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The high number of bank, government and tax foreclosure homes remains a problem in Cleveland. The problem is further aggravated by the city's failure to win its case against banks.

The number of new houses sold in the U.S. in November was less than what economists predicted. According to analysts, unemployment and the presence of listings of bank-owned homes affected the result.

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.

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.

The foreclosure lists of Freddie Mac and Fannie Mae continue to expand. Analysts stated that the growing backlog of the mortgage giants can pose huge problems.

To concentrate on reducing their bank foreclosures inventory, Bank of America will no longer offer reverse mortgages. Instead, they will make more traditional mortgages.

A study shows that a foreclosures sale will be more successful if the residential property on offer has been remodeled. Repaired houses reportedly have shorter days on market than those that were not.

With the spring housing market, bank foreclosures and existing homes realtors try to think of ways to lure buyers from the woodwork. One trick is staging.

To avoid home repossessions, JP Morgan Chase plans to open several centers to provide aid to troubled borrowers. To date, there are already 51 similar centers.

Letting your home end up as one of the foreclosure homes for sale is indeed something you would not like to happen. Fortunately, options are available.

Preventing your house to end up as bank foreclosure homes is actually easy and simple. All you need to do is to pick the right lender.

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

The apartment market in most Texas areas is doing better than the home selling market. According to reports, apartments are getting rented faster than repossessed properties for sale are getting sold.

Housing experts stated that there is a possibility that filings for bank foreclosures will rise again 2011. Most of them believe that the peak of the home industry crisis will occur during the year.

In Dayton, a center specialized in counseling homeowners in danger of losing their homes to foreclosed property listings is waiting for funds. It is set to run out of funds by the end of January.