Federal foreclosed homes and bank foreclosures continue to rise in Florida. A number of cases reportedly involve faulty documents which angered state judges.
Home foreclosures list continues to record higher numbers in most parts of the U.S. However, mortgage delinquency rates are starting to decline in most areas.
Federal homes and bank foreclosures continue to drag the new home market down. Analysts reported that the price gap between new and foreclosed homes has grown.
Federal foreclosure listings and other residential listings will have more chances of getting sold in Kentucky. The population rose, according to census report.
Federal Home Loan Mortgage Corporation foreclosures declined in Pennsylvania in February 2011. Neighbor state New Jersey also posted a decline for the month.
Home foreclosures for sale numbers in the U.S. dropped to their lowest points in three years last February 2011. The drop from a year ago was over a quarter.
Federal government homes for sale and bank foreclosed homeowners are stepping up efforts to keep their houses. In Georgia, default distance has become longer.
Federal home loan foreclosures and bank foreclosed properties continue to affect the homebuilding sector. In Sacramento, housing permits declined by nearly 70%.
Federal Home Loan Mortgage Corporation foreclosure and bank foreclosures in Michigan remain high. Borrowers are blaming the state's foreclosure processing law.
Home foreclosures list dwellings and existing houses posted higher sales in January. It marks the third month in a row that sales in this category have risen.
Federal National Mortgage Association foreclosures and other types of foreclosures are affecting small businesses. In Myrtle Beach, local firms are concerned.
Lists of federal homes and other types of foreclosures increased in Florida last quarter. The state also had the highest foreclosure inventory for the period.
Federal tax credits for homebuyers are gone, but Atlanta home builders believe that the new home market will pick up. They predict increased activity in 2011.
Oversupply of foreclosure homes has created serious problems for the U.S. home market. The administration has proposed a plan meant to address these problems.
Federal foreclosures and bank foreclosed homes are selling better than non-foreclosed dwellings. Alabama markets are reportedly dominated by distressed houses.
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.
While bank foreclosures and federal home listings continue to pose problems on Tennessee's home market, mobile homes are starting to make a comeback. Sales of refurbished mobiles have risen in the area.
Staging is one strategy used by home sellers in South Carolina to attract buyers. Sales have declined in the region and non-foreclosure sellers are forced to compete with federal home foreclosures.