Memphis is one of the top 10 major cites with the highest foreclosure rates for the second quarter in a row, according to recent data from RealtyTrac.
Source: www.bizjournals.com

Increasing number of local properties appearing at sales 
MUNCIE — About 20 people packed into the small outer lobby of the Delaware County sheriff’s office last Wednesday morning. They were polite but intent on the addresses being read by a sheriff’s employee.
Source: www.thestarpress.com

Bob Bruss: What to ask about fixer-uppers 
If you are a typical house or condo buyer, you probably want to purchase a new or resale residence in near-perfect, “model home,” move-in condition. That’s fine. But expect to pay full retail market value. If you want to profit from your home purchase, buy a house or condo needing profitable improvements. Extreme cases are called “fixer-uppers.” To be polite, some listing agents call them tired
Source: www.startribune.com