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James Foxx

Measures in Preventing Foreclosure Suffer Along with Sales - 0 views

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    Programs for preventing foreclosure have been deemed unsuccessful in most areas of the U.S. In Indiana, sales of existing homes declined by more than 30% in October.
James Foxx

Repossessed Home Listing Gaining Ground Among Buyers - 0 views

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    Purchased contracts for foreclosed houses and properties in repossessed home listing rose in the U.S. in November 2010. The sales increase led analysts to be more optimistic about the market in 2011.
James Foxx

Home Brokers and Builders Maintain Negative Perception of Market - 0 views

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    Homebuilders and home brokers maintain their negative outlook for the housing market in New Jersey and the whole U.S. Builders are reportedly expecting a further slowdown during the holiday season.
James Foxx

After the Government Tax Credit, Another Foreclosure Lull Is Expected - 0 views

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    The U.S. government tax credit provided some market stability during the 2010 first half when home buying escalated as buyers take advantage of the offer. In New York, a new rule is expected to temporarily lower foreclosure numbers.
James Foxx

Bank and Government Foreclosure Properties Highest in California - 0 views

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    California leads the whole U.S. in terms of total number of bank and government foreclosure properties in 2010. Over half a million properties received a foreclosure filing in the state last year.
James Foxx

Foreclosure Homes for Sale Continue to Hold Homebuilders Back - 0 views

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    Foreclosure homes for sale continued to make life difficult for homebuilders in the U.S. last year. For 2011, analysts predict that it will be much the same.
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

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

Foreclosure Homes for Sale Set for a Considerable Increase in 2011 - 0 views

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    The number of foreclosure homes for sale in the U.S. is set to increase again in 2011 as foreclosure-related filings set a record last year. Almost 2.9 million households received filings in 2010.
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

Owners of Bank Foreclosure Homes Get Help from Local Counselors - 0 views

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    owners of bank foreclosure homes in Chattanooga are getting assistance from a local counseling program. The program is supported by U.S. federal government funds.
James Foxx

Supply of Unsold HUD Homes Remain High in New Jersey - 0 views

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    HUD homes and other residential properties that remain unsold are up in New Jersey. The state has one of the highest inventories of unsold houses in the U.S.
James Foxx

Sales for Tax Deeds and Foreclosures Take Almost 700 Days in Some Areas - 0 views

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    Some areas of the U.S. take longer than others in terms of conducting sales for tax deeds and foreclosed properties. In Florida, some metro areas take almost two years before getting foreclosures sold.
James Foxx

Foreclosed Single-Family Dwellings to Be Redeveloped in Township - 0 views

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    Several foreclosed single-family houses will be either redeveloped or demolished as part of a neighborhood revitalization effort in Leoni Township. The program is financed by U.S. federal funds.
James Foxx

Tax Credit Benefited Several California Areas - 0 views

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    The U.S. tax credit program might have provided more benefits than initially perceived. Several California areas posted huge decreases in foreclosure last year.
James Foxx

High Numbers of Handyman Special Homes Merit Aid - 0 views

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    Handyman Special homes and foreclosures remained at high levels in most Florida areas last year. This prompted the U.S. government to issue aid to the region.
James Foxx

Number of Bank Foreclosures Need to Decline for Home Market to Recover - 0 views

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    Bank foreclosures should diminish in number for housing prices to rise. It is necessary a price increase to herald a U.S. housing recovery.
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

Decrease Projected for Sales of Bank Foreclosure and Existing Houses - 0 views

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    Bank foreclosure houses and other previously owned dwellings are expected to record a decline for January 2011 in the U.S. Economists predict a drop of over 1%.
James Foxx

Rising Foreclosure Listings by State Not As Big a Problem in Milwaukee - 0 views

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    Foreclosure listings by state continue to rise in various U.S. areas. However, Wisconsin is doing relatively well as sales jumped last month in certain areas.
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