, including interest and additional charges. The 273,000-square-foot office building, located on 4.1 acres at 100 S.E. Third […]

Increase in Foreclosures in Indianapolis

Foreclosure Market

With the end of COVID-19 foreclosure moratoriums, home auctions are rising again across the country. In September, there was an 18.4% increase in foreclosures in the United States compared to the previous year. Indiana is not exempt from this national trend, as the city is experiencing a similar pattern, with foreclosures becoming more frequent. Statewide, […]