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James Foxx

Demand for Government Foreclosure Homes for Sale Still Low - 0 views

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    Government foreclosure homes for sale, new houses and commercial real estate are still experiencing low demand. Economists predict that the trend will continue.
James Foxx

Rentals Thrive Despite Competition from Cheap Repossession Houses - 0 views

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    Repossession houses are still plenty in most South Carolina areas and are still being sold at heavily discounted rates. However, most people are still renting.
James Foxx

Foreclosures and Bankruptcy Auctions Highest in Certain SC Areas - 0 views

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    Bankruptcy auctions and foreclosures are more likely to happen in some South Carolina areas than in others. Attention is needed in such areas, analysts claimed.
James Foxx

Sheriff Auctions and Foreclosure Filings Decline in South Carolina - 0 views

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    Sheriff auctions and foreclosure-related actions decreased in South Carolina in February 2011. However, analysts remain reluctant to declare a market recovery.
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

Vacant Beach Houses Not Due to Notice of Default Increases - 0 views

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    Notice of default is quite uncommon in coastal areas of North Carolina. Analysts stated that the areas are not suffering from foreclosures despite vacancies.
James Foxx

Interest in Pre Foreclosure Listings Wanes, Apartment Market Thrives - 0 views

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    Pre foreclosure listings have taken a back seat to apartment properties. In Myrtle Beach, more people prefer to rent than purchase low-priced foreclosed homes.
James Foxx

Home and Land Foreclosure Listings Impact Property Sales - 0 views

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    Land foreclosure listings and foreclosed houses made a huge impact on property sales last year. In Mecklenburg, over 15% of total homes sold were foreclosed.
James Foxx

Federal National Mortgage Association Foreclosures Hurt Businesses - 0 views

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    Federal National Mortgage Association foreclosures and other types of foreclosures are affecting small businesses. In Myrtle Beach, local firms are concerned.
James Foxx

Despite Many Lis Pendens Foreclosures, Affordable Housing Needs Rise - 0 views

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    Lis pendens foreclosures are sold cheaply, but people are still unable to afford them. Myrtle Beach launched an affordable housing program to assist residents.
James Foxx

Foreclosed Duplex Homes for Sale Expected to Rise in County in 2011 - 0 views

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    Foreclosed duplex homes for sale and distressed homes are projected to rise in Cleveland County in 2011. Underwater loans are the reason for the projection.
James Foxx

Rate of Foreclosures and VA Home Listings Grew Rapidly in SC Last Year - 0 views

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    VA home listings and foreclosure rates in some areas of South Carolina grew rapidly in 2010. Analysts stated that unemployment is starting to hit the state.
James Foxx

Bank Owned Rental Homes Challenge Condo and Rental Housing Market - 0 views

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    Bank owned rental homes increased in number in some areas of North Carolina in the past few years. The rentals are challenging condos for a share of the market.
James Foxx

Prices of Properties at Bank Home Auctions Dropped to Historic Lows - 0 views

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    Bank home auctions and residential property sales recorded their lowest price levels last year. Several cities in the U.S. hit their lowest points in 2010.
James Foxx

Prices of Properties at Sheriff Sales and Auctions Continue to Decline - 0 views

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    Sheriff sales and auction properties in some North Carolina areas are getting hit by another wave of price declines. The decline was attributed to job losses.
James Foxx

Foreclosed Residential and Farm Properties for Sale Up Slightly in SC - 0 views

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    Farm properties for sale and foreclosed houses numbers increased slightly in some areas of South Carolina in 2010. However, foreclosure rate remained below 3%.
James Foxx

Federal Tax Credit Failed to Prevent Full-Year Foreclosure Increase - 0 views

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    Despite the federal tax credit, full-year foreclosure data in South Carolina showed an increase of over 30% in 2010. The state was ranked inside the top 20 among U.S. states in terms of foreclosure.
James Foxx

Foreclosed Fixer Upper Houses, Distressed Homes Highest in Guilford - 0 views

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    The county of Guilford recorded the highest number of foreclosures, including foreclosed fixer upper houses, in the North Carolina Triad last year. The county's foreclosure rate in 2010 was one in 53.
James Foxx

Sales of Real Estate Owned Homes Remain Strong in Fayetteville - 0 views

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    The housing market of Fayetteville performed better than most U.S. markets, according to economists. Sales of real estate owned homes and other dwellings remain strong in the area despite the crisis.
James Foxx

Sales of REO Homes and Other Residential Properties Up in SC in 2010 - 0 views

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    Housing unit sales, including REO homes, increased in South Carolina in 2010 over the previous year. This marked the first time that sales in the state posted an increase in the past four years.
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