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James Foxx

Realtors Favor Short Sales to Lower Bank REO Properties for Sale Totals - 0 views

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    Bank REO properties for sale and foreclosure numbers remain high in California. Realtors are promoting short sales in an effort to stop foreclosure increases.
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

Distressed Commercial Properties Increased in Los Angeles in 2010 - 0 views

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    Distressed commercial properties and foreclosed hotels increased in Los Angeles last year. More than 130 hotel properties were lost to foreclosure in 2010.
James Foxx

Incomplete Short Sale Foreclosures Hinder Market Recovery - 0 views

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    Realtors in California stated that incomplete short sale foreclosures are partly to blame for the housing market's slow recovery. Around 40% of short sales in the area do not reach closing stages.
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