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James Foxx

More People to Buy Distressed Multi Family Properties in California - 0 views

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    People who buy distressed multi family properties have increased in some areas of California as population rises. Several markets have recorded an increase.
James Foxx

Supply of Properties at Foreclosure Auctions Dipped - 0 views

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    Foreclosure auctions have declined somewhat in some areas of California. The percentage of homes for sale accounted for by foreclosed properties has dropped.
James Foxx

Bank Foreclosure Property Units Dominate Sales in California Markets - 0 views

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    Bank foreclosure property sales accounted for a huge percentage of residential sales in some areas of California. This prevented housing prices from improving.
James Foxx

Regular Homes and Bank Owned Residential Property Sales Down in CA - 0 views

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    Bank owned residential property sales declined in certain areas of California in February of this year. Prices of homes also dropped year-over-year in February.
James Foxx

Banks Slow to Approve Short Sales As Bank Owned Homes Continue to Rise - 0 views

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    Bank owned homes continue to rise in California, but an alternative to foreclosure is not getting support. Banks are said to be slow in approving short sales.
James Foxx

CA Home Sales Decline Despite Affordability of Bankruptcy Homes for Sale - 0 views

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    The relative affordability of bankruptcy homes for sale was not enough to attract home buyers in California. Home sales activity declined in February.
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 Bank and HUD Houses Outnumber Short Sales - 0 views

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    Foreclosed HUD houses and bank foreclosures outnumber short sales by a huge margin in California. Agents claim that banks are reluctant to approve short sales.
James Foxx

Commercial Foreclosed Properties Fail to Hinder Luxury Market - 0 views

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    Commercial foreclosed properties and distressed houses remain high in San Francisco. However, they failed to affect prices of luxury dwellings in the area.
James Foxx

Bank and Federal Home Loan Foreclosures Drag Homebuilding Down - 0 views

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    Federal home loan foreclosures and bank foreclosed properties continue to affect the homebuilding sector. In Sacramento, housing permits declined by nearly 70%.
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

Interest in Flipping Houses Revived by Increase in Bargain Properties - 0 views

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    Flipping houses might make a comeback in the San Francisco Bay Area as the number of bargain homes increases. Sales of luxury houses are down in the region.
James Foxx

Distressed Homes and Bank Owned Condo Foreclosures Changed City Life - 0 views

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    Bank owned condo foreclosures and foreclosed residential properties had precipitated lifestyle changes. In California, most communities have already adjusted.
James Foxx

Expensive Homes Gained Ground Over Foreclosed Home Listings - 0 views

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    Foreclosed home listings have taken a huge percentage of home sales in California in the past. Some areas, however, are posting higher sales in pricier segments.
James Foxx

Prices of New Homes and Houses in Bank Owned Property Listing Up in 2010 - 0 views

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    Bank owned property listing houses and non-foreclosed homes posted higher prices in some California areas. Despite the rise, 2011 is expected to be a struggle.
James Foxx

Foreclosed VA Homes for Sale and Bankruptcies Give City More Problems - 0 views

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    Foreclosed VA homes for sale and bank foreclosures continue to hammer California. Several cities in the state were considered less than ideal for residents.
James Foxx

More Homes and Condo Foreclosures, Higher Affordability - 0 views

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    The large volume of home and condo foreclosures is not entirely a bad thing. It has increased the percentage of California households which can afford a home.
James Foxx

More Buyers Expected to Purchase Bank Owned Repos in 2011 in California - 0 views

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    Contracts to purchase bank owned repos and other residential properties are expected to rise in California. For 2011, realtors predict more buying activities.
James Foxx

New Cases of California Bank Foreclosure Homes Fall in 4Q - 0 views

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    The number of bank foreclosure homes filings in California declined by 17.5 percent in 2010 compared to 2009. This means fewer homeowners were distressed.
James Foxx

Homeowners Affected by Bank Foreclosure List Problems to Receive Help - 0 views

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    Owners of bank foreclosure list homes and other troubled borrowers in San Diego will get help. Funds created by the Attorney General's Office will be issued.
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