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James Foxx

Distressed Property Flipping Fights Neighborhood Blight in Illinois - 0 views

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    The government-supported distressed property flipping effort in several Illinois areas has picked up. The program was launched to prevent neighborhood blight among areas with high foreclosure levels.
James Foxx

Number of Distressed Properties in Washington Climbed in January - 0 views

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    Distressed properties and foreclosure numbers increased in Washington State for January 2011. The trend was in contrast with nationwide numbers for the month.
James Foxx

Foreclosures and Distressed Listings Drive Demand for Rentals - 0 views

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    As distressed listings and foreclosed property numbers rise, more people are renting. The trend has benefited apartment builders, including those in Seattle.
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

Spring Might Prove Daunting for Investors Who Flip Distressed Houses - 0 views

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    Those who flip distressed houses or sell residential properties are expected to find spring a challenging period. Analysts are expecting sales to be slow.
James Foxx

Foreclosure and Distressed REO Numbers Expected to Rise in New York - 0 views

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    Distressed REO and foreclosure numbers are expected to rise in New York in the coming months. Housing advocates are lobbying for more state government support.
James Foxx

Previously Owned and Distressed Properties Listings Gain Interest - 0 views

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    Distressed properties listings and previously-owned residences gained the interest of buyers in February 2011. Pending sales involving these properties went up.
James Foxx

Median Prices of Existing and Distressed Condos for Sale Drop - 0 views

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    The sluggish winter sales activity resulted to the decline of median prices for existing and distressed condos for sale. Overall sales also plunged in February.
James Foxx

REO Homes and Distressed Houses Expected to Decline in Allen County - 0 views

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    The number of REO homes, foreclosed dwellings, and distressed residential properties is expected to decline in Allen County in 2011. The prediction signals an improvement in the market, analysts stated.
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.
James Foxx

Distressed Homes and Bank Owned Land Foreclosures Drag Prices Down - 0 views

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    Bank owned land foreclosures and distressed homes continue to drag housing prices down in Philadelphia. Sales of existing dwellings were also down in February.
James Foxx

Impact of Bank and VA Foreclosures Still Heavily Felt in Minnesota - 0 views

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    VA foreclosures and distressed homes continue to impact the overall economy of Minnesota. Analysts reported that the state's housing market is still distressed.
Lisa Smith

Auctions are a Popular Route for Banks to Unload Distressed Commercial Assets - Auction... - 0 views

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    As the fallout from the Great Recession continues, auctions are becoming an increasingly popular route for lenders to unload distressed commercial properties.
James Foxx

Residential and Commercial Foreclosures Hammer Home Building Market - 0 views

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    Commercial foreclosures and distressed homes both contributed to the home building downturn in Denver. Home construction was up in 2010, but remained poor.
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

Restoration Targets Listings of Short Sales and Distressed Homes - 0 views

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    Listings of short sales and foreclosures are providing Michigan with homes to restore. The state is using NSP funds to rehabilitate and sell distressed houses.
James Foxx

Tax Cuts Try to Battle Impact of Foreclosed Homes and Condos for Sale - 0 views

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    Foreclosed condos for sale and distressed houses lessen a state's chances of attracting companies. Some states are relying on tax breaks to improve employment.
James Foxx

More Investors Showed Interest in Foreclosures for Sale in March - 0 views

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    Foreclosures for sale and low-priced distressed properties are attracting rising number of investors. In the first week of March, mortgage applications surged.
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

Sales of Foreclosed VA Homes and Distressed Houses Rise in Georgia - 0 views

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    Foreclosed VA homes and other residential property sales have risen in some areas of Georgia. Stephens County is reportedly one area experiencing a surge.
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