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James Foxx

Real Estate Owned Properties and Foreclosures Impact Construction - 0 views

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    Real estate owned properties and foreclosures continue to affect the construction market of Albuquerque. The metro area lost around 2,000 jobs in the past year.
James Foxx

Survey Finds Foreclosure Short Sales Need Improving - 0 views

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    Foreclosure short sales are still deemed too long by most parties, a survey has revealed. Majority of real estate agents believe that changes are needed.
James Foxx

Vandalism Prevalent Among Empty Foreclosed Bank Homes for Sale - 0 views

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    Empty bank homes for sale and foreclosed properties in Albuquerque are getting vandalized. According to local officials, the number of incidents has increased.
James Foxx

Military Homeowners with Lis Pendens Foreclosure Problems Get Help - 0 views

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    The lis pendens foreclosure problems of U.S. military homeowners are being addressed by Bank of America. The bank has launched several programs for soldiers.
James Foxx

Homes at Bank Owned Auctions Posted higher Sales in Albuquerque - 0 views

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    Bank owned auctions and residential non-foreclosure sales recorded higher numbers in Albuquerque in January. However, prices of existing homes were down.
James Foxx

Prices of REO Properties for Sale Up in 4Q - 0 views

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    REO properties for sale and other residential properties recorded higher selling prices in the fourth quarter in Albuquerque. Median price jumped by over 2%.
James Foxx

Prices of Distressed Properties for Sale and Houses Up in Albuquerque - 0 views

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    Residential distressed properties for sale and other types of homes posted higher prices in 2010 in Albuquerque. Prices jumped in 16 local markets last year.
James Foxx

Owners of Homes in Bankruptcy Go to Court - 0 views

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    Homes in bankruptcy and foreclosure owners have become more active in New Mexico. Most of them are reportedly going to court to fight for their properties.
James Foxx

Investors Flipping Houses and People Looking for Homes Push Sales Up - 0 views

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    Investors who are into flipping houses and families looking for residences contributed to the rise in existing home sales in Albuquerque in December 2010. Pending sales rose by 13% compared with 2009.
Jessica Brown

Modified Mortgage Rates are the Reason behind Increased Albuquerque Foreclosures - 0 views

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    Local investigators and analysts reported that in January in Albuquerque the number of homes in foreclosure had rose as the city's mortgages had been set
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