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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

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

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

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

City Makes Its Move As Foreclosure Investment Remains Slow - 0 views

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    Foreclosure investment is a way to get rid of distressed properties in neighborhoods. In Indiana, local officials are not waiting for investments to pick up.
James Foxx

Extra Funds for Rehab of Foreclosed and Bankruptcy Sale Listings Homes - 0 views

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    Bankruptcy sale listings homes and empty distressed properties needing attention have enough funds in Minneapolis. Some of it will be used on other projects.
James Foxx

Sellers Seek High Prices for Foreclosed Condos and Distressed Homes - 0 views

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    Foreclosed condos and homes are still being sold at prices higher than what the market can afford. Analysts stated that the right price is the key to selling.
James Foxx

Pre Foreclosure Properties Held Back Home Construction - 0 views

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    Pre foreclosure properties and distressed homes continue to hinder home building activities in Indianapolis. Construction permits fell in the area in February.
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

Market for New Houses Expected to Challenge Foreclosure Homes for Sale - 0 views

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    Foreclosure homes for sale are expected to get tough competition from new homes this coming spring. Realtors expect demand for new houses to pick up in spring.
James Foxx

Huge Discounts Offered for Foreclosure Homes for Sale - 0 views

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    In 2010, buyers of foreclosure homes for sale enjoyed as much as 28 percent discount. This could mean further decline in home prices as supply of repos grows.
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

Housing Prices Almost Like Offering Free Foreclosed Homes for Sale - 0 views

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    Free foreclosed homes for sale are dominating the U.S. housing market. Properties are not really for free, but the low prices make them seem like giveaways.
James Foxx

Bank Foreclosed House for Sale Owners Call for Legislative Actions - 0 views

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    In Utah, owners of bank foreclosed house for sale called on the state Legislature to take further actions on foreclosures. They are being aided by advocacy groups.
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

Foreclosure Homes List Accounts for Almost Half of Arizona Sales - 0 views

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    Foreclosure homes list properties accounted for almost half of the homes sold in Arizona in 2010. The state was second nationwide in terms of foreclosure sales.
James Foxx

Auction Home Foreclosures Affect House Construction Activities - 0 views

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    Auction home foreclosures were blamed for the downturn in the home building market of Connecticut. Permits issued last December declined from one year ago.
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