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James Foxx

Bank Owned Condo and Foreclosed Houses Lead to Rental Housing Growth - 0 views

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    As bank owned condo and foreclosed homes continue to rise, interest in rental homes also increases. In Denver, investors prepare for an apartment market boom.
James Foxx

Foreclosure Houses for Sale Popular Among Current Buyers - 0 views

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    Foreclosure houses for sale are popular among the current crop of homebuyers, realtors reported. However, most of them are looking for a well-maintained house.
James Foxx

Bank Owned Condominium Properties Looking More Attractive - 0 views

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    Bank owned condominium units might soon become attractive again. Rental rate increases are being predicted and renters are expected to look for alternatives.
James Foxx

Foreclosure Filings and Bank Owned Home Auction Properties Fell in SC - 0 views

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    Bank owned home auction properties and foreclosure-related filings declined in South Carolina in February 2011. The biggest drop was in Greenville metro area.
James Foxx

Realtors Favor Short Sales to Lower Bank REO Properties for Sale Totals - 0 views

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    Bank REO properties for sale and foreclosure numbers remain high in California. Realtors are promoting short sales in an effort to stop foreclosure increases.
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

Bank Owned REO and Foreclosure Numbers Rise in Alabama - 0 views

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    Bank owned REO and foreclosed property numbers jumped in Alabama in February 2011 compared with month-ago levels. The increase from January was more than 20%.
James Foxx

Number of Home Foreclosures for Sale Declined in the U.S. - 0 views

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    Home foreclosures for sale numbers in the U.S. dropped to their lowest points in three years last February 2011. The drop from a year ago was over a quarter.
James Foxx

Foreclosure Listing Prices Continue to Drop in Major U.S. Markets - 0 views

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    Foreclosure listing properties and non-foreclosed houses had become even more affordable in the U.S. However, not a lot of people are house shopping these days.
James Foxx

Interest in Residential Properties and Bank Owned Land Up in January - 0 views

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    Bank owned land and residential properties in Minneapolis are gaining the interest of buyers. Home pending sales were up in the area in January from a year ago.
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

Demand for Apartments and Bank Owned Rentals High in Salt Lake - 0 views

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    Bank owned rentals and apartments are in high demand in Salt Lake City. This has resulted in a number of properties getting converted into rental dwellings.
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

Cold Weather Kept Buyers of Bank Foreclosure Properties Indoors - 0 views

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    Bank foreclosure properties remain unsold in Missouri as potential buyers wait for the winter to end. Snow storms have reportedly put consumer spending on hold.
James Foxx

Families Face More Problems Other than Oversupply of Bank Owned Repos - 0 views

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    Bank owned repos depressing residential values are not the only problem for U.S. households. Housing costs are also taking a huge percentage of their income.
James Foxx

Pending Sales of Homes and Bank Owned Condos Dropped in Seattle - 0 views

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    Bank owned condos and housing unit pending sales declined in Seattle in January. However, realtors predict that residential sales will be higher this year.
James Foxx

Impact of Oversupply of Bank Foreclosure Homes for Sale Waning - 0 views

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    Bank foreclosure homes for sale numbers remain high in most U.S. areas, but analysts stated that housing is getting better. Prices are stabilizing in markets.
James Foxx

Homes at Bank Owned Auctions Posted higher Sales in Albuquerque - 0 views

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    Bank owned auctions and residential non-foreclosure sales recorded higher numbers in Albuquerque in January. However, prices of existing homes were down.
James Foxx

More Buyers of Bank Owned Homes Foreclosures Use Cash - 0 views

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    Bank owned homes foreclosures are increasingly getting purchased by all-cash home buyers. In California, the percentage of all-cash purchases rose to over 30%.
James Foxx

Sales of Bank Owned Residential Properties and Foreclosures Decline - 0 views

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    Bank owned residential properties and foreclosed property sales declined in Virginia last year. However, some counties are still mired in foreclosure problems.
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