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Best Foreclosure Buy in UP!

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Unfortunately, this one didn’t last long, 1929 remodel in University Heights. On market 11 days, list price $605,000, on tax roles for $972,600.  And at $605,000, you can bet this was a multiple offer scenario. It’s pending, it’ll be interesting to see what it sells for, if it’s disclosed.  Missed this one? Don’t worry, there [...]

Foreclosure on Rheims

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This listing popped up last weekend on the MLS as a foreclosure – it’s been on the market for 8 days as such. Before then it was on the market for 721 days to be exact.  Started at $5,500,000 down to $3,895,000 now as a foreclosure the price has gone up again to $4,500,000.  This [...]

The Dallas Real Estate Foreclosure Report…you need to know…

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Since foreclosures are in many buyer preferences when searching for a home these days, I started posting the quarterly foreclosure report for our region. Just hot off the press from the Collin County Association of Realtors, you can download the pdf file on the left side bar under monthly market indicators. The take away is [...]

There Goes the Neighborhood – Luxury Foreclosure Finds

I was interviewed last week by people newspapers on foreclosures in the Park Cites and Preston Hollow.  We met at a million dollar foreclosure listing in Preston Hollow – a builder gone bust, here’s the article: Foreclosures on the Rise for an inside take on high end foreclosures. Since much of the market activity has [...]

Full Disclosure on Foreclosures – Q4 Results

As you know I post area sales data by month on the left sidebar.  This month also included a nice surprise, that is if you follow foreclosure activity.  It details how foreclosures have affected our area.  The detailed report is put together by the Collin County Realtors® Association, a big thank you. It’s no surprise [...]