It seems that the state of Florida has the largest shadow inventory of unsold bank owned properties. According to Bob Massey of REWealthCoach.com, the National Association of Realtors (NAR) has recently released its shadow inventory estimates. The report shows that the Sunshine State topped the list of places with the highest number of unsold REOs. The states of California and Illinois, on the other hand, followed in second and third places, respectively. What is the primary reason for the growth of shadow inventories in the country? Read Bob’s post to find out.

If you have just started wholesaling houses, which do you think is a better strategy: targeting private sellers or making offers on REOs? Steph Davis of FlipThisWholesaler.net provides an answer to this question in response to an inquiry raised by one her readers. According to her, the answer depends on your market. She says each strategy has its own pros and cons, which is why you have to study your options carefully. Watch Steph’s video and learn valuable tips on wholesaling private properties and bank owned homes.

If you want to invest in real estate, now is a good time to do so. According to Susan Lassiter-Lyons of TheInvestorInsights.com, buying investment properties from today’s market brings tons of benefits for real estate investors. Recent data have shown that home prices have declined in the fourth quarter of 2010 and more households have underwater mortgage. These means investors will have more opportunities to obtain affordable investment properties. Read the rest of Susan’s post to learn more.

Considering investing in multifamily bank owned homes? If you are, you might want to check out Susan Lassiter-Lyons’ latest post on TheInvestorInsights.com. In her newest blog entry, she provides nifty hints and tips on where to find multifamily reo buildings. She also explains when is the best time to check out HUD’s website for repossessed multifamily homes. Take a look at her post and discover valuable pointers on investing in REOs.

According to latest data from RealtyTRac, foreclosures jumped in 72% of metro areas in the U.S. last year. However, Cory Boatright of ShortSaleFundamentals.com says that despite the sizable increase, the rate of foreclosures in the ten worst-hit areas actually went down. This probably means that there are only a handful of people left to foreclose on, he adds. Take a look at Cory’s blog entry to read the rest of his article.

If you’re having a hard time getting your offers on REOs accepted, Mike Jacka has valuable information that you might find very useful. In his latest post on MikeJacka.com, he shares some tips that will end your frustrations whenever you’re making an offer to buy bank owned homes. Check out Mike’s newest blog entry and discover how you can improve the odds of getting your offers accepted.

Did you know that a bulk of foreclosures in the U.S. came from only five states? Citing data from Canadian rating service DBRS, Bob Massey of REWealthCoach.com reveals that 51% of U.S. foreclosures in 2010 occurred in Arizona, California, Florida, Illinois, and Michigan. He says about 1.5 million properties were repossessed in these states last year. Read on to learn more.

Move over brand-new homes because previously owned properties are making a huge comeback. According to Cory Boatright of ShortSaleFunamentals.com, a National Association of Realtors (NAR) reports showed that sales of pre-owned homes jumped by 12.3% in December to 5.28 million units. The increase was said to be the biggest in seven months. He says NAR is confident that this positive trend will continue this year. Read on to learn more.

It seems that it would take a long time before we see a decline in the number of distressed properties. Citing data from Lender Processing Services, Bob Massey of REWealthCoach.com reveals that the U.S. inventory of foreclosed properties is 7.7 times higher than the historic average. Recent reports also showed that the number of distressed properties have increased over the last five months. Read on to learn more.

With all the challenges that the housing market and the economy have faced this past year, it may not come as a surprise for some that at least 1 million families have lost their homes in 2010. According to Cory Boatright of ShortSaleFundamentals.com, 1,050,500 residential properties were repossessed last year, up by 14% from 2009. The increase was said to be the biggest since the government started keeping records. But despite of the negative impact of 2010’s foreclosure explosion, Cory believes that this presents a perfect opportunity for investors, particularly those who invest in short sales, to get back in the game. Why does he believe so? Read the rest of his post to find out.

After receiving a reprieve from having their properties taken over by banks and lenders during the holidays, homeowners facing foreclosures are in for another rollercoaster ride. According to Bob Massey of REWealthCoach.com, Fannie Mae and Freddie Mac have resumed evictions after freezing their foreclosure activities over the holidays. He says in the state of Oregon alone, about 100,000 homes are up for repossession this month. Read the rest of Bob’s post to learn more about this story.

Over the last few months, many market analysts and industry experts have predicted that there will be a considerable increase in the number of residential foreclosures in the near future. It seems that these predictions are set to happen this year. Citing data from CNBC, Susan Lassiter-Lyons of TheInvestorInsights.com reveals that the “biggest foreclosure dump in history” is about to happen in 2011. Check out her post to learn more.

A few days ago, Cory Boatright of ShortSaleFundamentals.com talked about the importance of setting “short sale resolutions” to help invigorate your short sale investing business this year. In his latest post, he says your first resolution is to look around in your neighborhood and “recognize a need.” According to him, this will enable you to find opportunities to generate income in your own backyard. Check out Cory’s post to read the rest of his article.