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James Foxx

Bank Foreclosures Declined in Southeastern Massachusetts - 0 views

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    Bank foreclosures dipped in the region of Southeastern Massachusetts in February 2011. Analysts stated though, that it is still too early to expect a recovery.
James Foxx

Rising Bank and Federal Foreclosed Homes Irked Florida Judges - 0 views

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    Federal foreclosed homes and bank foreclosures continue to rise in Florida. A number of cases reportedly involve faulty documents which angered state judges.
James Foxx

Low Mortgage Rates and Declining Home Prices Make Home Buying Ideal - 0 views

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    Mortgage rates have remained low in the U.S., while home prices continue to decline in most markets. The trends are good news for homebuyers, analysts stated.
James Foxx

Bank Foreclosures Held Back Home Construction in St. Louis - 0 views

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    Bank foreclosures continue to dominate the home selling market of St. Louis. Analysts stated that they are preventing the home construction market from growing.
James Foxx

Oversupply of Home and Land Foreclosures for Sale Hurt Home building - 0 views

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    Land foreclosures for sale and foreclosed residential properties continue to edge out new homes. The drop in nationwide housing starts was heavily felt in Utah.
James Foxx

Bank Foreclosures Account for a Huge Part of Phoenix's February Sales - 0 views

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    In February, bank foreclosures and distressed houses accounted for a large percentage of home sales in Phoenix. Over 3,600 foreclosures were sold for the month.
James Foxx

Sales of Foreclosed Bank and Government Houses Fell in Colorado - 0 views

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    In January 2011, distressed government houses and bank foreclosure sales fell in Colorado. Despite the decline, analysts stated that the crisis is not yet over.
James Foxx

Foreclosure Tax Deed Sales Worry Housing Analysts - 0 views

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    Foreclosure tax deed sales and low number of housing units sold are threatening the Virginia housing market. Analysts stated that the recovery could stall.
James Foxx

Foreclosed Property Listings Compete with Rental Market - 0 views

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    Foreclosed property listings do not have non-foreclosed houses as their primary competitors anymore. The rental market is taking buyers away from house sellers.
James Foxx

Sheriff Auctions and Foreclosures Rise in Missouri and Kansas - 0 views

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    Sheriff auctions and foreclosure numbers rose in both Missouri and Kansas in February 2011. The two states posted increases while nationwide figures decline.
James Foxx

Confidence Over Investing in Bank Foreclosed Properties Improves - 0 views

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    Investing in bank foreclosed properties has become more attractive. A survey showed that almost 70% of respondents believe that housing values are rebounding.
James Foxx

Bank and FHA Foreclosures - Part of the Reason for Population Decline - 0 views

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    FHA foreclosures and bank foreclosed properties have been partly blamed for the decline in Cleveland's population. The city has gone below the 400,000 mark.
James Foxx

Number of Foreclosures and HUD Repo Homes at Risk of Rising Further - 0 views

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    HUD repo homes and bank foreclosure numbers in Tampa are likely to increase again as underwater mortgages rise. Almost 50% of loans are underwater in the area.
James Foxx

Military Homeowners with Lis Pendens Foreclosure Problems Get Help - 0 views

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    The lis pendens foreclosure problems of U.S. military homeowners are being addressed by Bank of America. The bank has launched several programs for soldiers.
James Foxx

Omaha Market Considered Strong Despite Bank Foreclosures Short Sales - 0 views

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    Bank foreclosures short sales and other types of houses posted higher sales in Omaha in 2010. For the current year, analysts are expecting more improvements.
James Foxx

Bank Foreclosed Homes Buyers Find Home Equity Loan a Challenge - 0 views

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    Bank foreclosed homes buyers trying to secure a home equity loan will face various hurdles. Analysts have asserted that not a lot of applicants get approved.
James Foxx

Problem Properties Might Swell Number of Bank and FHA Foreclosures - 0 views

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    FHA foreclosures and bank foreclosure numbers in Illinois might increase in the coming months. A proposal to use foreclosure as punishment has been put forward.
James Foxx

Bank Owned Homes for Sale Expected to Influence Subdivision Project - 0 views

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    Bank owned homes for sale remain high in Michigan, causing analysts to question the soundness of new subdivisions. In Flint, an old one is set to be restarted.
James Foxx

Residential Foreclosures Hit a Snag in Philadelphia - 0 views

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    Some residential foreclosures hit a snag in Philadelphia. Authorities implemented a moratorium on sheriff's sales, preventing lenders from foreclosing.
James Foxx

Las Vegas Existing and Distressed Properties Sales Drop - 0 views

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    Sales of distressed properties and other existing homes for sale declined slightly in Las Vegas in January. Meanwhile, new home prices climb up.
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